Dynatrace (NYSE:DT) announced its quarterly earnings results on Wednesday. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.03, Briefing.com reports. The company had revenue of $155.51 million during the quarter, compared to the consensus estimate of $149.63 million. Dynatrace had a negative net margin of 61.51% and a negative return on equity of 8.18%. The company’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.04 earnings per share.

NYSE DT traded down $0.87 on Friday, hitting $41.50. 652,864 shares of the company were exchanged, compared to its average volume of 2,292,029. The company’s 50 day moving average price is $41.25 and its 200-day moving average price is $32.65. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.96 and a quick ratio of 0.96. Dynatrace has a twelve month low of $17.05 and a twelve month high of $44.65.

In other news, Director Paul Andrew Zuber sold 7,400 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $33.07, for a total value of $244,718.00. Following the transaction, the director now owns 84,198 shares in the company, valued at approximately $2,784,427.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Thoma Bravo Ugp, Llc sold 29,668,891 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $34.30, for a total value of $1,017,642,961.30. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 30,509,874 shares of company stock worth $1,047,682,132. Corporate insiders own 1.50% of the company’s stock.

Several equities research analysts recently weighed in on DT shares. Royal Bank of Canada upped their price objective on shares of Dynatrace from $46.00 to $55.00 and gave the stock an “outperform” rating in a report on Thursday. Goldman Sachs Group raised shares of Dynatrace from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $32.00 to $51.00 in a report on Friday, June 19th. They noted that the move was a valuation call. Needham & Company LLC upped their price objective on shares of Dynatrace from $38.00 to $50.00 and gave the stock a “buy” rating in a report on Monday. Jefferies Financial Group upped their price objective on shares of Dynatrace from $35.00 to $46.00 and gave the stock a “hold” rating in a report on Thursday. They noted that the move was a valuation call. Finally, Raymond James upped their price objective on shares of Dynatrace from $27.00 to $40.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Four investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $39.76.

Dynatrace Company Profile

Dynatrace, Inc provides a software intelligence platform for the enterprise cloud applications. It offers Dynatrace, a platform for running an enterprise cloud. The company's products include AppMon, Classic Real User Monitoring, Network Application Monitoring, and Synthetic Classic. Its platform allows its customers to modernize and automate IT operations, develop and release software, and enhance user experiences.

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Earnings History for Dynatrace (NYSE:DT)

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