Dynatrace (NYSE:DT) Price Target Raised to $55.00

Dynatrace (NYSE:DT) had its price target upped by Oppenheimer from $45.00 to $55.00 in a research note published on Monday, MarketBeat.com reports. They currently have an outperform rating on the stock.

DT has been the subject of several other research reports. Weiss Ratings raised Dynatrace from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 9th. BMO Capital Markets raised their target price on Dynatrace from $43.00 to $50.00 and gave the company an “outperform” rating in a report on Tuesday, June 16th. BTIG Research reduced their price target on Dynatrace from $53.00 to $47.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Truist Financial boosted their price target on Dynatrace from $45.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $49.42.

Dynatrace Trading Down 3.5%

Shares of DT stock opened at $41.35 on Monday. The company’s fifty day simple moving average is $42.27 and its 200-day simple moving average is $39.29. Dynatrace has a 52 week low of $31.64 and a 52 week high of $55.49. The company has a market cap of $12.00 billion, a PE ratio of 76.58, a P/E/G ratio of 2.76 and a beta of 0.73.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The firm had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. During the same period in the prior year, the company earned $0.33 EPS. The firm’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. Equities research analysts expect that Dynatrace will post 1.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Cim LLC lifted its position in shares of Dynatrace by 1.0% during the third quarter. Cim LLC now owns 22,184 shares of the company’s stock worth $1,075,000 after purchasing an additional 228 shares during the last quarter. Orion Porfolio Solutions LLC increased its holdings in Dynatrace by 1.4% in the third 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 last quarter. GAMMA Investing LLC increased its holdings in Dynatrace by 7.7% in the fourth 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 last quarter. Assetmark Inc. raised its stake in Dynatrace by 0.7% during the fourth quarter. Assetmark Inc. now owns 36,629 shares of the company’s stock valued at $1,588,000 after buying an additional 248 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Dynatrace by 21.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after buying an additional 272 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

About Dynatrace

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.