Dynatrace (NYSE:DT) Updates FY25 Earnings Guidance

Dynatrace (NYSE:DT) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $1.26-1.29 for the period, compared to the consensus earnings per share estimate of $1.28. The company issued revenue guidance of $1.644-1.658 billion, compared to the consensus revenue estimate of $1.65 billion. Dynatrace also updated its Q2 guidance to $0.32-0.33 EPS.

Dynatrace Stock Performance

Dynatrace stock traded up $5.68 during midday trading on Wednesday, reaching $46.17. The company’s stock had a trading volume of 2,223,060 shares, compared to its average volume of 3,542,664. Dynatrace has a fifty-two week low of $39.42 and a fifty-two week high of $61.41. The stock’s 50 day simple moving average is $44.44 and its 200 day simple moving average is $47.46. The firm has a market capitalization of $13.77 billion, a PE ratio of 90.25, a P/E/G ratio of 6.40 and a beta of 1.04.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Wednesday, May 15th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.03). The firm 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%. Equities analysts predict that Dynatrace will post 0.71 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on DT shares. Robert W. Baird cut their target price on Dynatrace from $65.00 to $62.00 and set an outperform rating on the stock in a research report on Thursday, May 16th. TD Cowen cut their target price on Dynatrace from $62.00 to $58.00 and set a buy rating on the stock in a research report on Friday, April 19th. Piper Sandler initiated coverage on Dynatrace in a research report on Thursday, June 27th. They set a neutral rating and a $50.00 price target on the stock. Wells Fargo & Company dropped their price target on Dynatrace from $60.00 to $50.00 and set an overweight rating on the stock in a research report on Tuesday. Finally, Royal Bank of Canada dropped their price target on Dynatrace from $66.00 to $60.00 and set an outperform rating on the stock in a research report on Thursday, May 16th. Six investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus target price of $60.17.

Insider Activity at Dynatrace

In other Dynatrace news, EVP Dan Zugelder sold 18,870 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $46.72, for a total transaction of $881,606.40. Following the sale, the executive vice president now directly owns 253,176 shares in the company, valued at approximately $11,828,382.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Dynatrace news, EVP Dan Zugelder sold 18,870 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $46.72, for a total transaction of $881,606.40. Following the sale, the executive vice president now directly owns 253,176 shares in the company, valued at approximately $11,828,382.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rick M. Mcconnell sold 50,000 shares of the firm’s 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 sale, 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. Insiders have sold 84,274 shares of company stock worth $3,883,271 in the last ninety days. Company insiders own 0.54% of the company’s stock.

Dynatrace Company Profile

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.