Dynatrace (NYSE:DT) Issues Q3 Earnings Guidance

Dynatrace (NYSE:DT) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.32-$0.33 for the period, compared to the consensus earnings per share estimate of $0.32. The company issued revenue guidance of $425-$428 million, compared to the consensus revenue estimate of $415.96 million. Dynatrace also updated its FY 2025 guidance to 1.310-1.330 EPS.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Guggenheim lifted their price target on Dynatrace from $55.00 to $64.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Wedbush began coverage on Dynatrace in a research report on Thursday, October 17th. They set an “outperform” rating and a $67.00 target price for the company. Wells Fargo & Company dropped their price objective on shares of Dynatrace from $60.00 to $50.00 and set an “overweight” rating for the company in a report on Tuesday, August 6th. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research note on Tuesday, August 6th. Finally, Scotiabank lifted their price objective on Dynatrace from $52.00 to $55.00 and gave the stock a “sector outperform” rating in a report on Thursday, August 8th. Five research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. Based on data from MarketBeat, Dynatrace has a consensus rating of “Moderate Buy” and an average target price of $60.46.

Dynatrace Stock Performance

DT opened at $56.70 on Thursday. Dynatrace has a one year low of $39.42 and a one year high of $61.41. The company has a market cap of $16.89 billion, a P/E ratio of 108.64, a PEG ratio of 8.02 and a beta of 1.06. The business’s 50-day simple moving average is $52.77 and its 200-day simple moving average is $48.29.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.04. Dynatrace had a net margin of 10.36% and a return on equity of 9.77%. The business had revenue of $399.20 million during the quarter, compared to the consensus estimate of $392.22 million. During the same quarter in the previous year, the firm earned $0.16 EPS. The company’s revenue was up 19.9% compared to the same quarter last year. As a group, analysts predict that Dynatrace will post 0.71 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Dynatrace news, CEO Rick M. Mcconnell sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $51.50, for a total value of $2,575,000.00. Following the completion of the sale, the chief executive officer now owns 650,587 shares in the company, valued at approximately $33,505,230.50. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Rick M. Mcconnell sold 50,000 shares of Dynatrace stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $51.50, for a total transaction of $2,575,000.00. Following the completion of the sale, the chief executive officer now owns 650,587 shares in the company, valued at approximately $33,505,230.50. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Dan Zugelder sold 11,022 shares of the business’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $49.71, for a total transaction of $547,903.62. Following the completion of the transaction, the executive vice president now directly owns 217,465 shares of the company’s stock, valued at $10,810,185.15. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 66,022 shares of company stock valued at $3,397,904. 0.59% of the stock is currently owned by insiders.

Dynatrace Company Profile

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company 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.