Currently, there are 298.52M common shares owned by the public and among those 294.77M shares have been available to trade.
The company’s stock has a 5-day price change of 8.87% and 7.04% over the past three months. DT shares are trading 6.61% year to date (YTD), with the 12-month market performance down to -0.43% lower. It has a 12-month low price of $39.42 and touched a high of $61.41 over the same period. DT has an average intraday trading volume of 3.20 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 8.50%, 6.44%, and 16.17% respectively.
Institutional ownership of Dynatrace Inc (NYSE: DT) shares accounts for 96.58% of the company’s 298.52M shares outstanding.
It has a market capitalization of $17.29B and a beta (3y monthly) value of 1.04. The stock’s trailing 12-month PE ratio is 106.68, while the earnings-per-share (ttm) stands at $0.54. The company has a PEG of 7.96 and a Quick Ratio of 1.31 with the debt-to-equity ratio at 0.04. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.97% over the week and 2.30% over the month.
Earnings per share for the fiscal year are expected to increase by 10.38%, and 13.61% over the next financial year.
Looking at the support for the DT, a number of firms have released research notes about the stock. Cantor Fitzgerald stated their Neutral rating for the stock in a research note on January 17, 2025, with the firm’s price target at $58. UBS was of a view on November 27, 2024 that the stock is Neutral, while BMO Capital Markets gave the stock Outperform rating on November 08, 2024, issuing a price target of $53- $61. Wedbush on their part issued Outperform rating on October 17, 2024.
