BMO Capital Markets Increases Dynatrace (NYSE:DT) Price Target to $50.00

Dynatrace (NYSE:DTGet Free Report) had its price target upped by investment analysts at BMO Capital Markets from $43.00 to $50.00 in a research report issued on Tuesday, Marketbeat.com reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price target points to a potential upside of 21.45% from the stock’s previous close.

DT has been the topic of several other reports. Canaccord Genuity Group dropped their price target on Dynatrace from $50.00 to $46.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Barclays dropped their price target on Dynatrace from $47.00 to $44.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. UBS Group raised Dynatrace from a “neutral” rating to a “buy” rating and set a $60.00 price target on the stock in a research report on Monday. The Goldman Sachs Group began coverage on Dynatrace in a research report on Tuesday, April 21st. They set a “buy” rating and a $45.00 price target on the stock. Finally, Scotiabank dropped their price target on Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating on the stock in a research report on Thursday, May 14th. Twenty-two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Dynatrace currently has an average rating of “Moderate Buy” and an average target price of $47.69.

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Dynatrace Trading Up 1.0%

NYSE:DT opened at $41.17 on Tuesday. The firm has a market capitalization of $12.00 billion, a price-to-earnings ratio of 76.24, a PEG ratio of 2.65 and a beta of 0.75. Dynatrace has a 1-year low of $31.64 and a 1-year high of $57.55. The business’s fifty day moving average price is $38.51 and its 200 day moving average price is $39.49.

Dynatrace (NYSE:DTGet Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.Dynatrace’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 earnings per share. 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 analysts forecast that Dynatrace will post 1.11 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new position in Dynatrace in the fourth quarter valued at about $26,000. Brown Lisle Cummings Inc. grew its stake 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 purchasing an additional 547 shares in the last quarter. RHL Group LLC purchased a new position in Dynatrace in the fourth quarter valued at about $30,000. Larson Financial Group LLC grew its stake in Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after purchasing an additional 508 shares in the last quarter. Finally, True Wealth Design LLC grew its stake in Dynatrace by 99.6% in the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after purchasing an additional 447 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Dynatrace Company Profile

(Get Free Report)

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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