Assessing Whether Dynatrace Inc (NYSE: DT) Is Over- Or Undervalued

Dynatrace Inc (DT) concluded trading on Thursday at a closing price of $45.97, with 4.45 million shares of worth about $204.54 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.42% during that period and on April 4, 2024 the price saw a gain of about 2.13%. Currently the company’s common shares owned by public are about 290.41M shares, out of which, 274.81M shares are available for trading.

However, the stock later moved at a day high price of 46.97, or with a gain of 2.13%. Stock saw a price change of 0.07% in past 5 days and over the past one month there was a price change of -2.59%. Year-to-date (YTD), DT shares are showing a performance of -15.94% which increased to 8.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $40.27 but also hit the highest price of $61.41 during that period. The average intraday trading volume for Dynatrace Inc shares is 3.63 million. The stock is currently trading -0.56% below its 20-day simple moving average (SMA20), while that difference is down -9.71% for SMA50 and it goes to -8.97% lower than SMA200.

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Dynatrace Inc (NYSE: DT) currently have 290.41M outstanding shares and institutions hold larger chunk of about 87.50% of that.

The stock has a current market capitalization of $13.61B and its 3Y-monthly beta is at 1.07. PE ratio of stock for trailing 12 months is 69.14, while it has posted earnings per share of $0.66 in the same period. Its PEG reads 4.96 and has Quick Ratio of 1.25 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DT, volatility over the week remained 2.17% while standing at 2.23% over the month.

Stock’s fiscal year EPS is expected to rise by 20.88% while it is estimated to increase by 12.54% in next year. EPS is likely to shrink at an annualized rate of 13.95% for next 5-years, compared to annual growth of 62.27% made by the stock over the past 5-years.

Coverage by Wolfe Research stated Dynatrace Inc (DT) stock as an Outperform in their note to investors on March 18, 2024, suggesting a price target of $60 for the stock. On February 21, 2024, CapitalOne Initiated their recommendations, while on February 13, 2024, Morgan Stanley Initiated their ratings for the stock with a price target of $60. Stock get a Sector outperform rating from Scotiabank on December 05, 2023.

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