Dynatrace, Inc. (NYSE:DT) Given Average Recommendation of “Moderate Buy” by Analysts

Dynatrace, Inc. (NYSE:DT) has earned a consensus rating of “Moderate Buy” from the twenty-eight analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-one have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $46.50.

DT has been the topic of several research reports. UBS Group decreased their price target on shares of Dynatrace from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Scotiabank decreased their price target on shares of Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating on the stock in a research note on Thursday, May 14th. Morgan Stanley decreased their price target on shares of Dynatrace from $43.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 14th. Keefe, Bruyette & Woods raised shares of Dynatrace to a “buy” rating in a research note on Monday, February 9th. Finally, Weiss Ratings downgraded shares of Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 18th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC increased its stake in shares of Dynatrace by 10.0% in the first quarter. Parallel Advisors LLC now owns 25,987 shares of the company’s stock worth $961,000 after buying an additional 2,373 shares during the period. NewEdge Advisors LLC boosted its stake in Dynatrace by 43.1% in the 1st quarter. NewEdge Advisors LLC now owns 14,381 shares of the company’s stock worth $532,000 after purchasing an additional 4,334 shares in the last quarter. GKV Capital Management Co. Inc. bought a new position in Dynatrace during the 1st quarter valued at about $74,000. Bank of America Corp DE lifted its stake in Dynatrace by 304.7% during 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. Finally, Edgestream Partners L.P. bought a new position in Dynatrace during the 1st quarter valued at about $1,848,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Dynatrace Price Performance

Shares of Dynatrace stock opened at $43.31 on Friday. Dynatrace has a 1 year low of $31.64 and a 1 year high of $57.55. The firm has a market cap of $12.62 billion, a PE ratio of 80.20, a PEG ratio of 2.82 and a beta of 0.75. The company has a 50 day simple moving average of $37.91 and a two-hundred day simple moving average of $39.66.

Dynatrace (NYSE:DT) last announced its 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 business had revenue of $531.72 million during the quarter, compared to analyst estimates of $521.01 million. During the same period in the previous year, the business posted $0.33 earnings per share. Dynatrace’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. As a group, research analysts anticipate that Dynatrace will post 1.11 earnings per share for the current year.

Dynatrace declared that its Board of Directors has approved a stock repurchase program on Monday, February 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 9.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

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.