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 (EPS) guidance of $0.32-$0.33 for the period, compared to the consensus 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.

Dynatrace Price 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 stock has a market capitalization of $16.89 billion, a P/E ratio of 108.64, a price-to-earnings-growth ratio of 8.02 and a beta of 1.06. The company’s 50 day simple moving average is $52.77 and its 200-day simple moving average is $48.29.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.04. The company had revenue of $399.20 million during the quarter, compared to analysts’ expectations of $392.22 million. Dynatrace had a return on equity of 9.77% and a net margin of 10.36%. Dynatrace’s revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.16 EPS. As a group, analysts anticipate that Dynatrace will post 0.71 EPS for the current year.

Analysts Set New Price Targets

DT has been the topic of a number of research analyst reports. BTIG Research raised their price target on Dynatrace from $57.00 to $63.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Rosenblatt Securities restated a “buy” rating and set a $65.00 target price on shares of Dynatrace in a report on Wednesday. JPMorgan Chase & Co. raised their price objective on shares of Dynatrace from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research note on Tuesday, August 6th. Finally, BMO Capital Markets lifted their price target on Dynatrace from $49.00 to $53.00 and gave the company an “outperform” rating in a research note on Thursday, August 8th. Five analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $60.46.

Insider Transactions at Dynatrace

In related news, Director Stephen J. Lifshatz sold 5,000 shares of Dynatrace stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $55.00, for a total transaction of $275,000.00. Following the sale, the director now directly owns 41,471 shares in the company, valued at $2,280,905. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Dynatrace news, Director Stephen J. Lifshatz sold 5,000 shares of Dynatrace stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $55.00, for a total transaction of $275,000.00. Following the transaction, the director now directly owns 41,471 shares of the company’s stock, valued at approximately $2,280,905. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dan Zugelder sold 11,022 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $49.71, for a total value of $547,903.62. Following the completion of the sale, the executive vice president now owns 217,465 shares in the company, valued at $10,810,185.15. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 66,022 shares of company stock worth $3,397,904. Insiders own 0.59% of the company’s stock.

About Dynatrace

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.