Dynatrace (DT) Scheduled to Post Quarterly Earnings on Wednesday

Dynatrace (NYSE:DT) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, August 7th. Analysts expect the company to announce 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.Parties that are interested in registering for the company’s conference call can do so using this link.

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

Dynatrace Stock Up 0.9 %

DT opened at $44.80 on Wednesday. The firm has a market cap of $13.36 billion, a price-to-earnings ratio of 86.16, a price-to-earnings-growth ratio of 6.70 and a beta of 1.04. Dynatrace has a fifty-two week low of $42.31 and a fifty-two week high of $61.41. The company’s 50-day moving average price is $44.96 and its 200 day moving average price is $47.97.

Insiders Place Their Bets

In other Dynatrace news, EVP Dan Zugelder sold 15,404 shares of Dynatrace stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $44.22, for a total value of $681,164.88. Following the transaction, the executive vice president now owns 237,772 shares in the company, valued at $10,514,277.84. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Dynatrace news, EVP Dan Zugelder sold 15,404 shares of Dynatrace stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 237,772 shares in the company, valued at approximately $10,514,277.84. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Rick M. Mcconnell sold 50,000 shares of Dynatrace stock in a transaction that occurred 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 transaction, the chief executive officer now owns 732,491 shares in the company, valued at $33,994,907.31. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 84,274 shares of company stock worth $3,883,271. 0.54% of the stock is owned by insiders.

Analysts Set New Price Targets

DT has been the topic of several research reports. Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a research note on Tuesday, June 18th. Royal Bank of Canada dropped their price target on shares of Dynatrace from $66.00 to $60.00 and set an “outperform” rating on the stock in a research note on Thursday, May 16th. BMO Capital Markets dropped their price target on shares of Dynatrace from $54.00 to $49.00 and set an “outperform” rating on the stock in a research note on Friday, July 19th. Loop Capital dropped their price target on shares of Dynatrace from $50.00 to $45.00 and set a “hold” rating on the stock in a research note on Wednesday, June 26th. Finally, Guggenheim dropped their price target on shares of Dynatrace from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, July 16th. Six equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $60.56.

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.