Dynatrace, Inc. (NYSE:DT) Given Consensus Rating of “Moderate Buy” by Analysts

Dynatrace, Inc. (NYSE:DT) has earned a consensus rating of “Moderate Buy” from the thirty ratings firms that are covering the firm, Marketbeat reports. Seven equities research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $54.8077.

DT has been the topic of several research analyst reports. KeyCorp increased their price objective on Dynatrace from $53.00 to $61.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Truist Financial lifted their target price on Dynatrace from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, August 14th. DA Davidson upped their target price on Dynatrace from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. BTIG Research increased their price target on Dynatrace from $47.00 to $62.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, Zacks Research downgraded Dynatrace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th.

Institutional Trading of Dynatrace

A number of hedge funds have recently added to or reduced their stakes in the business. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Dynatrace during the 2nd quarter valued at about $5,553,000. California State Teachers Retirement System raised its holdings in shares of Dynatrace by 3,827.2% in the 2nd quarter. California State Teachers Retirement System now owns 13,951,788 shares of the company’s stock valued at $612,623,000 after purchasing an additional 13,596,525 shares in the last quarter. HB Wealth Management LLC purchased a new stake in shares of Dynatrace in the 2nd quarter worth approximately $572,000. Fortitude Advisory Group L.L.C. purchased a new stake in shares of Dynatrace in the 2nd quarter worth approximately $380,000. Finally, AlphaGrep UK Ltd purchased a new stake in shares of Dynatrace in the 2nd quarter worth approximately $416,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Dynatrace Trading Up 2.1%

NYSE DT opened at $50.07 on Wednesday. The stock has a market cap of $14.47 billion, a PE ratio of 100.14, a PEG ratio of 2.97 and a beta of 0.72. Dynatrace has a 12 month low of $31.64 and a 12 month high of $53.28. The company’s 50-day moving average price is $45.26 and its 200-day moving average price is $40.48.

Dynatrace (NYSE:DT) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to analyst estimates of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same quarter last year, the business posted $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. As a group, sell-side analysts forecast that Dynatrace will post 1.12 earnings per share for the current year.

About Dynatrace

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.