Dynatrace Inc (NYSE: DT) is -12.73% lower on its value in year-to-date trading and has touched a low of $40.40 and a high of $61.41 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DT stock was last observed hovering at around $47.09 in the last trading session, with the day’s gains setting it 0.64%.
Currently trading at $47.73, the stock is 3.35% and -4.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.9 million and changing 1.36% at the moment leaves the stock -5.36% off its SMA200. DT registered 15.57% gain for a year compared to 6-month loss of -1.24%. The firm has a 50-day simple moving average (SMA 50) of $9.70 and a 200-day simple moving average (SMA200) of $73.43.
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The stock witnessed a 1.99% gain in the last 1 month and extending the period to 3 months gives it a -11.20%, and is 5.02% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.48% over the week and 2.20% over the month.
Dynatrace Inc (DT) has around 4180 employees, a market worth around $14.13B and $1.36B in sales. Current P/E ratio is 71.79 and Fwd P/E is 36.17. Profit margin for the company is 14.44%. Distance from 52-week low is 18.13% and -22.28% from its 52-week high. The company has generated returns on investments over the last 12 months (9.99%).
Dynatrace Inc quarterly earnings per share for the current quarter are estimated at $0.27 with sales reaching $375.23M over the same period.The EPS is expected to grow by 20.88% this year, but quarterly earnings will post 23.00% year-over-year. Quarterly sales are estimated to grow 19.30% in year-over-year returns.
Dynatrace Inc (DT) Top Institutional Holders
754 institutions hold shares in Dynatrace Inc (DT), with institutional investors hold 91.99% of the company’s shares. The shares outstanding are 290.41M, and float is at 274.81M with Short Float at 1.44%. Institutions hold 91.59% of the Float.
The top institutional shareholder in the company is Thoma Bravo, LP with over 51.67 million shares valued at $2.66 billion. The investor’s holdings represent 17.62% of the DT Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 25.16 million shares valued at $1.29 billion to account for 8.58% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 21.98 million shares representing 7.49% and valued at over $1.13 billion, while Price (T.Rowe) Associates Inc holds 7.01% of the shares totaling 20.57 million with a market value of $1.06 billion.
Dynatrace Inc (DT) Insider Activity
The most recent transaction is an insider sale by MCCONNELL RICK M,the company’sChief Executive Officer. SEC filings show that MCCONNELL RICK M sold 25,000 shares of the company’s common stock on Mar 15 ’24 at a price of $46.29 per share for a total of $1.16 million. Following the sale, the insider now owns 0.48 million shares.
Dynatrace Inc disclosed in a document filed with the SEC on Mar 12 ’24 that Zugelder Dan (SVP, Chief Revenue Officer) sold a total of 4,302 shares of the company’s common stock. The trade occurred on Mar 12 ’24 and was made at $46.26 per share for $0.2 million. Following the transaction, the insider now directly holds 83037.0 shares of the DT stock.
Still, SEC filings show that on Mar 06 ’24, MCCONNELL RICK M (Chief Executive Officer) disposed off 12,001 shares at an average price of $46.88 for $0.56 million. The insider now directly holds 502,105 shares of Dynatrace Inc (DT).
