UBS Group Forecasts Strong Price Appreciation for Dynatrace (NYSE:DT) Stock

Dynatrace (NYSE:DT) had its target price lifted by equities research analysts at UBS Group from $65.00 to $74.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price objective indicates a potential upside of 26.56% from the company’s current price.

Other analysts have also recently issued reports about the company. KeyCorp increased their price objective on Dynatrace from $53.00 to $61.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Oppenheimer upped their price target on Dynatrace from $60.00 to $71.00 and gave the stock an “outperform” rating in a report on Thursday, September 24th. TD Cowen lifted their price objective on Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Zacks Research downgraded Dynatrace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Finally, BMO Capital Markets upped their target price on shares of Dynatrace from $60.00 to $62.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 15th. Twenty-three equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Dynatrace presently has an average rating of “Moderate Buy” and a consensus price target of $56.89.

Dynatrace Stock Up 1.3%

NYSE:DT traded up $0.73 on Thursday, reaching $58.47. 919,516 shares of the company’s stock were exchanged, compared to its average volume of 6,456,001. The firm has a market capitalization of $16.90 billion, a price-to-earnings ratio of 117.43, a price-to-earnings-growth ratio of 3.56 and a beta of 0.74. The business has a fifty day moving average of $50.97 and a 200-day moving average of $43.75. Dynatrace has a 52-week low of $31.64 and a 52-week high of $59.41.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The business had revenue of $554.55 million during the quarter, compared to analyst estimates of $550.01 million. During the same quarter last year, the firm posted $0.42 earnings per share. The business’s revenue for the quarter was up 16.3% compared to the same quarter last year. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. As a group, equities analysts anticipate that Dynatrace will post 1.1 earnings per share for the current year.

Insider Buying and Selling at Dynatrace

In related news, EVP Bernd Greifeneder sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the completion of the sale, the executive vice president owned 904,846 shares in the company, valued at $51,766,239.66. The trade was a 5.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.69% of the company’s stock.

Institutional Trading of Dynatrace

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. QRG Capital Management Inc. grew its position in shares of Dynatrace by 13.8% in the 2nd quarter. QRG Capital Management Inc. now owns 23,178 shares of the company’s stock valued at $1,018,000 after buying an additional 2,803 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in Dynatrace by 25.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 100,563 shares of the company’s stock worth $4,416,000 after acquiring an additional 20,222 shares in the last quarter. Tidal Investments LLC lifted its position in Dynatrace by 8.6% in the second quarter. Tidal Investments LLC now owns 65,002 shares of the company’s stock valued at $2,854,000 after acquiring an additional 5,136 shares during the last quarter. Engineers Gate Manager LP boosted its stake in Dynatrace by 709.8% in the second quarter. Engineers Gate Manager LP now owns 365,333 shares of the company’s stock valued at $16,042,000 after acquiring an additional 320,219 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in Dynatrace in the second quarter valued at $292,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

About Dynatrace

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating complex cloud, hybrid, and enterprise technology environments. Its platform is designed to help businesses monitor applications, infrastructure, user experiences, logs, and digital services from a unified interface.

The company’s products support application and infrastructure performance monitoring, digital experience monitoring, log management, cloud automation, application security, and artificial intelligence-assisted operations.