Why is DT stock dropping?
Dynatrace's quarterly report exceeded Wall Street's forecasts for sales and earnings. The company expects slowing growth due to longer sales cycles, which hurt share prices. The stock's valuation represents a material discount to many of its peers.
Dynatrace Inc's analyst rating consensus is a Strong Buy. This is based on the ratings of 26 Wall Streets Analysts.
High | $75.00 |
---|---|
Median | $64.00 |
Low | $52.00 |
Average | $63.17 |
Current Price | $44.43 |
Dynatrace Stock Forecast
The 23 analysts with 12-month price forecasts for Dynatrace stock have an average target of 60.26, with a low estimate of 38 and a high estimate of 70. The average target predicts an increase of 35.63% from the current stock price of 44.43.
Dynatrace exceeded revenue and profit expectations in the fourth quarter while issuing slightly disappointing ARR guidance. Here are the key numbers: Q4 2023 revenue: $365 million. This was up 23% from the year before and $7.4 million more than analysts' consensus, noted Investor's Business Daily.
DTM Stock Forecast FAQ
Based on analyst ratings, DT Midstream's 12-month average price target is $59.83. Currently there's no upside potential for DTM, based on the analysts' average price target. DT Midstream has a conensus rating of Hold which is based on 1 buy ratings, 5 hold ratings and 1 sell ratings.
(DT) Follow. 46.01 -0.25 (-0.55%)
Wall Street analysts set price targets for stocks on a quarterly and annual basis. These price targets reflect what the analyst thinks a fair price for the stock is based on current and past market performance.
High | $1,360.00 |
---|---|
Median | $1,230.00 |
Low | $975.00 |
Average | $1,216.00 |
Current Price | $1,311.49 |
Average Recommendation | Hold |
---|---|
Average Target Price | 76.56 |
Number Of Ratings | 18 |
FY Report Date | 11/2024 |
Last Quarter's Earnings | 0.63 |
Who bought Dynatrace?
Dynatrace was acquired by Compuware for $256M on Jul 6, 2011 .
Dynatrace (NYSE: DT) does not pay a dividend.
RDFN Stock 12 Month Forecast
Based on 15 Wall Street analysts offering 12 month price targets for Redfin in the last 3 months. The average price target is $7.14 with a high forecast of $10.00 and a low forecast of $4.00. The average price target represents a 18.80% change from the last price of $6.01.
Dynatrace stock has received a consensus rating of buy. The average rating score is and is based on 80 buy ratings, 15 hold ratings, and 0 sell ratings.
Vanguard owns the most shares of Dynatrace Inc (DT). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.
Fully automated, AI-assisted observability across Google Cloud and hybrid environments. Integrate Dynatrace intelligent monitoring of services running in the Google Cloud. In addition to automatic full stack monitoring, Dynatrace provides comprehensive support for a wide range of Google Cloud Services.
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EPD Enterprise Products Partners L.P. | 28.96 | +9.92% |
ET Energy Transfer LP | 15.93 | +15.40% |
WMB The Williams Companies, Inc. | 38.49 | +10.52% |
OKE ONEOK, Inc. | 79.74 | +13.56% |
The main competitors of Dynatrace include Paylocity (PCTY), Guidewire Software (GWRE), Vertex (VERX), Logitech International (LOGI), Gen Digital (GEN), Bentley Systems (BSY), Aspen Technology (AZPN), Manhattan Associates (MANH), Jack Henry & Associates (JKHY), and Trimble (TRMB).
On October 27, 2020, DTE announced its plan to spin-off DTE Midstream into an independent, publicly-traded business called DT Midstream.
(American football, Canadian football) Initialism of defensive tackle. (law enforcement) Abbreviation of (police) detective. (education) Initialism of design and technology. (aviation) Abbreviation of dethermalizer.
What does DT mean in trucking?
TRAN_EQU_TY_EQU_DSCRPTN_CD | TRAN_EQU_TY_EQU_DSCRPTN_TX |
---|---|
DD | Double-Drop Trailer |
DF | Container with Flush Doors |
DT | Drop Back Trailer |
DX | Boxcar, Damage Free Equipped |
In precise timekeeping, ΔT (Delta T, delta-T, deltaT, or DT) is a measure of the cumulative effect of the departure of the Earth's rotation period from the fixed-length day of International Atomic Time (86,400 seconds).
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Many investors use price targets to determine when to sell a stock. Investors that use the strategy typically will determine a price range for when to sell the stock at the time of purchase. As a stock price rises, investors can begin selling the position once it reaches the price target range.
Target has a conensus rating of Moderate Buy which is based on 20 buy ratings, 10 hold ratings and 0 sell ratings. What is Target's price target? The average price target for Target is $183.62. This is based on 30 Wall Streets Analysts 12-month price targets, issued in the past 3 months.