Dynatrace, Inc. (NYSE:DT) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analyst sentiment is positive: Dynatrace has a “Moderate Buy” consensus from 30 analysts, with 22 buy ratings and eight holds. The average 12-month price target is approximately $55.04, while several firms recently raised their targets to as high as $65.
• Institutional ownership is substantial: Hedge funds and other institutions own 94.28% of Dynatrace shares, with major investors including California State Teachers’ Retirement System, Bank of America, and Wellington Management increasing their positions.
• Recent results exceeded expectations: Dynatrace reported quarterly EPS of $0.48 versus the $0.45 consensus and revenue of $554.55 million, up 16.3% year over year. Shares opened at $51.09, near their 52-week high of $54.83.

Dynatrace, Inc. (NYSE:DT - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the thirty analysts that are currently covering the stock, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and twenty-two have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $55.0385.

A number of analysts have issued reports on the company. BTIG Research raised their price target on Dynatrace from $47.00 to $62.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Truist Financial upped their price objective on shares of Dynatrace from $55.00 to $60.00 and gave the company a "buy" rating in a research note on Friday, August 14th. DA Davidson increased their price objective on shares of Dynatrace from $60.00 to $65.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. KeyCorp raised their target price on shares of Dynatrace from $53.00 to $61.00 and gave the stock an "overweight" rating in a research report on Thursday, August 6th. Finally, Wedbush cut shares of Dynatrace from an "outperform" rating to a "neutral" rating and set a $54.00 target price on the stock. in a research report on Thursday.

Hedge Funds Weigh In On Dynatrace

Several hedge funds and other institutional investors have recently modified their holdings of DT. California State Teachers Retirement System lifted its position in Dynatrace by 3,827.2% during the second quarter. California State Teachers Retirement System now owns 13,951,788 shares of the company's stock valued at $612,623,000 after buying an additional 13,596,525 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Dynatrace by 304.7% in the 1st quarter. Bank of America Corp DE now owns 9,357,612 shares of the company's stock valued at $346,044,000 after acquiring an additional 7,045,591 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Dynatrace by 719.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company's stock valued at $355,629,000 after acquiring an additional 6,444,262 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Dynatrace by 706.8% during the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company's stock valued at $251,520,000 after acquiring an additional 5,958,505 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Dynatrace during the 1st quarter worth $190,890,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Dynatrace Trading Down 0.6%

Shares of NYSE DT opened at $51.09 on Friday. The company's 50-day moving average price is $47.77 and its 200 day moving average price is $41.91. Dynatrace has a 52 week low of $31.64 and a 52 week high of $54.83. The stock has a market cap of $14.77 billion, a price-to-earnings ratio of 102.19, a PEG ratio of 3.12 and a beta of 0.74.

Dynatrace (NYSE:DT - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm's quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, research analysts expect that Dynatrace will post 1.08 earnings per share for the current year.

About Dynatrace

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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