Dynatrace, Inc. (NYSE:DT – Get Free Report) has earned a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $61.08.
A number of equities research analysts have recently weighed in on DT shares. Capital One Financial initiated coverage on Dynatrace in a report on Wednesday, February 21st. They set an “overweight” rating and a $64.00 price target on the stock. TD Cowen dropped their target price on Dynatrace from $62.00 to $58.00 and set a “buy” rating on the stock in a report on Friday, April 19th. Wolfe Research initiated coverage on Dynatrace in a report on Monday, March 18th. They set an “outperform” rating and a $60.00 target price on the stock. Truist Financial boosted their target price on Dynatrace from $60.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, January 16th. Finally, JMP Securities boosted their target price on Dynatrace from $56.00 to $68.00 and gave the stock a “market outperform” rating in a report on Friday, February 2nd.
Check Out Our Latest Stock Analysis on DT
Insider Transactions at Dynatrace
Institutional Investors Weigh In On Dynatrace
Large investors have recently bought and sold shares of the business. Contravisory Investment Management Inc. bought a new stake in Dynatrace in the fourth quarter worth $25,000. DSM Capital Partners LLC bought a new stake in Dynatrace during the fourth quarter valued at about $28,000. NewSquare Capital LLC bought a new stake in Dynatrace during the fourth quarter valued at about $32,000. Rise Advisors LLC bought a new stake in Dynatrace during the first quarter valued at about $30,000. Finally, Planned Solutions Inc. bought a new stake in Dynatrace during the fourth quarter valued at about $38,000. 94.28% of the stock is currently owned by institutional investors.
Dynatrace Trading Up 1.5 %
Shares of DT opened at $46.23 on Friday. Dynatrace has a twelve month low of $40.43 and a twelve month high of $61.41. The firm has a market capitalization of $13.61 billion, a P/E ratio of 70.05, a price-to-earnings-growth ratio of 3.89 and a beta of 1.07. The stock’s fifty day simple moving average is $47.30 and its 200 day simple moving average is $50.87.
Dynatrace (NYSE:DT – Get Free Report) last announced its quarterly earnings results on Thursday, February 8th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.03. Dynatrace had a return on equity of 11.92% and a net margin of 14.44%. The firm had revenue of $365.10 million during the quarter, compared to the consensus estimate of $357.64 million. Sell-side analysts predict that Dynatrace will post 0.62 earnings per share for the current year.
About Dynatrace
Dynatrace, Inc provides a security platform for multicloud environments. It operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.
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