Why is DT stock dropping? (2024)

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.

Is DT stock a good buy?

Dynatrace Inc's analyst rating consensus is a Strong Buy. This is based on the ratings of 26 Wall Streets Analysts.

What is the target price for DT?

Stock Price Target DT
High$75.00
Median$64.00
Low$52.00
Average$63.17
Current Price$44.43

Will Dynatrace stock go up?

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.

Is Dynatrace profitable?

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.

Is DT midstream a buy?

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.

What is a DT in stocks?

(DT) Follow. 46.01 -0.25 (-0.55%)

What is target price timeframe?

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.

What is MTD price target?

Stock Price Target MTD
High$1,360.00
Median$1,230.00
Low$975.00
Average$1,216.00
Current Price$1,311.49

What is Mccormick target price?

Snapshot
Average RecommendationHold
Average Target Price76.56
Number Of Ratings18
FY Report Date11/2024
Last Quarter's Earnings0.63
6 more rows

Who bought Dynatrace?

Dynatrace was acquired by Compuware for $256M on Jul 6, 2011 .

Does Dynatrace pay a dividend?

Dynatrace (NYSE: DT) does not pay a dividend.

What is the future of Redfin stock?

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.

Is Dynatrace a buy or sell?

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.

Who are the largest shareholders of Dynatrace?

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.

Does Google use Dynatrace?

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.

What is the best midstream stock?

Largest Companies in This Industry
NameLast PriceYTD Return
EPD Enterprise Products Partners L.P.28.96+9.92%
ET Energy Transfer LP15.93+15.40%
WMB The Williams Companies, Inc.38.49+10.52%
OKE ONEOK, Inc.79.74+13.56%
6 more rows

Who are DT stock competitors?

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).

Did DT Midstream change their name?

On October 27, 2020, DTE announced its plan to spin-off DTE Midstream into an independent, publicly-traded business called DT Midstream.

What does DT stand for?

(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?

TRANSPORTATION-EQUIPMENT-TYPE-EQUIPMENT-DESCRIPTION Data Values
TRAN_EQU_TY_EQU_DSCRPTN_CDTRAN_EQU_TY_EQU_DSCRPTN_TX
DDDouble-Drop Trailer
DFContainer with Flush Doors
DTDrop Back Trailer
DXBoxcar, Damage Free Equipped
135 more rows
Sep 23, 2019

What is DT in time?

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).

Which company share is best to buy today?

  • Stock to buy today: PNC Infratech (₹368.35): BUY.
  • Stock to buy today: Latent View Analytics (₹466.75): BUY.
  • Stock to buy today: Unichem Laboratories (₹454.70): BUY.
  • Stock to buy today: NCC (₹170.70): BUY.
  • Stock to buy today: EIH (₹265.55): BUY.
  • Stock to buy today: VIP Industries (₹652.90) – BUY.

Should you sell a stock when it hits the price Target?

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.

Should I buy Target stock?

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.

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