Beyond The Numbers: 11 Analysts Discuss Dynatrace Stock
During the last three months, 11 analysts shared their evaluations of Dynatrace (NYSE:DT), revealing diverse outlooks from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 6 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 3 | 5 | 2 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $58.36, a high estimate of $68.00, and a low estimate of $50.00. A 8.56% drop is evident in the current average compared to the previous average price target of $63.82.
Deciphering Analyst Ratings: An In-Depth Analysis
In examining recent analyst actions, we gain insights into how financial experts perceive Dynatrace. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Taz Koujalgi | Wedbush | Maintains | Neutral | $55.00 | $55.00 |
| Yun Kim | Loop Capital | Lowers | Hold | $50.00 | $56.00 |
| Matthew Hedberg | RBC Capital | Lowers | Outperform | $60.00 | $66.00 |
| Andrew Nowinski | Wells Fargo | Lowers | Overweight | $60.00 | $75.00 |
| Koji Ikeda | B of A Securities | Lowers | Buy | $68.00 | $70.00 |
| Keith Bachman | BMO Capital | Lowers | Outperform | $54.00 | $55.00 |
| Joel Fishbein | Truist Securities | Lowers | Buy | $60.00 | $70.00 |
| William Power | Baird | Lowers | Outperform | $62.00 | $65.00 |
| Keith Bachman | BMO Capital | Lowers | Outperform | $55.00 | $63.00 |
| Andrew Sherman | TD Cowen | Lowers | Buy | $58.00 | $62.00 |
| Pinjalim Bora | JP Morgan | Lowers | Overweight | $60.00 | $65.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Dynatrace. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Dynatrace compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Dynatrace's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Dynatrace's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Dynatrace analyst ratings.
Discovering Dynatrace: A Closer Look
Dynatrace is a cloud-native company that focuses on analyzing machine data. Its product portfolio, delivered as software as a service, allows a client to monitor and analyze its entire IT infrastructure. Dynatrace's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to use it for a variety of applications throughout their businesses.
Unraveling the Financial Story of Dynatrace
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Dynatrace's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 21.11%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Dynatrace's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 9.96%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Dynatrace's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.93%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Dynatrace's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.18%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.03.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.