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Increased Earnings Estimates Seen for Dynatrace (DT): Can It Move Higher?
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Dynatrace, Inc. (DT - Free Report) is a software intelligence platform provider that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on DT’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Dynatrace could be a solid choice for investors.
Current Quarter Estimates for DT
In the past 30 days, three estimates have gone higher for Dynatrace while none have been revised downward in the same time period. The trend has been pretty favorable too, with estimates increasing from 6 cents a share 30 days ago, to 8 cents today, a move of 33.3%.
Current Year Estimates for DT
Meanwhile, Dynatrace’s current year figures are also looking quite promising, with three estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 24 cents per share 30 days ago to 28 cents per share today, an increase of 16.7%.
The stock has also started to move higher lately, adding 33.8% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
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Increased Earnings Estimates Seen for Dynatrace (DT): Can It Move Higher?
Dynatrace, Inc. (DT - Free Report) is a software intelligence platform provider that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on DT’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Dynatrace could be a solid choice for investors.
Current Quarter Estimates for DT
In the past 30 days, three estimates have gone higher for Dynatrace while none have been revised downward in the same time period. The trend has been pretty favorable too, with estimates increasing from 6 cents a share 30 days ago, to 8 cents today, a move of 33.3%.
Current Year Estimates for DT
Meanwhile, Dynatrace’s current year figures are also looking quite promising, with three estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 24 cents per share 30 days ago to 28 cents per share today, an increase of 16.7%.
Dynatrace, Inc. Price and Consensus
Dynatrace, Inc. price-consensus-chart | Dynatrace, Inc. Quote
Bottom Line
The stock has also started to move higher lately, adding 33.8% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>