What is Scotiabank’s Forecast for Dynatrace FY2027 Earnings?

Dynatrace, Inc. (NYSE:DTFree Report) – Equities research analysts at Scotiabank reduced their FY2027 earnings per share estimates for shares of Dynatrace in a report issued on Wednesday, August 19th. Scotiabank analyst P. Colville now expects that the company will earn $1.01 per share for the year, down from their previous estimate of $1.08. Scotiabank currently has a “Outperform” rating and a $61.00 target price on the stock. The consensus estimate for Dynatrace’s current full-year earnings is $1.12 per share.

Dynatrace (NYSE:DTGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.03. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The company had revenue of $554.55 million during the quarter, compared to analyst estimates of $550.01 million. During the same quarter last year, the firm posted $0.42 EPS. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS.

Several other analysts have also issued reports on DT. Rosenblatt Securities reissued a “buy” rating and issued a $52.00 price target on shares of Dynatrace in a research report on Tuesday, August 4th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Dynatrace in a report on Wednesday, August 5th. TD Cowen raised their price objective on shares of Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Wedbush set a $48.00 price objective on shares of Dynatrace in a research note on Friday, May 15th. Finally, Cantor Fitzgerald boosted their target price on shares of Dynatrace from $37.00 to $47.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Twenty-three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $54.81.

Get Our Latest Stock Analysis on Dynatrace

Dynatrace Stock Up 2.1%

Shares of NYSE:DT opened at $50.07 on Monday. The firm has a market capitalization of $14.47 billion, a PE ratio of 100.14, a P/E/G ratio of 2.97 and a beta of 0.72. Dynatrace has a twelve month low of $31.64 and a twelve month high of $53.28. The company has a 50-day moving average price of $45.26 and a two-hundred day moving average price of $40.48.

Institutional Investors Weigh In On Dynatrace

Several hedge funds and other institutional investors have recently modified their holdings of DT. California State Teachers Retirement System boosted its position in shares of Dynatrace by 3,827.2% in the second quarter. California State Teachers Retirement System now owns 13,951,788 shares of the company’s stock valued at $612,623,000 after acquiring an additional 13,596,525 shares during the period. Bank of America Corp DE increased its holdings in Dynatrace by 304.7% during the 1st quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after acquiring an additional 7,045,591 shares during the period. Wellington Management Group LLP increased its holdings in Dynatrace by 719.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock worth $355,629,000 after acquiring an additional 6,444,262 shares during the period. First Trust Advisors LP lifted its stake in Dynatrace by 706.8% in the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock worth $251,520,000 after purchasing an additional 5,958,505 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Dynatrace in the 1st quarter worth approximately $190,890,000. 94.28% of the stock is currently owned by institutional investors.

Dynatrace Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Dynatrace (NYSE:DT)

Receive News & Ratings for Dynatrace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatrace and related companies with MarketBeat.com's FREE daily email newsletter.