Dynatrace, Inc. (NYSE:DT) Stock Has Consensus Price Target of $56.89

Dynatrace, Inc. (NYSE:DT) has earned a consensus rating of “Moderate Buy” from the thirty-one brokerages that are covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and twenty-four have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $58.75.

Several research firms have weighed in on DT. Wedbush cut Dynatrace from an “outperform” rating to a “neutral” rating and set a $54.00 price target for the company. in a report on Thursday, September 10th. Rosenblatt Securities reaffirmed a “buy” rating and set a $52.00 price objective on shares of Dynatrace in a report on Tuesday, August 4th. Barclays upped their price objective on Dynatrace from $48.00 to $60.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Citigroup increased their target price on Dynatrace from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $75.00 target price on shares of Dynatrace in a research report on Sunday.

Insiders Place Their Bets

In related news, EVP Bernd Greifeneder sold 50,000 shares of the company’s stock in a transaction on Friday, September 18th. The shares were sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the sale, the executive vice president owned 904,846 shares of the company’s stock, valued at $51,766,239.66. This represents 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 this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.69% of the company’s stock.

Hedge Funds Weigh In On Dynatrace

Institutional investors and hedge funds have recently made changes to their positions in the business. Argent Capital Management LLC bought a new position in shares of Dynatrace in the 3rd quarter valued at about $21,868,000. Hsbc Holdings PLC grew its position in Dynatrace by 12.0% in the fourth quarter. Hsbc Holdings PLC now owns 243,259 shares of the company’s stock worth $10,568,000 after acquiring an additional 26,129 shares in the last quarter. Wellington Management Group LLP increased its stake in Dynatrace by 23.5% during the second quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company’s stock worth $506,229,000 after acquiring an additional 2,191,497 shares during the last quarter. Eminence Capital LP increased its stake in Dynatrace by 33.0% during the fourth quarter. Eminence Capital LP now owns 4,527,266 shares of the company’s stock worth $196,212,000 after acquiring an additional 1,122,855 shares during the last quarter. Finally, Globeflex Capital L P bought a new stake in Dynatrace during the second quarter worth approximately $5,717,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Dynatrace Stock Up 2.8%

Shares of Dynatrace stock opened at $65.26 on Thursday. The firm has a market cap of $18.86 billion, a price-to-earnings ratio of 130.52, a PEG ratio of 3.93 and a beta of 0.77. The business has a 50-day moving average price of $53.83 and a 200-day moving average price of $45.01. Dynatrace has a twelve month low of $31.64 and a twelve month high of $65.29.

Dynatrace (NYSE:DT) last issued its earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. The firm had revenue of $554.55 million for the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%. The business’s revenue was up 16.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 earnings per share. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, equities analysts expect that Dynatrace will post 1.10 EPS for the current fiscal year.

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.