Dynatrace (DT) Scheduled to Post Quarterly Earnings on Wednesday

Dynatrace (NYSE:DT) is scheduled to release its earnings data before the market opens on Wednesday, August 7th. Analysts expect Dynatrace to post earnings of $0.29 per share for the quarter. Dynatrace has set its Q1 guidance at $0.29-0.30 EPS and its FY25 guidance at $1.26-1.29 EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, May 15th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03). Dynatrace had a return on equity of 9.89% and a net margin of 10.81%. The company had revenue of $380.85 million for the quarter, compared to analyst estimates of $375.20 million. On average, analysts expect Dynatrace to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Dynatrace Trading Up 0.9 %

Shares of DT stock opened at $44.80 on Wednesday. Dynatrace has a 1 year low of $42.31 and a 1 year high of $61.41. The firm’s 50 day moving average is $44.96 and its 200-day moving average is $47.97. The firm has a market capitalization of $13.36 billion, a price-to-earnings ratio of 86.16, a PEG ratio of 6.70 and a beta of 1.04.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DT. Robert W. Baird reduced their target price on shares of Dynatrace from $65.00 to $62.00 and set an “outperform” rating on the stock in a research report on Thursday, May 16th. Loop Capital cut their price objective on shares of Dynatrace from $50.00 to $45.00 and set a “hold” rating on the stock in a report on Wednesday, June 26th. Royal Bank of Canada cut their price objective on shares of Dynatrace from $66.00 to $60.00 and set an “outperform” rating on the stock in a report on Thursday, May 16th. Piper Sandler initiated coverage on shares of Dynatrace in a report on Thursday, June 27th. They issued a “neutral” rating and a $50.00 price objective on the stock. Finally, Truist Financial restated a “buy” rating and issued a $60.00 price objective (down from $70.00) on shares of Dynatrace in a report on Thursday, May 16th. Six investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $60.56.

Insider Transactions at Dynatrace

In other news, EVP Dan Zugelder sold 15,404 shares of the stock in a transaction on Monday, July 15th. The shares were sold at an average price of $44.22, for a total transaction of $681,164.88. Following the completion of the sale, the executive vice president now owns 237,772 shares of the company’s stock, valued at $10,514,277.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP Dan Zugelder sold 15,404 shares of the stock in a transaction on Monday, July 15th. The shares were sold at an average price of $44.22, for a total transaction of $681,164.88. Following the completion of the sale, the executive vice president now owns 237,772 shares of the company’s stock, valued at $10,514,277.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Rick M. Mcconnell sold 50,000 shares of the stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $46.41, for a total transaction of $2,320,500.00. Following the sale, the chief executive officer now directly owns 732,491 shares of the company’s stock, valued at approximately $33,994,907.31. The disclosure for this sale can be found here. Insiders sold 84,274 shares of company stock valued at $3,883,271 over the last quarter. Corporate insiders own 0.54% of the company’s stock.

About Dynatrace

Dynatrace, Inc provides a security platform for multicloud environments. It 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.