Dynatrace, Inc. (NYSE:DT) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Dynatrace, Inc. (NYSE:DTGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the twenty-seven analysts that are presently covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $46.50.

A number of research firms recently issued reports on DT. Wolfe Research reiterated an “outperform” rating and issued a $42.00 target price on shares of Dynatrace in a research note on Thursday. Keefe, Bruyette & Woods upgraded Dynatrace to a “buy” rating in a research report on Monday, February 9th. Canaccord Genuity Group reduced their target price on shares of Dynatrace from $50.00 to $46.00 and set a “buy” rating on the stock in a research report on Thursday. KeyCorp lowered their price target on shares of Dynatrace from $52.00 to $47.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Jefferies Financial Group dropped their price objective on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday.

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Dynatrace Stock Performance

Shares of DT stock opened at $38.36 on Monday. Dynatrace has a 1 year low of $31.64 and a 1 year high of $57.55. The business’s fifty day moving average is $37.12 and its 200-day moving average is $40.38. The stock has a market cap of $11.44 billion, a PE ratio of 71.04, a price-to-earnings-growth ratio of 2.27 and a beta of 0.70.

Dynatrace (NYSE:DTGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $531.72 million during the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The company’s revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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 research analysts predict that Dynatrace will post 1.07 earnings per share for the current year.

Dynatrace announced that its Board of Directors has approved a stock repurchase program on Monday, February 9th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to buy up to 9.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Insider Transactions at Dynatrace

In other news, EVP Stephen A. Mcmahon purchased 3,000 shares of Dynatrace stock in a transaction dated Tuesday, March 3rd. The shares were bought at an average cost of $35.75 per share, with a total value of $107,250.00. Following the completion of the transaction, the executive vice president directly owned 3,454 shares in the company, valued at $123,480.50. This trade represents a 660.79% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.57% of the company’s stock.

Institutional Trading of Dynatrace

A number of large investors have recently made changes to their positions in DT. V Square Quantitative Management LLC bought a new position in Dynatrace during the fourth quarter worth about $26,000. Cornerstone Planning Group LLC increased its holdings in shares of Dynatrace by 561.4% in the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock worth $28,000 after acquiring an additional 494 shares in the last quarter. Brown Lisle Cummings Inc. raised its position in shares of Dynatrace by 218.8% during the first 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. RHL Group LLC bought a new position in shares of Dynatrace during the 4th quarter valued at about $30,000. Finally, Larson Financial Group LLC lifted its holdings in shares of Dynatrace by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after purchasing an additional 508 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

About Dynatrace

(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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