Analysts Set Dynatrace, Inc. (NYSE:DT) PT at $49.42

Dynatrace, Inc. (NYSE:DTGet Free Report) has received an average rating of “Moderate Buy” from the thirty research firms that are covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation, twenty-two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $49.4231.

DT has been the subject of a number of analyst reports. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a research report on Thursday, June 25th. Guggenheim cut Dynatrace from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 13th. Rothschild & Co Redburn started coverage on shares of Dynatrace in a report on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price target for the company. DA Davidson upped their price target on shares of Dynatrace from $45.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Finally, Barclays upped their price target on shares of Dynatrace from $44.00 to $48.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st.

Read Our Latest Stock Analysis on Dynatrace

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC raised its holdings in shares of Dynatrace by 25.3% during the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock valued at $431,000 after buying an additional 1,846 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Dynatrace by 19.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $102,000 after buying an additional 348 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Dynatrace by 21.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after buying an additional 272 shares in the last quarter. Invesco Ltd. increased its position in Dynatrace by 38.9% in the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock valued at $43,816,000 after acquiring an additional 222,395 shares during the period. Finally, Marshall Wace LLP acquired a new stake in Dynatrace in the 2nd quarter valued at approximately $410,000. Institutional investors own 94.28% of the company’s stock.

Dynatrace Stock Up 5.1%

Shares of NYSE DT opened at $43.76 on Friday. The firm’s 50-day moving average price is $42.48 and its two-hundred day moving average price is $39.27. Dynatrace has a 52-week low of $31.64 and a 52-week high of $55.49. The stock has a market capitalization of $12.70 billion, a P/E ratio of 81.03, a P/E/G ratio of 2.68 and a beta of 0.73.

Dynatrace (NYSE:DTGet Free Report) last issued its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.Dynatrace’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.33 earnings per share. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. As a group, equities research analysts expect that Dynatrace will post 1.11 earnings per share for the current year.

Dynatrace Company Profile

(Get Free Report)

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.

Further Reading

Analyst Recommendations for Dynatrace (NYSE:DT)

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