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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Dynatrace Earns IBD Stock Rating Upgrade

The IBD SmartSelect Composite Rating for Dynatrace increased from 94 to 96 Wednesday.

The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.

Dynatrace is currently forming a cup with handle, with a 55.49 entry. See if the stock can break out in heavy trade at least 40% above average.

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The stock has a 92 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 92% of all stocks.

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

In Q1, the company posted 22% EPS growth. Sales growth came in at 20%, down from 21% in the previous quarter. The company's next quarterly report is expected on or around Nov. 7.

Dynatrace holds the No. 13 rank among its peers in the Computer Software-Enterprise industry group. Klaviyo, monday.com and ServiceNow are among the top 5 highly-rated stocks within the group.

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