FY2027 Earnings Forecast for Dynatrace Issued By Scotiabank

Dynatrace, Inc. (NYSE:DT) – Stock analysts at Scotiabank boosted their FY2027 earnings estimates for Dynatrace in a research note issued on Thursday, May 14th. Scotiabank analyst P. Colville now expects that the company will post earnings per share of $1.07 for the year, up from their previous estimate of $0.97. Scotiabank currently has a “Sector Outperform” rating and a $44.00 target price on the stock. The consensus estimate for Dynatrace’s current full-year earnings is $1.08 per share.

DT has been the topic of several other reports. Jefferies Financial Group reduced their target price on Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. KeyCorp dropped their price target on Dynatrace from $52.00 to $47.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. DA Davidson cut their price target on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Citigroup reduced their price objective on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Finally, Royal Bank Of Canada decreased their price objective on shares of Dynatrace from $50.00 to $45.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Twenty equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Dynatrace currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Dynatrace Price Performance

DT opened at $40.02 on Monday. Dynatrace has a one year low of $31.64 and a one year high of $57.55. The business has a 50 day simple moving average of $37.15 and a two-hundred day simple moving average of $40.18. The firm has a market capitalization of $11.94 billion, a price-to-earnings ratio of 74.11, a PEG ratio of 2.67 and a beta of 0.70.

Dynatrace (NYSE:DT) last issued its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $531.72 million for the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same period in the previous year, the firm earned $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.

Hedge Funds Weigh In On Dynatrace

Several large investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its stake in Dynatrace by 304.7% in the 1st quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after purchasing an additional 7,045,591 shares in the last quarter. Edgestream Partners L.P. purchased a new stake in Dynatrace during the 1st quarter valued at about $1,848,000. Janus Henderson Group PLC increased its stake in Dynatrace by 3.2% during the 1st quarter. Janus Henderson Group PLC now owns 5,062,820 shares of the company’s stock valued at $187,225,000 after purchasing an additional 155,793 shares in the last quarter. Amundi raised its holdings in Dynatrace by 461.5% in the first quarter. Amundi now owns 6,238,938 shares of the company’s stock worth $230,716,000 after buying an additional 5,127,910 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Dynatrace by 115.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,512 shares of the company’s stock worth $56,000 after buying an additional 811 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Activity at Dynatrace

In related news, EVP Stephen A. Mcmahon bought 3,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were acquired at an average cost of $35.75 per share, with a total value of $107,250.00. Following the completion of the acquisition, the executive vice president owned 3,454 shares of the company’s stock, valued at $123,480.50. The trade was a 660.79% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.57% of the stock is currently owned by corporate insiders.

Dynatrace announced that its board has approved a share buyback plan on Monday, February 9th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 9.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

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.