Dynatrace (NYSE:DT) Coverage Initiated at The Goldman Sachs Group

Analysts at The Goldman Sachs Group initiated coverage on shares of Dynatrace (NYSE:DT) in a research report issued on Tuesday, MarketBeat.com reports. The firm set a “buy” rating and a $45.00 price target on the stock. The Goldman Sachs Group’s price target would indicate a potential upside of 24.72% from the company’s current price.

Several other brokerages have also issued reports on DT. Keefe, Bruyette & Woods raised Dynatrace to a “buy” rating in a research note on Monday, February 9th. UBS Group set a $64.00 target price on Dynatrace in a research report on Thursday, March 12th. Weiss Ratings lowered Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, April 14th. Scotiabank decreased their price target on shares of Dynatrace from $60.00 to $47.00 and set a “sector outperform” rating for the company in a research note on Tuesday, February 10th. Finally, TD Cowen decreased their price target on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Nineteen investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $52.13.

Dynatrace Stock Performance

Shares of DT opened at $36.08 on Tuesday. Dynatrace has a 52-week low of $31.64 and a 52-week high of $57.55. The business’s 50 day moving average price is $36.74 and its two-hundred day moving average price is $41.58. The firm has a market cap of $10.76 billion, a PE ratio of 59.15, a price-to-earnings-growth ratio of 2.35 and a beta of 0.79.

Dynatrace (NYSE:DT) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.03. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.The firm had revenue of $515.47 million for the quarter, compared to analyst estimates of $506.31 million. During the same period in the previous year, the firm earned $0.37 earnings per share. The company’s revenue was up 18.2% compared to the same quarter last year. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. Research analysts predict that Dynatrace will post 0.88 EPS for the current fiscal year.

Dynatrace announced that its Board of Directors has approved a share buyback plan on Monday, February 9th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to reacquire up to 9.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other Dynatrace news, EVP Stephen A. Mcmahon purchased 3,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was acquired at an average price of $35.75 per share, for a total transaction of $107,250.00. Following the purchase, the executive vice president owned 3,454 shares of the company’s stock, valued at $123,480.50. This trade represents a 660.79% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Dynatrace

A number of institutional investors and hedge funds have recently bought and sold shares of DT. V Square Quantitative Management LLC purchased a new stake in Dynatrace in the 4th quarter valued at $26,000. Cornerstone Planning Group LLC raised its position in Dynatrace by 561.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after buying an additional 494 shares during the last quarter. Brown Lisle Cummings Inc. raised its position in Dynatrace by 218.8% in the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after buying an additional 547 shares during the last quarter. RHL Group LLC purchased a new stake in Dynatrace in the 4th quarter valued at $30,000. Finally, Larson Financial Group LLC raised its position in Dynatrace by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after buying an additional 508 shares during the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

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.