Shares of Dynatrace, Inc. (NYSE:DT – Get Free Report) have earned an average rating of “Moderate Buy” from the thirty ratings firms that are currently covering the stock, MarketBeat.com reports. Eight research analysts have rated the stock with a hold recommendation and twenty-two have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $55.50.
DT has been the subject of a number of analyst reports. Wedbush cut Dynatrace from an “outperform” rating to a “neutral” rating and set a $54.00 price target for the company. in a report on Thursday, September 10th. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research note on Thursday, June 25th. The Goldman Sachs Group increased their price objective on Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. TD Cowen boosted their target price on shares of Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Finally, BTIG Research restated a “buy” rating and issued a $62.00 target price on shares of Dynatrace in a report on Tuesday.
View Our Latest Stock Analysis on DT
Hedge Funds Weigh In On Dynatrace
Dynatrace Price Performance
Shares of NYSE DT opened at $55.20 on Friday. Dynatrace has a 12-month low of $31.64 and a 12-month high of $55.45. The company has a market capitalization of $15.95 billion, a PE ratio of 110.39, a price-to-earnings-growth ratio of 3.28 and a beta of 0.74. The firm’s 50-day moving average is $48.12 and its two-hundred day moving average is $42.24.
Dynatrace (NYSE:DT – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The business had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $550.01 million. During the same period last year, the company posted $0.42 EPS. The company’s revenue was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, analysts forecast that Dynatrace will post 1.11 EPS for the current fiscal year.
About Dynatrace
Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating cloud, hybrid, and multicloud environments. Its platform is designed to help businesses monitor the performance, availability, and security of applications, infrastructure, networks, and user experiences from a unified environment.
The company’s offerings include application performance monitoring, infrastructure and cloud monitoring, log and analytics capabilities, digital experience monitoring, application security, and software delivery insights.
Further Reading
- Five stocks we like better than Dynatrace
- Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
- 3 Healthcare Stocks for 3 Stages of Life
- Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid
- MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky
Receive News & Ratings for Dynatrace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatrace and related companies with MarketBeat.com's FREE daily email newsletter.
