Dynatrace (NYSE:DT – Get Free Report) had its price target raised by equities researchers at Jefferies Financial Group from $45.00 to $55.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price objective points to a potential upside of 33.00% from the stock’s previous close.
Other research analysts also recently issued research reports about the company. Needham & Company LLC reissued a “hold” rating on shares of Dynatrace in a research note on Thursday, June 25th. The Goldman Sachs Group lifted their price target on shares of Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Rosenblatt Securities lowered their price objective on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Truist Financial raised their target price on shares of Dynatrace from $45.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings raised shares of Dynatrace from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $49.42.
Check Out Our Latest Stock Analysis on DT
Dynatrace Stock Performance
Dynatrace (NYSE:DT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The company had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. During the same quarter in the previous year, the firm earned $0.33 EPS. Dynatrace’s revenue 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. On average, equities analysts predict that Dynatrace will post 1.11 EPS for the current fiscal year.
Institutional Trading of Dynatrace
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. V Square Quantitative Management LLC bought a new stake in shares of Dynatrace in the 4th quarter valued at about $26,000. Brown Lisle Cummings Inc. boosted its holdings in Dynatrace by 218.8% in the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after acquiring an additional 547 shares during the last quarter. RHL Group LLC acquired a new stake in Dynatrace during the 4th quarter valued at approximately $30,000. CX Institutional raised its holdings in Dynatrace by 1,119.0% during the 2nd quarter. CX Institutional now owns 707 shares of the company’s stock worth $31,000 after purchasing an additional 649 shares during the last quarter. Finally, Larson Financial Group LLC raised its holdings in Dynatrace by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after purchasing an additional 508 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.
Dynatrace Company Profile
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.
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