Dynatrace (DT) Projected to Post Earnings on Thursday

Dynatrace (NYSE:DT) is projected to post its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect Dynatrace to post earnings of $0.33 per share and revenue of $426,911.31 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Dynatrace Trading Up 1.6 %

Dynatrace stock opened at $56.52 on Tuesday. The firm has a market capitalization of $16.87 billion, a P/E ratio of 102.75, a PEG ratio of 7.94 and a beta of 1.02. The stock has a fifty day moving average price of $54.31 and a 200 day moving average price of $51.66. Dynatrace has a 52 week low of $39.42 and a 52 week high of $61.41.

Wall Street Analyst Weigh In

DT has been the subject of several analyst reports. UBS Group assumed coverage on shares of Dynatrace in a research note on Wednesday, November 27th. They issued a “neutral” rating and a $58.00 target price for the company. BTIG Research lifted their target price on Dynatrace from $57.00 to $63.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Royal Bank of Canada raised their price objective on shares of Dynatrace from $60.00 to $65.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. JPMorgan Chase & Co. lifted their price target on Dynatrace from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Finally, BNP Paribas started coverage on shares of Dynatrace in a research report on Tuesday, October 8th. They set a “neutral” rating and a $52.00 target price for the company. Eight research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $61.68.

Insider Buying and Selling at Dynatrace

In other news, EVP Bernd Greifeneder sold 50,000 shares of Dynatrace stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the completion of the sale, the executive vice president now owns 1,007,038 shares in the company, valued at $58,237,007.54. The trade was a 4.73 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.59% of the company’s stock.

Dynatrace Company Profile

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.