Dollar General said that it had $1.08 in earnings per share (EPS) on $5.39 billion in revenue. They now have a United States dollars 90 price target on the stock.
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A number of FactSet analysts shared their views about the current stock momentum. The firm has a 50-day moving average of $95.26 and a 200 day moving average of $86.30.
05/24/2016 – Topeka Capital Markets began new coverage on Dollar Tree, Inc. giving the company a “buy” rating. Following the sale, the insider now directly owns 5,950 shares of the company’s stock, valued at $535,500. The stock was sold at an average price of $90.68, for a total transaction of $450,135.52. The company’s institutional ownership is monitored at 96.5%.
According to FT, The 18 analysts offering 12 month price targets for Dollar Tree, Inc. have a median target of 100.00, with a high estimate of 107.00 and a low estimate of 76.00. The disclosure for this sale can be found here.
Analysts’ mean recommendation for Dollar Tree, Inc.’s (DLTR) stands at 2.30. The company reported $0.72 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.73 by $0.01.
Dollar Tree, Inc is an operator of discount variety stores. One week ago, shares have been suggested as “BUY” from “1” brokerage firms and recommended as “Strong Buy” by “9” brokerage firms. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $66.43 while the highest price target suggested by the analysts is $72.00 and low price target is $58.00. 5463574 shares were traded on Dollar Tree, Inc.’s last session. Dollar Tree, Inc. (NASDAQ:DLTR) ratio came in at 28.45, which was derived by dividing current price of stock by yearly earnings.
Company latest quarter ended on 30 Jun 2016, company announced earnings of $0.49. The EPS growth for the last 5 years is at -4.00% while the predicted EPS growth for the next 5 years is at 19.11%. The company had revenue of $5000.00 million for the quarter, compared to analysts expectations of $5082.09 million. The year to date performance is at 10.76% with a 52 week high of -14.41% and a 52 week low of 41.82%.
According to the Latest Earnings results, Dollar Tree, Inc. reported Earnings Per Share (EPS) of $0.72.
Other research analysts have also recently issued reports about the stock.
Credit Suisse took an on-the-fence perspective and downgraded Dollar General stock to a Neutral rating and lowered its price target to $80 from $85. (DLTR) sold shares in a trading activity completed on Monday July 11, 2016.
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05/27/2016 – Dollar Tree, Inc. had its “outperform” rating reiterated by analysts at Telsey Advisory Group. The brokerage firm maintained a Buy rating with a $95 price target, seeing this decline as an overreaction given that EPS grew by 13% and guidance was maintained. They are one of the leading companies in the Discount, Variety Stores in USA. In the second quarter of 2016, the discount associated with net lease dollar store assets when compared to the net lease retail sector widened by 37 basis points. The Company’s segments include Dollar Tree and Family Dollar.
