We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Dynatrace (DT) Exceeds Market Returns: Some Facts to Consider
Read MoreHide Full Article
Dynatrace (DT - Free Report) closed the most recent trading day at $55.83, moving +1.16% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 1.14%. On the other hand, the Dow registered a gain of 0.61%, and the technology-centric Nasdaq increased by 1.69%.
Shares of the software intellegence company have appreciated by 11.27% over the course of the past month, outperforming the Computer and Technology sector's loss of 1.69%, and the S&P 500's loss of 2.85%.
The investment community will be closely monitoring the performance of Dynatrace in its forthcoming earnings report. The company is expected to report EPS of $0.49, up 11.36% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $567.79 million, showing a 14.97% escalation compared to the year-ago quarter.
DT's full-year Zacks Consensus Estimates are calling for earnings of $1.95 per share and revenue of $2.32 billion. These results would represent year-over-year changes of +14.71% and +14.99%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Dynatrace. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.3% lower. Dynatrace is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Dynatrace is holding a Forward P/E ratio of 28.31. This denotes a premium relative to the industry average Forward P/E of 14.
Also, we should mention that DT has a PEG ratio of 1.93. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Computers - IT Services industry had an average PEG ratio of 1.43 as trading concluded yesterday.
The Computers - IT Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 100, placing it within the top 41% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Dynatrace (DT) Exceeds Market Returns: Some Facts to Consider
Dynatrace (DT - Free Report) closed the most recent trading day at $55.83, moving +1.16% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 1.14%. On the other hand, the Dow registered a gain of 0.61%, and the technology-centric Nasdaq increased by 1.69%.
Shares of the software intellegence company have appreciated by 11.27% over the course of the past month, outperforming the Computer and Technology sector's loss of 1.69%, and the S&P 500's loss of 2.85%.
The investment community will be closely monitoring the performance of Dynatrace in its forthcoming earnings report. The company is expected to report EPS of $0.49, up 11.36% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $567.79 million, showing a 14.97% escalation compared to the year-ago quarter.
DT's full-year Zacks Consensus Estimates are calling for earnings of $1.95 per share and revenue of $2.32 billion. These results would represent year-over-year changes of +14.71% and +14.99%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Dynatrace. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.3% lower. Dynatrace is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Dynatrace is holding a Forward P/E ratio of 28.31. This denotes a premium relative to the industry average Forward P/E of 14.
Also, we should mention that DT has a PEG ratio of 1.93. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Computers - IT Services industry had an average PEG ratio of 1.43 as trading concluded yesterday.
The Computers - IT Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 100, placing it within the top 41% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.