Banking

Dynatrace Earns Composite Rating Upgrade In A Tough Market

On Monday, Dynatrace (DT) got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.




X



The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength.

Dynatrace is trading within the buy zone from a 56.23 entry from a double bottom.


Looking For The Best Stocks To Buy And Watch? Try These Exclusive Lists


 

The stock earns a 95 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 95% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

In Q4, the company posted 50% earnings growth. Revenue growth increased 30%, up from 28% in the prior report. That marks one quarter of accelerating revenue gains. The company’s next quarterly report is expected on or around Jul. 29.

Dynatrace holds the No. 4 rank among its peers in the Computer Software-Enterprise industry group. Docusign (DOCU) is the No. 1-ranked stock within the group.

YOU MIGHT ALSO LIKE:

Join IBD Live And Learn Top Chart-Reading And Trading Techniques From The Pros
MarketSmith’s Tools Can Help The Individual Investor
Profit From Short-Term Trends With SwingTrader
Get Timely Buy & Sell Alerts With IBD Leaderboard
Find The Best Long-Term Investments With IBD Long-Term Leaders

 

Most Related Links :
todayprimenews Governmental News Finance News

Source link

Back to top button