Cantor Fitzgerald Expects Increased Earnings for Dynatrace

Dynatrace, Inc. (NYSE:DTFree Report) – Research analysts at Cantor Fitzgerald upped their FY2025 earnings per share (EPS) estimates for shares of Dynatrace in a note issued to investors on Friday, January 31st. Cantor Fitzgerald analyst T. Blakey now forecasts that the company will post earnings per share of $0.73 for the year, up from their prior forecast of $0.70. Cantor Fitzgerald has a “Neutral” rating and a $57.00 price objective on the stock. The consensus estimate for Dynatrace’s current full-year earnings is $0.69 per share.

Several other analysts have also recently issued reports on the stock. Morgan Stanley upped their price target on shares of Dynatrace from $59.00 to $62.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research report on Friday, January 31st. BMO Capital Markets lifted their price target on Dynatrace from $53.00 to $61.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. JPMorgan Chase & Co. upped their price objective on Dynatrace from $55.00 to $60.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Finally, UBS Group lifted their target price on Dynatrace from $58.00 to $62.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Eight investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, Dynatrace presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

Read Our Latest Stock Analysis on Dynatrace

Dynatrace Stock Up 0.8 %

Shares of DT opened at $59.37 on Monday. Dynatrace has a 52-week low of $39.42 and a 52-week high of $61.41. The firm has a market cap of $17.77 billion, a price-to-earnings ratio of 37.11, a PEG ratio of 8.37 and a beta of 1.04. The business’s 50 day moving average is $54.87 and its two-hundred day moving average is $52.25.

Institutional Trading of Dynatrace

A number of hedge funds and other institutional investors have recently modified their holdings of DT. Holocene Advisors LP bought a new stake in Dynatrace during the third quarter worth approximately $126,592,000. TimesSquare Capital Management LLC bought a new stake in shares of Dynatrace during the 4th quarter worth $73,906,000. State Street Corp grew its holdings in shares of Dynatrace by 14.6% in the 3rd quarter. State Street Corp now owns 9,468,594 shares of the company’s stock worth $506,286,000 after acquiring an additional 1,207,621 shares during the last quarter. Barclays PLC raised its position in shares of Dynatrace by 85.3% during the third quarter. Barclays PLC now owns 2,133,462 shares of the company’s stock worth $114,076,000 after purchasing an additional 981,964 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Dynatrace by 20.8% during the third quarter. Geode Capital Management LLC now owns 5,127,967 shares of the company’s stock worth $273,610,000 after purchasing an additional 884,673 shares during the period. Institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling at Dynatrace

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $57.83, for a total value of $2,891,500.00. Following the completion of the sale, the executive vice president now directly owns 1,007,038 shares in the company, valued at $58,237,007.54. This represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.59% of the stock is owned by company insiders.

Dynatrace Company Profile

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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.

See Also

Earnings History and Estimates for Dynatrace (NYSE:DT)

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