Zacks Research Downgrades Dynatrace (NYSE:DT) to Hold

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

Several other equities research analysts also recently issued reports on the company. The Goldman Sachs Group increased their price target on Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Canaccord Genuity Group lifted their price objective on Dynatrace from $46.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Weiss Ratings upgraded Dynatrace from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 9th. Oppenheimer increased their target price on Dynatrace from $45.00 to $55.00 and gave the stock an “outperform” rating in a research note on Monday, July 20th. Finally, Truist Financial raised their target price on shares of Dynatrace from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Twenty-two research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.77.

Dynatrace Stock Down 0.3%

Shares of DT stock opened at $49.52 on Tuesday. Dynatrace has a 12-month low of $31.64 and a 12-month high of $53.28. The firm has a market capitalization of $14.31 billion, a price-to-earnings ratio of 99.04, a price-to-earnings-growth ratio of 2.97 and a beta of 0.72. The firm has a fifty day moving average of $43.84 and a 200-day moving average of $39.80.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. The business had revenue of $554.55 million for the quarter, compared to the consensus estimate of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The firm’s revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Research analysts expect that Dynatrace will post 1.14 earnings per share for the current year.

Institutional Trading of Dynatrace

Several hedge funds and other institutional investors have recently modified their holdings of DT. Forsta AP Fonden grew its holdings in shares of Dynatrace by 60.4% during the fourth quarter. Forsta AP Fonden now owns 200,400 shares of the company’s stock worth $8,685,000 after buying an additional 75,500 shares in the last quarter. UNIVEST FINANCIAL Corp bought a new stake in Dynatrace in the 4th quarter valued at approximately $1,212,000. LBP AM SA lifted its stake in Dynatrace by 9.8% in the 4th quarter. LBP AM SA now owns 776,955 shares of the company’s stock valued at $33,673,000 after acquiring an additional 69,318 shares in the last quarter. AXQ Capital LP boosted its position in Dynatrace by 651.7% during the 4th quarter. AXQ Capital LP now owns 34,548 shares of the company’s stock worth $1,497,000 after acquiring an additional 29,952 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its position in Dynatrace by 12.0% during the 4th quarter. Hsbc Holdings PLC now owns 243,259 shares of the company’s stock worth $10,568,000 after acquiring an additional 26,129 shares during 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.