U.S. based company, Dollar Tree, Inc.’s (DLTR)’s latest closing price distance was at -0.39% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -11.25% and -9.39% compared with the 20 Day Moving Average.
Advertisement
Dollar Tree, Inc. has 235,600,000 shares in issue which have a share price of 83.11 giving Dollar Tree, Inc. a market capitalisation of 19.58B USD.
USA stocks closed slightly higher Tuesday after a three-day weekend for Labor Day.
Out of 19 analysts covering Dollar Tree Inc.
The team rates Five Below as a Buy with a ratings score of B. This is driven by a few notable strengths, which it believes should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks the team covers. Goldman Sachs Group’s target price suggests a potential upside of 21.53% from the stock’s current price. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.
06/01/2016 – BTIG Research began new coverage on Dollar Tree, Inc. giving the company a “buy” rating. The shares were sold at an average price of $95.50, for a total transaction of $477,500.00. Leavell Investment Management Inc. now owns 22,495 shares of the company’s stock valued at $2,120,000 after buying an additional 200 shares during the period. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The disclosure for this sale can be found here. 68 funds bought stakes while 199 increased positions. Lone Pine Capital LLC boosted its position in Dollar Tree by 156.7% in the fourth quarter.
When we have a peek on stock’s historical trends we come to know that, the stock has slipped -2.80% in the past one week and plunged -13.49% during previous one month drive, the stock went down -8.29% during past quarter. Brahman Capital Corp. boosted its position in Dollar Tree by 0.8% in the fourth quarter. Melvin Capital Management LP purchased a new position in Dollar Tree during the fourth quarter worth approximately $84,942,000. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its position in Dollar Tree by 41.8% in the second quarter. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue. Dollar Tree, Inc. (NASDAQ:DLTR) shares were trading -16.83% below from the 52-week high mark of $99.93 and +37.80% above from the 52-week bottom of $60.31.
Dollar Tree (NASDAQ:DLTR) last released its earnings results on Thursday, August 25th.
EPS growth in next year is estimated to reach 19.59% while EPS growth estimate for this year is set at -56.40%. According to analysts minimum EPS for the current quarter is expected at $0.71 and can go high up to $0.84. The business had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $5.08 billion. The company’s revenue was up 66.0% compared to the same quarter previous year. Analysts predict that Dollar Tree Inc. will post $3.80 EPS for the current year.
Advertisement
Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company operates approximately 13,851 discount variety retail stores.
