Dynatrace(US:DT) ZACKS·2024-07-17 23:20Company Performance - Shares of Dynatrace have gained 1.94% over the past month, outperforming the Computer and Technology sector's gain of 1.25% but lagging behind the S&P 500's gain of 4.43% [1] - The latest trading session saw Dynatrace ending at $43.32, reflecting a -1.77% adjustment from the previous day's close, which lagged the S&P 500's 1.39% loss on the same day [7] Financial Estimates - The Zacks Consensus Estimates forecast earnings of $1.28 per share and revenue of $1.65 billion for the year, indicating changes of +6.67% and +15.59%, respectively, compared to the previous year [2] - For the upcoming financial results, Dynatrace is anticipated to report an EPS of $0.29, marking a 7.41% rise compared to the same quarter of the previous year, with projected net sales of $392.2 million, up 17.82% from the year-ago period [8] Valuation Metrics - Dynatrace's current Forward P/E ratio is 34.53, which represents a premium compared to its industry's average Forward P/E of 27.64 [4] - The company has a PEG ratio of 3.68, compared to the industry's average PEG ratio of 3.33 [11] Industry Context - Dynatrace operates within the Computers - IT Services industry, which is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 99, placing it within the top 40% of over 250 industries [5] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [12] Analyst Estimates - Recent changes to analyst estimates for Dynatrace reflect evolving short-term business trends, with positive estimate revisions interpreted as a good sign for the company's business outlook [9] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Dynatrace as 3 (Hold), with a 0.19% rise in the Zacks Consensus EPS estimate over the past month [10]