Zacks Research Upgrades Dynatrace (NYSE:DT) to “Strong-Buy”

Dynatrace (NYSE:DT) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other research firms have also recently commented on DT. Barclays cut their price target on shares of Dynatrace from $47.00 to $44.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. The Goldman Sachs Group lifted their price objective on shares of Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Wolfe Research reissued an “outperform” rating and issued a $42.00 price objective on shares of Dynatrace in a research report on Thursday, May 14th. William Blair began coverage on shares of Dynatrace in a research note on Thursday, May 21st. They issued an “outperform” rating on the stock. Finally, Rosenblatt Securities reduced their target price on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $48.27.

Dynatrace Stock Performance

Shares of DT stock opened at $45.03 on Monday. The stock has a 50 day moving average price of $41.67 and a 200 day moving average price of $39.28. Dynatrace has a 52-week low of $31.64 and a 52-week high of $55.49. The firm has a market capitalization of $13.07 billion, a P/E ratio of 83.39, a P/E/G ratio of 2.86 and a beta of 0.73.

Dynatrace (NYSE:DT) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $521.01 million. During the same quarter in the prior year, the company posted $0.33 EPS. Dynatrace’s quarterly 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. As a group, sell-side analysts forecast that Dynatrace will post 1.12 EPS for the current year.

Hedge Funds Weigh In On Dynatrace

Several institutional investors have recently made changes to their positions in the company. Forsta AP Fonden raised its position in shares of Dynatrace by 60.4% in the 4th quarter. Forsta AP Fonden now owns 200,400 shares of the company’s stock valued at $8,685,000 after purchasing an additional 75,500 shares during the last quarter. UNIVEST FINANCIAL Corp purchased a new stake in Dynatrace during the 4th quarter worth approximately $1,212,000. LBP AM SA grew its position in Dynatrace by 9.8% during the 4th quarter. LBP AM SA now owns 776,955 shares of the company’s stock worth $33,673,000 after purchasing an additional 69,318 shares during the last quarter. AXQ Capital LP increased its stake in Dynatrace by 651.7% during the 4th quarter. AXQ Capital LP now owns 34,548 shares of the company’s stock valued at $1,497,000 after purchasing an additional 29,952 shares in the last quarter. Finally, Oak Thistle LLC acquired a new position in Dynatrace during the 4th quarter valued at approximately $1,938,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

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.