Streetbeat News

DT

Dynatrace, Inc.

https://www.dynatrace.com

Industry

Software - Application

Dynatrace, Inc. provides a software intelligence platform for dynamic multi-cloud environments. It operates Dynatrace, a software intelligence platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, digital experience monitoring, business analytics, and cloud automation. Its platform allows its customers to modernize and automate IT operations, develop and release software, and enhance user experiences. The company also offers implementation, consulting, and training services. Dynatrace, Inc. markets its products through a combination of direct sales team and a network of partners, including resellers, system integrators, and managed service providers. It serves customers in various industries comprising banking, insurance, retail, manufacturing, travel, and software. The company operates in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Dynatrace, Inc. was founded in 2005 and is headquartered in Waltham, Massachusetts.

Open

52.02

Mkt cap

15B

Volume

1.8M

High

52.25

P/E Ratio

95.91

52-wk high

61.41

Low

51.37

Div yield

N/A

52-wk low

39.42

Truist Securities analyst Ki Bin Kim has reaffirmed a Buy rating on Dynatrace (NYSE:DT) and increased the price target from $60 to $70, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 7:04 pm

Software company stocks are trading higher due to a decrease in Treasury yields and positive announcements at CES 2024. This trend is affecting a broad range of companies within the sector.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 7:09 pm

Dynatrace (NYSE:DT) has been analyzed by 6 analysts, showing a positive sentiment with 5 bullish and 1 somewhat bullish ratings. The 12-month price targets have an average of $62.5, with a high of $70 and a low of $58, marking a 13.64% increase from the previous average of $55. Analysts have adjusted their ratings and price targets, reflecting their response to recent developments. Dynatrace's financial health indicators show a lower market cap, high revenue growth of 25.91%, exceptional net margin of 10.18%, but lower ROE and ROA compared to industry benchmarks, and a conservative debt-to-equity ratio of 0.04.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 4:01 pm

Jefferies analyst Brent Thill has upgraded Dynatrace (NYSE:DT) from Hold to Buy and increased the price target from $50 to $70.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 3:52 pm

Software stocks are trading lower due to an increase in Treasury yields and general market weakness. This trend is affecting a broad range of software companies across the market.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 8:38 pm

Dynatrace (NYSE:DT) has received positive analyst ratings in the last quarter, with 5 bullish and 1 somewhat bullish ratings, and no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for DT is $61.67, with a high of $65.00 and a low of $58.00. This target has increased by 8.82% over the past month, indicating a positive sentiment among analysts.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 5:00 pm

Scotiabank analyst Patrick Colville has initiated coverage on Dynatrace (NYSE:DT) with a Sector Outperform rating and set a price target of $62.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 2:03 pm

Dynatrace (NYSE:DT), a leader in unified observability and security, has announced the pricing of a public offering of 10 million shares of common stock by certain selling stockholders. The underwriter, BofA Securities, has been granted a 30-day option to purchase up to an additional 1.5 million shares. The offering is set to close on November 17, 2023, subject to customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:38 pm

Dynatrace (NYSE:DT), a leader in unified observability and security, has announced the start of an underwritten public offering of 10,000,000 shares by certain selling stockholders. These stockholders are also giving the underwriter an option to buy up to an additional 1,500,000 shares within 30 days.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:19 pm

Over the past 3 months, 7 Wall Street analysts have provided ratings for Dynatrace (NYSE:DT), with 6 giving a bullish and 1 a somewhat bullish rating. The average 12-month price target for DT is $60.00, with a high of $65.00 and a low of $55.00. This target has increased by 5.26% over the past month, indicating a positive sentiment among analysts towards the stock.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 4:00 pm

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