After finishing at $46.68 in the prior trading day, Dynatrace Inc (NYSE: DT) closed at $46.44, down -0.51%. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 2954005 shares were traded. DT stock price reached its highest trading level at $47.40 during the session, while it also had its lowest trading level at $46.26.
Ratios:
Our goal is to gain a better understanding of DT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.93. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wolfe Research on March 18, 2024, initiated with a Outperform rating and assigned the stock a target price of $60.
On February 21, 2024, CapitalOne started tracking the stock assigning a Overweight rating and target price of $64.
On February 13, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $60.Morgan Stanley initiated its Equal-Weight rating on February 13, 2024, with a $60 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when MCCONNELL RICK M sold 25,000 shares for $46.29 per share. The transaction valued at 1,157,170 led to the insider holds 477,105 shares of the business.
Zugelder Dan sold 4,302 shares of DT for $199,020 on Mar 12 ’24. The SVP, Chief Revenue Officer now owns 83,037 shares after completing the transaction at $46.26 per share. On Mar 06 ’24, another insider, MCCONNELL RICK M, who serves as the Chief Executive Officer of the company, sold 12,001 shares for $46.88 each. As a result, the insider received 562,645 and left with 502,105 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DT now has a Market Capitalization of 13.82B and an Enterprise Value of 13.11B. As of this moment, Dynatrace’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.85, and their Forward P/E ratio for the next fiscal year is 35.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.08 while its Price-to-Book (P/B) ratio in mrq is 7.18. Its current Enterprise Value per Revenue stands at 9.61 whereas that against EBITDA is 72.76.
Stock Price History:
Over the past 52 weeks, DT has reached a high of $61.41, while it has fallen to a 52-week low of $38.07. The 50-Day Moving Average of the stock is 52.61, while the 200-Day Moving Average is calculated to be 50.73.
Shares Statistics:
The stock has traded on average 3.52M shares per day over the past 3-months and 4.29M shares per day over the last 10 days, according to various share statistics. A total of 290.41M shares are outstanding, with a floating share count of 274.79M. Insiders hold about 7.16% of the company’s shares, while institutions hold 87.56% stake in the company. Shares short for DT as of Feb 29, 2024 were 5.31M with a Short Ratio of 1.51, compared to 7.32M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.79% and a Short% of Float of 2.18%.
Earnings Estimates
Its stock is currently analyzed by 29 different market analysts. On average, analysts expect EPS of $0.27 for the current quarter, with a high estimate of $0.28 and a low estimate of $0.26, while EPS last year was $0.31. The consensus estimate for the next quarter is $0.3, with high estimates of $0.35 and low estimates of $0.26.
Analysts are recommending an EPS of between $1.19 and $1.16 for the fiscal current year, implying an average EPS of $1.17. EPS for the following year is $1.32, with 31 analysts recommending between $1.46 and $1.15.
Revenue Estimates
28 analysts predict $375.25M in revenue for the current quarter. It ranges from a high estimate of $376.99M to a low estimate of $371.9M. As of the current estimate, Dynatrace Inc’s year-ago sales were $314.48M, an estimated increase of 19.30% from the year-ago figure. For the next quarter, 25 analysts are estimating revenue of $394.51M, an increase of 20.70% over than the figure of $19.30% in the same quarter last year. There is a high estimate of $403.04M for the next quarter, whereas the lowest estimate is $384.5M.
A total of 31 analysts have provided revenue estimates for DT’s current fiscal year. The highest revenue estimate was $1.43B, while the lowest revenue estimate was $1.42B, resulting in an average revenue estimate of $1.43B. In the same quarter a year ago, actual revenue was $1.16B, up 23.00% from the average estimate. Based on 31 analysts’ estimates, the company’s revenue will be $1.69B in the next fiscal year. The high estimate is $1.72B and the low estimate is $1.66B. The average revenue growth estimate for next year is up 18.50% from the average revenue estimate for this year.
