Brokerages Set Dynatrace, Inc. (NYSE:DT) Price Target at $55.04

by · The Markets Daily

Dynatrace, Inc. (NYSE:DT – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the thirty analysts that are currently covering the stock, MarketBeat reports. Eight analysts have rated the stock with a hold recommendation and twenty-two have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $55.50.

Several analysts have commented on the stock. BMO Capital Markets increased their price target on shares of Dynatrace from $60.00 to $62.00 and gave the company an “outperform” rating in a research report on Tuesday. Jefferies Financial Group reiterated a “buy” rating on shares of Dynatrace in a research note on Wednesday, August 5th. UBS Group reiterated a “buy” rating on shares of Dynatrace in a research note on Tuesday. Barclays increased their target price on shares of Dynatrace from $48.00 to $60.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Finally, Scotiabank reaffirmed an “outperform” rating and issued a $61.00 price target on shares of Dynatrace in a report on Thursday, August 6th.

Check Out Our Latest Analysis on DT

Dynatrace Trading Up 1.0%

DT opened at $55.76 on Friday. The firm has a market cap of $16.12 billion, a price-to-earnings ratio of 111.53, a PEG ratio of 3.40 and a beta of 0.74. Dynatrace has a 12 month low of $31.64 and a 12 month high of $56.27. The stock has a fifty day moving average price of $48.56 and a 200-day moving average price of $42.51.

Dynatrace (NYSE:DT – Get Free Report) last issued 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. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The company had revenue of $554.55 million for the quarter, compared to the consensus estimate of $550.01 million. During the same quarter last year, the company earned $0.42 earnings per share. The firm’s revenue for the quarter was up 16.3% compared to the same quarter last year. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, equities research analysts forecast that Dynatrace will post 1.11 EPS for the current year.

Institutional Trading of Dynatrace

Institutional investors have recently made changes to their positions in the business. RHL Group LLC acquired a new position in Dynatrace during the 4th quarter valued at about $30,000. CX Institutional boosted its holdings in Dynatrace by 1,119.0% in the second quarter. CX Institutional now owns 707 shares of the company’s stock worth $31,000 after acquiring an additional 649 shares in the last quarter. Brown Lisle Cummings Inc. boosted its holdings in Dynatrace by 218.8% in the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after acquiring an additional 547 shares in the last quarter. Larson Financial Group LLC grew its stake in shares of Dynatrace by 168.8% during the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after acquiring an additional 508 shares during the last quarter. Finally, SJS Investment Consulting Inc. grew its stake in shares of Dynatrace by 577.2% during the first quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company’s stock worth $55,000 after acquiring an additional 1,264 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Company Profile

(Get Free Report)

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating cloud, hybrid, and multicloud environments. Its platform is designed to help businesses monitor the performance, availability, and security of applications, infrastructure, networks, and user experiences from a unified environment.

The company’s offerings include application performance monitoring, infrastructure and cloud monitoring, log and analytics capabilities, digital experience monitoring, application security, and software delivery insights.

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