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.


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.

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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.


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