Dynatrace (NYSE:DT) Given Hold Rating at Needham & Company LLC

Dynatrace (NYSE:DT)‘s stock had its “hold” rating restated by equities researchers at Needham & Company LLC in a note issued to investors on Thursday,Benzinga reports.

Several other equities analysts also recently commented on DT. Citigroup decreased their price target on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Scotiabank lowered their price objective on shares of Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating for the company in a research report on Thursday, May 14th. Rothschild & Co Redburn assumed coverage on shares of Dynatrace in a report on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 target price for the company. Canaccord Genuity Group lowered their target price on Dynatrace from $50.00 to $46.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Finally, Wedbush set a $48.00 price target on Dynatrace in a report on Friday, May 15th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Dynatrace presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.88.

Dynatrace Stock Up 0.4%

Shares of NYSE:DT opened at $40.57 on Thursday. Dynatrace has a 12-month low of $31.64 and a 12-month high of $57.55. The stock has a market cap of $11.82 billion, a PE ratio of 75.13, a P/E/G ratio of 2.59 and a beta of 0.75. The business has a 50 day moving average of $39.27 and a 200-day moving average of $39.32.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The business had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period last year, the firm posted $0.33 EPS. 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 1.12 earnings per share for the current year.

Institutional Investors Weigh In On Dynatrace

Institutional investors have recently made changes to their positions in the stock. Forsta AP Fonden boosted its position in Dynatrace by 60.4% during the fourth quarter. Forsta AP Fonden now owns 200,400 shares of the company’s stock valued at $8,685,000 after acquiring an additional 75,500 shares during the last quarter. UNIVEST FINANCIAL Corp bought a new position in shares of Dynatrace in the 4th quarter worth about $1,212,000. LBP AM SA lifted its stake in shares of 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 purchasing an additional 69,318 shares during the period. Temasek Holdings Private Ltd lifted its stake in shares of Dynatrace by 125.1% in the 3rd quarter. Temasek Holdings Private Ltd now owns 1,989,098 shares of the company’s stock valued at $96,372,000 after purchasing an additional 1,105,508 shares during the period. Finally, AXQ Capital LP boosted its position in shares of 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. Institutional investors 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.