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

Key Points

• Analysts maintain a “Moderate Buy” consensus on Dynatrace, with 23 buy ratings and seven holds among 30 analysts. The average 12-month price target is $56.89.
• Dynatrace exceeded quarterly expectations, reporting $0.48 EPS versus the $0.45 estimate and $554.55 million in revenue, up 16.3% year over year.
• The stock opened at $59.90, near its 52-week high of $61.58, while institutional investors own a substantial 94.28% of outstanding shares.

Shares of Dynatrace, Inc. (NYSE:DT - Get Free Report) have been given an average rating of "Moderate Buy" by the thirty analysts that are covering the company, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $56.89.

DT has been the subject of a number of recent research reports. Zacks Research lowered Dynatrace from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 11th. UBS Group upped their price target on Dynatrace from $65.00 to $74.00 and gave the stock a "buy" rating in a report on Thursday, October 1st. Jefferies Financial Group reaffirmed a "buy" rating on shares of Dynatrace in a research report on Wednesday, August 5th. Weiss Ratings raised shares of Dynatrace from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, September 16th. Finally, Oppenheimer raised their price target on shares of Dynatrace from $60.00 to $71.00 and gave the company an "outperform" rating in a report on Thursday, September 24th.

Dynatrace Stock Down 1.9%

Dynatrace stock opened at $59.90 on Thursday. The firm has a fifty day moving average of $52.69 and a 200-day moving average of $44.47. Dynatrace has a 52-week low of $31.64 and a 52-week high of $61.58. The firm has a market capitalization of $17.31 billion, a P/E ratio of 119.79, a PEG ratio of 3.78 and a beta of 0.77.

Dynatrace (NYSE:DT - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. The firm had revenue of $554.55 million during the quarter, compared to the consensus estimate of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The firm's quarterly revenue was up 16.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.42 EPS. 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, research analysts expect that Dynatrace will post 1.1 EPS for the current fiscal year.

Insider Activity

In related news, EVP Bernd Greifeneder sold 50,000 shares of the business's stock in a transaction dated Friday, September 18th. The stock was sold at an average price of $57.21, for a total value 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.69% of the company's stock.

Institutional Investors Weigh In On Dynatrace

Several hedge funds and other institutional investors have recently bought and sold shares of DT. Elevation Wealth Partners LLC boosted its stake in shares of Dynatrace by 37.8% during the 3rd quarter. Elevation Wealth Partners LLC now owns 929 shares of the company's stock valued at $54,000 after buying an additional 255 shares during the last quarter. Cooper Financial Group boosted its stake in Dynatrace by 1.4% during the 3rd quarter. Cooper Financial Group now owns 13,354 shares of the company's stock valued at $771,000 after acquiring an additional 179 shares during the last quarter. Eleva Capital SAS acquired a new position in Dynatrace during the 3rd quarter worth $1,685,000. Argent Capital Management LLC bought a new stake in shares of Dynatrace in the 3rd quarter worth about $21,868,000. Finally, Polaris Financial Partners bought a new stake in shares of Dynatrace in the 3rd quarter worth about $229,000. 94.28% of the stock is currently 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.

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