NYSE:DTDynatrace Stock Price, Forecast & News

Dynatrace's stock was trading at $24.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DT shares have increased by 69.6% and is now trading at $41.08. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dynatrace in the last year. There are currently 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Dynatrace.

Dynatrace is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020. View our earnings forecast for Dynatrace.

Dynatrace (NYSE:DT) posted its earnings results on Tuesday, May, 12th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.03. The firm earned $150.60 million during the quarter, compared to analyst estimates of $146.31 million. Dynatrace had a negative net margin of 76.59% and a negative return on equity of 23.20%. The company's revenue for the quarter was up 29.6% on a year-over-year basis. View Dynatrace's earnings history.

Dynatrace issued an update on its FY21 earnings guidance on Tuesday, May, 12th. The company provided earnings per share guidance of $0.39-0.42 for the period, compared to the Thomson Reuters consensus estimate of $0.33. The company issued revenue guidance of $630-643 million, compared to the consensus revenue estimate of $650.11 million.

18 analysts have issued 1 year price targets for Dynatrace's shares. Their forecasts range from $6.50 to $51.00. On average, they expect Dynatrace's stock price to reach $34.86 in the next twelve months. This suggests that the stock has a possible downside of 15.1%. View analysts' price targets for Dynatrace.

News articles about DT stock have trended negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Dynatrace earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Dynatrace.

Dynatrace saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 7,080,000 shares, an increase of 28.3% from the June 15th total of 5,520,000 shares. Based on an average daily volume of 2,700,000 shares, the short-interest ratio is currently 2.6 days. Currently, 5.0% of the shares of the company are short sold. View Dynatrace's Current Options Chain.

Some companies that are related to Dynatrace include Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Docusign (DOCU), Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), Datadog (DDOG), ANSYS (ANSS), Okta (OKTA), Atlassian (TEAM), Crowdstrike (CRWD), Coupa Software (COUP) and Paycom Software (PAYC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dynatrace investors own include NVIDIA (NVDA), Alibaba Group (BABA), salesforce.com (CRM), QUALCOMM (QCOM), Docusign (DOCU), Walt Disney (DIS), Micron Technology (MU), ServiceNow (NOW), Square (SQ) and Trade Desk (TTD).

(DT) raised $427 million in an initial public offering (IPO) on Thursday, August 1st 2019. The company issued 35,600,000 shares at $11.00-$13.00 per share. Goldman Sachs, J.P. Morgan and Citigroup acted as the underwriters for the IPO and Barclays, Jefferies, RBC Capital Markets, UBS Investment Bank, KeyBanc Capital Markets, William Blair, Canaccord Genuity, JMP Securities and Macquarie Capital were co-managers.

Dynatrace trades on the New York Stock Exchange (NYSE) under the ticker symbol "DT."

Shares of DT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of DT stock can currently be purchased for approximately $41.08.

Dynatrace has a market capitalization of $11.54 billion and generates $545.80 million in revenue each year. The company earns $-418,020,000.00 in net income (profit) each year or ($0.53) on an earnings per share basis. Dynatrace employs 2,243 workers across the globe.

The official website for Dynatrace is www.dynatrace.com.

Dynatrace's mailing address is 1601 TRAPELO ROAD SUITE 116, WALTHAM MA, 02451. The company can be reached via phone at 781-530-1000 or via email at [email protected]