Dynatrace Stock Price, News & Analysis (NYSE:DT)

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dynatrace in the last twelve months. There are currently 4 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DT shares.
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21 Wall Street analysts have issued 1 year price targets for Dynatrace's stock. Their DT share price targets range from $38.00 to $65.00. On average, they expect the company's stock price to reach $55.27 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price.
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Dynatrace's stock was trading at $38.30 at the beginning of 2023. Since then, DT shares have increased by 39.3% and is now trading at $53.36.
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Dynatrace saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 5,410,000 shares, a drop of 11.2% from the October 31st total of 6,090,000 shares. Based on an average daily trading volume, of 2,340,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.0% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024.
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Dynatrace, Inc. (NYSE:DT) released its quarterly earnings results on Thursday, November, 2nd. The company reported $0.16 EPS for the quarter, hitting analysts' consensus estimates of $0.16. The business earned $351.70 million during the quarter, compared to analyst estimates of $344.61 million. Dynatrace had a trailing twelve-month return on equity of 12.03% and a net margin of 13.06%.

ETFs with the largest weight of Dynatrace (NYSE:DT) stock in their portfolio include Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ), ProShares Big Data Refiners ETF (DAT), Invesco Next Gen Connectivity ETF (PXQ), Goldman Sachs Future Tech Leaders Equity ETF (GTEK), Strategas Macro Thematic Opportunities ETF (SAMT), BNY Mellon Innovators ETF (BKIV), First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) and Putnam Sustainable Future ETF (PFUT).

Dynatrace updated its FY24 earnings guidance on Thursday, November, 2nd. The company provided earnings per share guidance of $1.09-1.12 for the period, compared to the consensus EPS estimate of $1.05. The company issued revenue guidance of $1.48-1.49 billion, compared to the consensus revenue estimate of $1.41 billion.

405 employees have rated Dynatrace Chief Executive Officer John Van Siclen on Glassdoor.com. John Van Siclen has an approval rating of 95% among the company's employees. This puts John Van Siclen in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dynatrace investors own include NVIDIA (NVDA), DocuSign (DOCU), Salesforce (CRM), QUALCOMM (QCOM), Block (SQ), Alibaba Group (BABA), PayPal (PYPL), Twilio (TWLO), Advanced Micro Devices (AMD) and CrowdStrike (CRWD).

(DT) raised $427 million in an initial public offering on Thursday, August 1st 2019. The company issued 35,600,000 shares at a price of $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's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (6.19%), Brown Advisory Inc. (4.01%), Ameriprise Financial Inc. (1.37%), William Blair Investment Management LLC (1.30%), Bank of New York Mellon Corp (1.28%) and RGM Capital LLC (1.19%). Insiders that own company stock include Alicia Allen, Bernd Greifeneder, Charles R Schwab, James K Lines, Kevin C Burns, Kevin C Burns, Matthias Dollentz-Scharer, Paul Andrew Zuber, Rick M Mcconnell, Siclen John Van, Stephen J Pace and Thoma Bravo Ugp, Llc.
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Shares of DT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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