BMO Capital Markets Increases Dynatrace (NYSE:DT) Price Target to $50.00

Dynatrace (NYSE:DT) had its price objective lifted by BMO Capital Markets from $43.00 to $50.00 in a report issued on Tuesday, MarketBeat.com reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective indicates a potential upside of 21.45% from the company’s current price.

DT has been the subject of several other research reports. Rothschild & Co Redburn started coverage on Dynatrace in a report on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 price objective for the company. Guggenheim lowered Dynatrace from a “buy” rating to a “neutral” rating in a report on Wednesday, May 13th. KeyCorp cut their price objective on Dynatrace from $52.00 to $47.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Citigroup cut their price objective on Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Finally, Barclays cut their price objective on Dynatrace from $47.00 to $44.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Twenty-two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $47.69.

Dynatrace Stock Performance

Shares of DT stock opened at $41.17 on Tuesday. Dynatrace has a 1 year low of $31.64 and a 1 year high of $57.55. The stock has a fifty day moving average of $38.51 and a two-hundred day moving average of $39.49. The firm has a market capitalization of $12.00 billion, a PE ratio of 76.24, a price-to-earnings-growth ratio of 2.65 and a beta of 0.75.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $531.72 million during the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The firm’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter in the previous 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 predict that Dynatrace will post 1.11 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Dynatrace

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Cim LLC raised its position in shares of Dynatrace by 1.0% during the third quarter. Cim LLC now owns 22,184 shares of the company’s stock worth $1,075,000 after purchasing an additional 228 shares during the period. Orion Porfolio Solutions LLC raised its position in shares of Dynatrace by 1.4% during the third quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock worth $823,000 after purchasing an additional 231 shares during the period. GAMMA Investing LLC raised its position in shares of Dynatrace by 7.7% during the fourth quarter. GAMMA Investing LLC now owns 3,460 shares of the company’s stock worth $150,000 after purchasing an additional 246 shares during the period. Assetmark Inc. raised its position in shares of Dynatrace by 0.7% during the fourth quarter. Assetmark Inc. now owns 36,629 shares of the company’s stock worth $1,588,000 after purchasing an additional 248 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Dynatrace by 21.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after purchasing an additional 272 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

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.