Dynatrace (DT) stock closed at $44.30, up 1.3%, with positive analyst projections.

From Nasdaq: 2024-07-26 18:15:20

Dynatrace (DT) closed at $44.30, up +1.3% from the prior day, outperforming S&P 500 and Nasdaq. The stock depreciated by 0.64% in the past month, better than the sector and S&P 500. Earnings announcement expected on August 7, 2024, with estimates of $0.29 EPS and $392.2 million revenue.

Zacks Consensus Estimates project $1.28 EPS and $1.65 billion revenue for the year. Recent analyst revisions indicate optimism and profitability. Dynatrace holds a Zacks Rank of #3 (Hold), with a 0.19% rise in Zacks Consensus EPS estimate. Analysts may be underestimating the potential stock performance, with a surge of +10-20% post-earnings.

Dynatrace’s Forward P/E ratio is 34.24, higher than the industry average of 28.04. The PEG ratio stands at 3.65, above the industry average of 3.21. The Computers – IT Services industry is ranked 93, in the top 37%. Stay updated on Dynatrace’s performance using Zacks.com for more in-depth analysis and recommendations.



Read more at Nasdaq: Why Dynatrace (DT) Outpaced the Stock Market Today