Dynatrace, Inc. (NYSE:DT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Dynatrace, Inc. (NYSE:DT) have been assigned an average rating of “Moderate Buy” from the twenty-eight analysts that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $46.50.

Several equities research analysts have recently commented on DT shares. Wedbush set a $48.00 price target on shares of Dynatrace in a research report on Friday, May 15th. Rosenblatt Securities reduced their target price on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a report on Friday, May 1st. Morgan Stanley reduced their target price on shares of Dynatrace from $43.00 to $40.00 and set an “equal weight” rating for the company in a report on Thursday, May 14th. JPMorgan Chase & Co. reduced their target price on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Finally, Rothschild & Co Redburn initiated coverage on shares of Dynatrace in a report on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 target price for the company.

Institutional Investors Weigh In On Dynatrace

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its stake in Dynatrace by 561.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 494 shares during the period. V Square Quantitative Management LLC bought a new position in Dynatrace in the 4th quarter worth approximately $26,000. RHL Group LLC bought a new position in Dynatrace in the 4th quarter worth approximately $30,000. Brown Lisle Cummings Inc. boosted its stake in Dynatrace by 218.8% in the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after purchasing an additional 547 shares during the period. Finally, Larson Financial Group LLC boosted its stake in Dynatrace by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after purchasing an additional 508 shares during the period. 94.28% of the stock is owned by hedge funds and other institutional investors.

Dynatrace Stock Down 0.3%

NYSE DT opened at $43.31 on Friday. Dynatrace has a 52 week low of $31.64 and a 52 week high of $57.55. The firm has a market capitalization of $12.62 billion, a P/E ratio of 80.20, a PEG ratio of 2.82 and a beta of 0.75. The company has a 50-day moving average price of $37.91 and a 200-day moving average price of $39.66.

Dynatrace (NYSE:DT) last released its quarterly 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 net margin of 8.06% and a return on equity of 10.37%. The firm had revenue of $531.72 million during the quarter, compared to analyst estimates of $521.01 million. During the same quarter in the prior year, the firm earned $0.33 EPS. The business’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. As a group, equities research analysts anticipate that Dynatrace will post 1.11 EPS for the current year.

Dynatrace announced that its board has initiated a stock buyback program on Monday, February 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to purchase up to 9.8% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s management 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.