Dynatrace (NYSE:DT) Coverage Initiated by Analysts at William Blair

Analysts at William Blair began coverage on shares of Dynatrace (NYSE:DT) in a research report issued to clients and investors on Thursday. The brokerage set an “outperform” rating on the stock.

A number of other analysts have also commented on DT. Weiss Ratings lowered Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday. KeyCorp cut their price objective on shares of Dynatrace from $52.00 to $47.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Wells Fargo & Company lowered their target price on shares of Dynatrace from $65.00 to $50.00 and set an “overweight” rating for the company in a report on Tuesday, February 10th. Rosenblatt Securities reduced their price objective on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Finally, Raymond James Financial reissued a “market perform” rating on shares of Dynatrace in a research report on Monday, February 9th. Twenty-one equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Dynatrace Stock Performance

Shares of Dynatrace stock traded down $0.55 on Thursday, reaching $39.32. 214,365 shares of the company’s stock were exchanged, compared to its average volume of 6,842,957. Dynatrace has a 52 week low of $31.64 and a 52 week high of $57.55. The company has a market capitalization of $11.73 billion, a P/E ratio of 72.66, a price-to-earnings-growth ratio of 2.68 and a beta of 0.70. The firm’s 50-day moving average is $37.16 and its two-hundred day moving average is $40.11.

Dynatrace (NYSE:DT) last issued its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The company had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. During the same period last year, the business posted $0.33 EPS. The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. On average, analysts expect that Dynatrace will post 1.08 EPS for the current fiscal year.

Dynatrace declared that its Board of Directors has initiated a share buyback plan on Monday, February 9th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to reacquire up to 9.8% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, EVP Stephen A. Mcmahon bought 3,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average cost of $35.75 per share, with a total value of $107,250.00. Following the completion of the purchase, the executive vice president owned 3,454 shares in the company, valued at approximately $123,480.50. The trade was a 660.79% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Dynatrace

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

Dynatrace Company Profile

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.