Analyst Scoreboard: 10 Ratings For Dynatrace

Ratings for Dynatrace DT were provided by 10 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 6 4 0 0 0
Last 30D 1 0 0 0 0
1M Ago 3 3 0 0 0
2M Ago 1 0 0 0 0
3M Ago 1 1 0 0 0

Analysts have recently evaluated Dynatrace and provided 12-month price targets. The average target is $67.1, accompanied by a high estimate of $70.00 and a low estimate of $60.00. Observing a 16.94% increase, the current average has risen from the previous average price target of $57.38.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

The perception of Dynatrace by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Blair Abernethy Rosenblatt Raises Buy $65.00 $58.00
Patrick Colville Scotiabank Raises Sector Outperform $70.00 $62.00
Erik Suppiger JMP Securities Maintains Market Outperform $68.00 -
Erik Suppiger JMP Securities Raises Market Outperform $68.00 $56.00
Mike Cikos Needham Raises Buy $70.00 $60.00
Fatima Boolani Citigroup Raises Buy $68.00 $58.00
Ki Bin Kim Truist Securities Raises Buy $70.00 $60.00
Brent Thill Jefferies Raises Buy $70.00 $50.00
Patrick Colville Scotiabank Announces Sector Outperform $62.00 -
Joel Fishbein Truist Securities Raises Buy $60.00 $55.00

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: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Dynatrace compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Dynatrace's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Dynatrace's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Dynatrace analyst ratings.

Unveiling the Story Behind Dynatrace

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.

Dynatrace: Financial Performance Dissected

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Dynatrace showcased positive performance, achieving a revenue growth rate of 25.91% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations 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 10.18%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Dynatrace's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.04%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Dynatrace's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.3%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Dynatrace's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.04.

How Are Analyst Ratings Determined?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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