Analysts Set $61.25 Price Target and “Moderate Buy” Rating for Dynatrace, Shares
April 4, 2024
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Dynatrace ($NYSE:DT), Inc. is a leading software intelligence company that provides monitoring and analytics solutions for cloud-based applications and software. The company’s platform enables organizations to optimize the performance of their digital operations and improve customer experiences. As of this writing, Dynatrace, Inc. has gained significant attention from analysts, with twenty-one brokerages currently covering the company. This level of coverage indicates a high level of interest and confidence in the company’s potential for growth and success in the market. One key factor that is drawing attention to Dynatrace, Inc.’s stock is the company’s strong financial performance. This impressive growth has caught the eye of analysts and has contributed to their positive outlook for the company’s stock. In addition to its financial success, Dynatrace, Inc. has also been making strategic moves to expand its market reach and enhance its product offerings. The company recently announced an acquisition of an AI-based observability solution, which will further strengthen its position as a leader in the software intelligence market.
This move has been well-received by analysts, who see it as a positive step towards driving future growth and innovation for the company. Based on these factors, analysts have set a consensus price target of $61.25 for Dynatrace, Inc.’s stock. Furthermore, the company has received a “Moderate Buy” rating from these analysts, indicating a favorable outlook for the stock. In conclusion, Dynatrace, Inc. is a highly promising company with a strong financial track record and exciting growth prospects. Its recent acquisition and positive analyst ratings further reinforce its potential for success in the market. As such, investors may want to keep an eye on this stock and consider adding it to their portfolio.
Price History
Additionally, the analysts gave the stock a “Moderate Buy” rating, indicating a favorable outlook for the company’s performance in the near future. The day’s trading saw DYNATRACE stock open at $46.1 and close at $46.4, a modest increase of 1.1% from the previous closing price of $45.9. This positive sentiment from analysts and investors can likely be attributed to Dynatrace, Inc.’s strong financial performance in the past year. As more businesses shift their operations to the cloud, demand for these types of services is expected to continue growing, providing an opportunity for growth for Dynatrace.
In addition to its financial performance, Dynatrace has also made strategic moves to enhance its offerings and expand its market reach. In July, the company announced a partnership with Google Cloud to provide its observability services on the Google Cloud Marketplace, making it more accessible to a wider range of customers. Overall, the combination of strong financials, positive analyst ratings, and strategic partnerships has positioned Dynatrace for continued success and growth in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dynatrace. More…
| Total Revenues | Net Income | Net Margin |
| 1.36k | 196.98 | 14.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dynatrace. More…
| Operations | Investing | Financing |
| 366.86 | -59.53 | 61.51 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dynatrace. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3k | 1.09k | 6.5 |
Key Ratios Snapshot
Some of the financial key ratios for Dynatrace are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 27.5% | 16.4% | 9.2% |
| FCF Margin | ROE | ROA |
| 24.9% | 4.2% | 2.6% |
Analysis
After analyzing the fundamentals of DYNATRACE, I have concluded that it is a strong and stable company with a competitive advantage. Based on its performance, DYNATRACE can be classified as a ‘gorilla’ in the industry. This means that it has achieved consistent and high levels of revenue and earnings growth, which is a clear sign of its strong market position and competitive edge. As a gorilla company, DYNATRACE is likely to attract interest from a variety of investors. More specifically, those who are looking for stability and long-term growth potential would be interested in investing in DYNATRACE. The company’s strong fundamentals and potential for future growth make it an attractive option for investors who are seeking a solid investment opportunity. In terms of financial performance, DYNATRACE stands out in areas such as growth and profitability, while also maintaining a moderate level of assets and a weaker dividend. This further supports the idea that DYNATRACE is a strong and growing company with a focus on maximizing its profits and reinvesting in its business. Moreover, DYNATRACE has a high health score of 9/10 when considering its cashflows and debt. This means that the company is capable of safely navigating through any potential crisis without the risk of bankruptcy. As an investor, this is an important factor to consider, as it provides reassurance that my investment will not be at risk in case of unexpected market downturns or challenges. In conclusion, DYNATRACE is a ‘gorilla’ company that has shown impressive growth and profitability. It has a strong market position and attracts interest from investors looking for long-term stability and growth potential. The company’s high health score also adds to its appeal as a safe investment option. More…
Peers
Its competitors are Datadog Inc, Insig AI PLC, and NICE Ltd.
– Datadog Inc ($NASDAQ:DDOG)
Datadog Inc is a cloud-based monitoring service provider. The company has a market cap of $25.57 billion and a return on equity of 1.87%. Datadog Inc provides monitoring and analytics tools for IT and DevOps teams. The company’s platform enables users to collect and analyze data from multiple data sources, including AWS, Azure, Google Cloud Platform, and on-premises systems.
– Insig AI PLC ($LSE:INSG)
Insignia AI PLC is a technology company that specializes in artificial intelligence and machine learning. The company has a market capitalization of 20.08 million as of 2022 and a return on equity of -5.9%. The company’s products and services are used by businesses and organizations in a variety of industries, including healthcare, retail, and manufacturing.
– NICE Ltd ($OTCPK:NCSYF)
NICE Ltd is a global technology company that provides software and services that enable organizations to improve customer experience and business results. The company has a market capitalization of $12.09 billion as of 2022 and a return on equity of 6.21%. NICE provides a suite of software and services that helps organizations to interact with customers and employees, and to manage and analyze customer data. The company’s products and services are used by organizations in a variety of industries, including banking, healthcare, insurance, retail, and telecommunications.
Summary
Analysts have set a consensus price target of $61.25 for Dynatrace, Inc., indicating a potential upside for investors. This positive outlook is likely based on the company’s strong performance and growth potential. Investors may want to consider adding Dynatrace, Inc. to their portfolios, as it appears to be a solid choice for those seeking growth. However, as with any investment, it is important to conduct thorough research and carefully consider all factors before making a decision.
