Market Analysts see Dynatrace Inc [DT] gaining to $50. Time to buy?

Dynatrace Inc [NYSE: DT] gained 1.05% on the last trading session, reaching $52.09 price per share at the time.

If compared to the average trading volume of 3.00M shares, DT reached a trading volume of 4661467 in the most recent trading day, which is why market watchdogs consider the stock to be active.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Here is what top equities market gurus are saying 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 $57.73 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 1.66. 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.

Piper Sandler have made an estimate for Dynatrace Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 27, 2024. The new note on the price target was released on April 18, 2024, representing the official price target for Dynatrace Inc stock.

The Average True Range (ATR) for Dynatrace Inc is set at 1.06, with the Price to Sales ratio for DT stock in the period of the last 12 months amounting to 10.37. The Price to Book ratio for the last quarter was 7.51, with the Price to Cash per share for the same quarter was set at 3.40. Price to Free Cash Flow for DT in the course of the last twelve months was 34.07 with Quick ratio for the last quarter at 1.26.

Trading performance analysis for DT stock

Dynatrace Inc [DT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.76. With this latest performance, DT shares gained by 5.06% in over the last four-week period, additionally plugging by 14.43% over the last 6 months – not to mention a rise of 12.21% 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 70.62, with the RSI for the last a single of trading hit 75.59, and the three-weeks RSI is set at 66.95 for Dynatrace Inc [DT]. The present Moving Average for the last 50 days of trading for this stock 47.00, while it was recorded at 51.13 for the last single week of trading, and 49.02 for the last 200 days.

Dynatrace Inc [DT]: A deeper dive into fundamental analysis

Dynatrace Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.26 and a Current Ratio set at 1.26.

Dynatrace Inc [DT]: An earnings per share (EPS) analysis

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 10.25%.

An analysis of Institutional ownership at Dynatrace Inc [DT]

There are presently around $99.54%, or 100.06%% of DT stock, in the hands of institutional investors. The top three institutional holders of DT stocks are: VANGUARD GROUP INC with ownership of 28.19 million shares, which is approximately 9.5149%. BLACKROCK INC., holding 27.56 million shares of the stock with an approximate value of $$1.23 billion in DT stocks shares; and BLACKROCK INC., currently with $$793.93 million in DT stock with ownership which is approximately 5.9898%.