Dynatrace (NYSE:DT) Price Target Raised to $53.00

Dynatrace (NYSE:DT) had its price objective increased by KeyCorp from $47.00 to $53.00 in a research note issued to investors on Thursday, Marketbeat Ratings reports. The firm currently has an overweight rating on the stock.

A number of other analysts have also recently weighed in on the stock. Citigroup lowered their target price on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. BTIG Research dropped their price target on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Rosenblatt Securities cut their price target on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Royal Bank Of Canada decreased their price objective on Dynatrace from $50.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Finally, BMO Capital Markets upped their price objective on Dynatrace from $43.00 to $50.00 and gave the company an “outperform” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $49.27.

Dynatrace Price Performance

Shares of DT stock opened at $44.47 on Thursday. Dynatrace has a one year low of $31.64 and a one year high of $55.49. The stock has a fifty day moving average price of $41.98 and a 200 day moving average price of $39.33. The stock has a market cap of $12.91 billion, a P/E ratio of 82.34, a price-to-earnings-growth ratio of 2.85 and a beta of 0.73.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The firm had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. During the same quarter in the previous year, the firm posted $0.33 EPS. The business’s revenue for the quarter was up 19.4% on a year-over-year basis. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Equities research analysts anticipate that Dynatrace will post 1.12 EPS for the current year.

Institutional Investors Weigh In On Dynatrace

Several large investors have recently made changes to their positions in DT. Cim LLC grew its position in shares of Dynatrace by 1.0% during the 3rd quarter. Cim LLC now owns 22,184 shares of the company’s stock worth $1,075,000 after buying an additional 228 shares during the period. Orion Porfolio Solutions LLC lifted its holdings in Dynatrace by 1.4% in the third quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock valued at $823,000 after buying an additional 231 shares during the period. GAMMA Investing LLC lifted its holdings in Dynatrace by 7.7% in the fourth quarter. GAMMA Investing LLC now owns 3,460 shares of the company’s stock valued at $150,000 after buying an additional 246 shares during the period. Assetmark Inc. boosted its stake in Dynatrace by 0.7% in the fourth quarter. Assetmark Inc. now owns 36,629 shares of the company’s stock valued at $1,588,000 after acquiring an additional 248 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Dynatrace by 21.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after acquiring an additional 272 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

About Dynatrace

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.