Dynatrace (NYSE:DT) Given “Buy” Rating at Rosenblatt Securities

Dynatrace (NYSE:DT)‘s stock had its “buy” rating reaffirmed by analysts at Rosenblatt Securities in a research note issued on Tuesday,Benzinga reports. They currently have a $52.00 target price on the stock. Rosenblatt Securities’ target price suggests a potential upside of 16.65% from the company’s current price.

Several other equities analysts have also commented on the stock. Truist Financial increased their target price on shares of Dynatrace from $45.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, July 9th. The Goldman Sachs Group upped their price target on shares of Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Cantor Fitzgerald raised their price objective on Dynatrace from $37.00 to $47.00 and gave the company a “neutral” rating in a research note on Monday. KeyCorp lifted their price objective on Dynatrace from $47.00 to $53.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Finally, UBS Group raised Dynatrace from a “neutral” rating to a “buy” rating and boosted their target price for the company from $36.00 to $60.00 in a research note on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and a consensus price target of $49.81.

Dynatrace Price Performance

Shares of DT opened at $44.58 on Tuesday. The firm has a market cap of $12.94 billion, a P/E ratio of 82.55, a P/E/G ratio of 2.85 and a beta of 0.72. The stock has a 50 day simple moving average of $42.87 and a two-hundred day simple moving average of $39.33. Dynatrace has a 1 year low of $31.64 and a 1 year high of $53.20.

Dynatrace (NYSE:DT) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $531.72 million for the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period last 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. On average, equities analysts anticipate that Dynatrace will post 1.11 earnings per share for the current year.

Hedge Funds Weigh In On Dynatrace

A number of hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC increased its holdings in Dynatrace by 25.3% during the 1st quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock valued at $431,000 after purchasing an additional 1,846 shares during the period. Jones Financial Companies Lllp lifted its holdings in Dynatrace by 19.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $102,000 after buying an additional 348 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Dynatrace by 21.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after buying an additional 272 shares during the last quarter. Invesco Ltd. grew its position in shares of Dynatrace by 38.9% in the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock worth $43,816,000 after buying an additional 222,395 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of Dynatrace during the second quarter valued at approximately $410,000. 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.