Dynatrace's stock price rises 1.66%, with positive growth in EPS and revenue

From Nasdaq: 2024-06-28 18:15:21

In the latest trading session, Dynatrace (DT) closed at $44.74, marking a +1.66% move from the previous day, outpacing the S&P 500’s loss. Dynatrace is expected to report EPS of $0.29 and revenue of $392.12 million, showing positive growth compared to the prior year. Analyst revisions and stock performance correlations are key factors for investors to consider.

Dynatrace’s current valuation metrics include a Forward P/E ratio of 34.49, indicating a premium compared to the industry average. The PEG ratio of 3.68 considers expected earnings growth, and the industry rank of Computers – IT Services is favorable. Utilize Zacks.com for updated stock metrics and recommendations from Zacks Investment Research.

Investors can access the latest Zacks Investment Research stock recommendations and analysis for free. Stay informed about Dynatrace, Inc. and industry trends by reading the full article on Zacks.com. Remember, the opinions expressed are those of the author and may differ from Nasdaq, Inc.



Read more at Nasdaq: Dynatrace (DT) Increases Despite Market Slip: Here’s What You Need to Know