Dynatrace (NYSE:DT) Reaches New 52-Week Low – What’s Next?

Dynatrace, Inc. (NYSE:DT) hit a new 52-week low on Friday . The company traded as low as $31.96 and last traded at $31.9470, with a volume of 878547 shares. The stock had previously closed at $33.82.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. DA Davidson lowered their target price on shares of Dynatrace from $65.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. BTIG Research reaffirmed a “buy” rating and issued a $53.00 price target on shares of Dynatrace in a research note on Thursday, February 19th. KeyCorp lifted their price target on shares of Dynatrace from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Stifel Nicolaus set a $51.00 price target on shares of Dynatrace in a research note on Monday, February 9th. Finally, Canaccord Genuity Group set a $50.00 price target on shares of Dynatrace in a research note on Tuesday, February 10th. Nineteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Dynatrace currently has an average rating of “Moderate Buy” and an average price target of $53.48.

Dynatrace Price Performance

The stock has a market capitalization of $9.65 billion, a price-to-earnings ratio of 53.06, a PEG ratio of 2.14 and a beta of 0.79. The business’s fifty day moving average price is $36.81 and its 200-day moving average price is $42.36.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The firm had revenue of $515.47 million during the quarter, compared to analysts’ expectations of $506.31 million. During the same period last year, the company earned $0.37 earnings per share. The business’s revenue was up 18.2% on a year-over-year basis. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. Equities research analysts predict that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.

Dynatrace declared that its board has authorized a stock repurchase program on Monday, February 9th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to purchase up to 9.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In related news, EVP Stephen A. Mcmahon bought 3,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average cost of $35.75 per share, for a total transaction of $107,250.00. Following the completion of the purchase, the executive vice president directly owned 3,454 shares in the company, valued at $123,480.50. The trade was a 660.79% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 0.57% of the stock is currently owned by insiders.

Institutional Trading of Dynatrace

A number of institutional investors have recently modified their holdings of DT. Congress Asset Management Co. boosted its stake in shares of Dynatrace by 6.8% in the 3rd quarter. Congress Asset Management Co. now owns 3,331,422 shares of the company’s stock valued at $161,407,000 after purchasing an additional 212,607 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Dynatrace by 5.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,077,181 shares of the company’s stock worth $52,039,000 after purchasing an additional 55,040 shares in the last quarter. Penserra Capital Management LLC lifted its position in Dynatrace by 22.0% during the 3rd quarter. Penserra Capital Management LLC now owns 222,505 shares of the company’s stock valued at $10,780,000 after acquiring an additional 40,136 shares during the period. Vontobel Holding Ltd. increased its stake in Dynatrace by 790.5% during the 3rd quarter. Vontobel Holding Ltd. now owns 48,702 shares of the company’s stock valued at $2,360,000 after purchasing an additional 43,233 shares in the last quarter. Finally, Stephens Investment Management Group LLC increased its stake in Dynatrace by 63.1% during the 3rd quarter. Stephens Investment Management Group LLC now owns 1,040,475 shares of the company’s stock valued at $50,411,000 after purchasing an additional 402,585 shares in the last quarter. 94.28% of the stock is currently 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.