Dynatrace (NYSE:DT) Earns “Hold” Rating from Needham & Company LLC

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

Other research analysts have also issued research reports about 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. Scotiabank lowered their target price on Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating on the stock in a research report on Thursday, May 14th. Morgan Stanley cut their target price on Dynatrace from $43.00 to $40.00 and set an “equal weight” rating on the stock in a report on Thursday, May 14th. Wolfe Research reissued an “outperform” rating and issued a $42.00 price target on shares of Dynatrace in a research report on Thursday, May 14th. Finally, Weiss Ratings lowered shares of Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. Twenty-two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $47.88.

Dynatrace Trading Up 0.4%

DT opened at $40.57 on Thursday. Dynatrace has a 1-year low of $31.64 and a 1-year high of $57.55. The company has a market cap of $11.82 billion, a P/E ratio of 75.13, a price-to-earnings-growth ratio of 2.59 and a beta of 0.75. The company has a fifty day moving average price of $39.27 and a two-hundred day moving average price of $39.32.

Dynatrace (NYSE:DT) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior 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, research analysts forecast that Dynatrace will post 1.12 EPS for the current fiscal year.

Institutional Trading of Dynatrace

Institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC grew its holdings in Dynatrace by 25.3% during the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock worth $431,000 after buying an additional 1,846 shares in the last quarter. Jones Financial Companies Lllp raised its position in Dynatrace by 19.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock valued at $102,000 after buying an additional 348 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Dynatrace by 21.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after acquiring an additional 272 shares in the last quarter. Invesco Ltd. lifted its stake in Dynatrace by 38.9% during the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock valued at $43,816,000 after acquiring an additional 222,395 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in Dynatrace during the 2nd quarter worth $410,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

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.