Dynatrace, Inc. (NYSE:DT) Receives $51.32 Average Price Target from Analysts

Dynatrace, Inc. (NYSE:DTGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the twenty-seven analysts that are presently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $46.50.

DT has been the topic of a number of research reports. DA Davidson cut their price objective on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday. Wolfe Research reiterated an “outperform” rating and issued a $42.00 price objective on shares of Dynatrace in a research note on Thursday. Jefferies Financial Group cut their price objective on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday. Citigroup cut their price objective on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Weiss Ratings upgraded shares of Dynatrace from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, May 1st.

Read Our Latest Research Report on Dynatrace

Insider Buying and Selling

In other news, EVP Stephen A. Mcmahon purchased 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average price of $35.75 per share, for a total transaction of $107,250.00. Following the completion of the transaction, the executive vice president owned 3,454 shares in the company, valued at $123,480.50. This represents a 660.79% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.57% of the company’s stock.

Institutional Trading of Dynatrace

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DT. V Square Quantitative Management LLC acquired a new stake in Dynatrace during the fourth quarter valued at $26,000. Cornerstone Planning Group LLC grew its position in shares of Dynatrace by 561.4% in the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 494 shares during the period. Brown Lisle Cummings Inc. grew its position in shares of Dynatrace by 218.8% in the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after purchasing an additional 547 shares during the period. RHL Group LLC acquired a new stake in shares of Dynatrace in the fourth quarter valued at about $30,000. Finally, Larson Financial Group LLC grew its position in shares of Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after purchasing an additional 508 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Price Performance

NYSE:DT opened at $38.36 on Monday. The firm has a market capitalization of $11.44 billion, a P/E ratio of 71.04, a PEG ratio of 2.57 and a beta of 0.70. Dynatrace has a 1-year low of $31.64 and a 1-year high of $57.55. The company’s fifty day moving average price is $37.12 and its 200-day moving average price is $40.31.

Dynatrace (NYSE:DTGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Equities analysts anticipate that Dynatrace will post 1.08 EPS for the current fiscal year.

Dynatrace announced that its board has approved a stock 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 buy up to 9.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Key Stories Impacting Dynatrace

Here are the key news stories impacting Dynatrace this week:

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.

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Analyst Recommendations for Dynatrace (NYSE:DT)

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