Dynatrace Inc. [NYSE: DT] jumped around 0.32 points on Monday, while shares priced at $39.89 at the close of the session, up 0.81%. The company report on October 1, 2020 that Temenos Enables Seamless Banking Experiences With Dynatrace.
Automatic and intelligent observability helps drive rapid innovation in an increasingly complex cloud-native environment.
Software intelligence company Dynatrace (NYSE: DT), announced today that Temenos, a world-leading banking software provider, is using the Dynatrace Software Intelligence Platform to help its customers create seamless banking experiences. With Dynatrace®, Temenos gains automatic and intelligent observability across the hybrid, multicloud ecosystem that underpins its SaaS offering, which includes a combination of Microsoft Azure, AWS, and on-premises solutions. Dynatrace is helping to transform the way Temenos’ IT team works, enabling them to deliver new services faster and proactively optimize digital experiences for their customers in the financial services industry.
Dynatrace Inc. stock is now 57.67% up from its year-to-date (YTD) trading value. DT Stock saw the intraday high of $40.79 and lowest of $39.345 per share. The company’s 52-week high price is 48.85, which means current price is +133.27% above from all time high which was touched on 09/02/20.
Compared to the average trading volume of 2.92M shares, DT reached a trading volume of 3071728 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Dynatrace Inc. [DT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DT shares is $48.95 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DT stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Dynatrace Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 25, 2020. While these analysts kept the previous recommendation, FBN Securities raised their target price to Outperform. The new note on the price target was released on September 22, 2020, representing the official price target for Dynatrace Inc. stock. Previously, the target price had yet another raise to $40, while Loop Capital analysts kept a Hold rating on DT stock. On June 19, 2020, analysts increased their price target for DT shares from 32 to 51.
The Average True Range (ATR) for Dynatrace Inc. is set at 2.06, with the Price to Sales ratio for DT stock in the period of the last 12 months amounting to 20.26. The Price to Book ratio for the last quarter was 11.27, with the Price to Cash per share for the same quarter was set at 0.85.
How has DT stock performed recently?
Dynatrace Inc. [DT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.28. With this latest performance, DT shares dropped by -4.43% in over the last four-week period, additionally plugging by 76.97% over the last 6 months – not to mention a rise of 100.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DT stock in for the last two-week period is set at 46.70, with the RSI for the last a single of trading hit 45.96, and the three-weeks RSI is set at 48.43 for Dynatrace Inc. [DT]. The present Moving Average for the last 50 days of trading for this stock 40.50, while it was recorded at 40.62 for the last single week of trading, and 34.03 for the last 200 days.
Dynatrace Inc. [DT]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Dynatrace Inc. [DT] shares currently have an operating margin of -31.30 and a Gross Margin at +69.00. Dynatrace Inc.’s Net Margin is presently recorded at -76.59.
Return on Total Capital for DT is now -12.66, given the latest momentum, and Return on Invested Capital for the company is -39.94. Return on Equity for this stock declined to -146.36, with Return on Assets sitting at -21.47. When it comes to the capital structure of this company, Dynatrace Inc. [DT] has a Total Debt to Total Equity ratio set at 53.04. Additionally, DT Total Debt to Total Capital is recorded at 34.66, with Total Debt to Total Assets ending up at 24.48. Long-Term Debt to Equity for the company is recorded at 53.04, with the Long-Term Debt to Total Capital now at 34.66.
Reflecting on the efficiency of the workforce at the company, Dynatrace Inc. [DT] managed to generate an average of -$186,368 per employee. Receivables Turnover for the company is 2.80 with a Total Asset Turnover recorded at a value of 0.28.Dynatrace Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.
Earnings analysis for Dynatrace Inc. [DT]
With the latest financial reports released by the company, Dynatrace Inc. posted 0.06/share EPS, while the average EPS was predicted by analysts to be reported at 0.04/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 50.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dynatrace Inc. go to 32.95%.
Insider trade positions for Dynatrace Inc. [DT]
There are presently around $10,320 million, or 92.50% of DT stock, in the hands of institutional investors. The top three institutional holders of DT stocks are: THOMA BRAVO, L.P. with ownership of 116,491,236, which is approximately -20.299% of the company’s market cap and around 0.90% of the total institutional ownership; VANGUARD GROUP INC, holding 14,381,727 shares of the stock with an approximate value of $573.69 million in DT stocks shares; and FMR LLC, currently with $496.38 million in DT stock with ownership of nearly 361.876% of the company’s market capitalization.
Positions in Dynatrace Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 224 institutional holders increased their position in Dynatrace Inc. [NYSE:DT] by around 56,335,859 shares. Additionally, 76 investors decreased positions by around 53,713,607 shares, while 6 investors held positions by with 148,671,537 shares. The mentioned changes placed institutional holdings at 258,721,003 shares, according to the latest SEC report filing. DT stock had 157 new institutional investments in for a total of 19,704,849 shares, while 27 institutional investors sold positions of 2,259,289 shares during the same period.