Dynatrace (NYSE:DT) Shares Gap Up After Analyst Upgrade

Dynatrace, Inc. (NYSE:DT – Get Free Report)’s stock price gapped up prior to trading on Tuesday after BMO Capital Markets raised their price target on the stock from $43.00 to $50.00. The stock had previously closed at $41.19, but opened at $42.67. BMO Capital Markets currently has an outperform rating on the stock. Dynatrace shares last traded at $41.5440, with a volume of 951,696 shares.

Several other research analysts have also recently issued reports on the company. Jefferies Financial Group cut their price objective on Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Rothschild & Co Redburn started coverage on Dynatrace in a research report on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 price target for the company. JPMorgan Chase & Co. dropped their price target on Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. UBS Group upgraded Dynatrace from a “neutral” rating to a “buy” rating and raised their price target for the company from $36.00 to $60.00 in a research report on Monday. Finally, DA Davidson dropped their price target on Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Twenty-two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $47.69.

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Institutional Trading of Dynatrace

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cim LLC grew its holdings in Dynatrace by 1.0% in the 3rd quarter. Cim LLC now owns 22,184 shares of the company’s stock valued at $1,075,000 after buying an additional 228 shares during the period. Orion Porfolio Solutions LLC grew its holdings in Dynatrace by 1.4% in the 3rd 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 grew its holdings in Dynatrace by 7.7% in the 4th 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. grew its holdings in Dynatrace by 0.7% in the 4th quarter. Assetmark Inc. now owns 36,629 shares of the company’s stock valued at $1,588,000 after buying an additional 248 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC grew its holdings in Dynatrace by 0.4% in the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 67,205 shares of the company’s stock valued at $3,256,000 after buying an additional 264 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Dynatrace Stock Performance

The company has a market cap of $12.11 billion, a PE ratio of 76.98, a PEG ratio of 2.65 and a beta of 0.75. The firm has a fifty day simple moving average of $38.51 and a 200 day simple moving average of $39.49.

Dynatrace (NYSE:DT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, equities analysts predict that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

About Dynatrace

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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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