Dynatrace, Inc. (NYSE:DT) Stock Has Average Target Price of $56.89

Dynatrace, Inc. (NYSE:DT) has been assigned a consensus rating of “Moderate Buy” from the thirty-one ratings firms that are presently covering the stock, Marketbeat reports. Seven research analysts have rated the stock with a hold recommendation and twenty-four have given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $59.14.

Several equities research analysts recently commented on DT shares. Truist Financial upped their price target on shares of Dynatrace from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Rosenblatt Securities reiterated a “buy” rating and set a $52.00 price objective on shares of Dynatrace in a research report on Tuesday, August 4th. Royal Bank Of Canada lifted their price objective on shares of Dynatrace from $59.00 to $73.00 and gave the stock an “outperform” rating in a research report on Monday. Barclays boosted their target price on shares of Dynatrace from $60.00 to $71.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Morgan Stanley raised shares of Dynatrace from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $58.00 to $65.00 in a research note on Tuesday, August 25th.

Dynatrace Trading Down 1.3%

NYSE DT opened at $63.61 on Thursday. Dynatrace has a 1 year low of $31.64 and a 1 year high of $66.30. The company has a market cap of $18.38 billion, a PE ratio of 127.22, a PEG ratio of 3.96 and a beta of 0.77. The stock’s 50-day moving average price is $54.46 and its two-hundred day moving average price is $45.40.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The business’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same period last year, the company posted $0.42 earnings per share. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Research analysts forecast that Dynatrace will post 1.11 EPS for the current fiscal year.

Insider Activity at Dynatrace

In other news, EVP Bernd Greifeneder sold 50,000 shares of Dynatrace stock in a transaction on Friday, September 18th. The stock was sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the transaction, the executive vice president owned 904,846 shares in the company, valued at approximately $51,766,239.66. The trade was a 5.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.69% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Dynatrace

Several hedge funds have recently bought and sold shares of the business. Bank of America Corp DE increased its position in Dynatrace by 304.7% during the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after buying an additional 7,045,591 shares during the last quarter. First Trust Advisors LP raised its holdings in Dynatrace by 706.8% during the first quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock valued at $251,520,000 after buying an additional 5,958,505 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Dynatrace in the first quarter worth about $190,890,000. Amundi lifted its position in shares of 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, Bank of New York Mellon Corp acquired a new stake in shares of Dynatrace in the second quarter worth about $114,885,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Dynatrace Company Profile

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating complex cloud, hybrid, and enterprise technology environments. Its platform is designed to help businesses monitor applications, infrastructure, user experiences, logs, and digital services from a unified interface.

The company’s products support application and infrastructure performance monitoring, digital experience monitoring, log management, cloud automation, application security, and artificial intelligence-assisted operations.