General Dynamic shares, up 5.2% this year, were inactive during premarket trading. Technical Analysis The technical analysis highlights that Dollar General Corporation Comm current price is trading $2.24 points away +2.41% from $92.84, which stands as the 50-day moving average of the firm. The stock has a market cap of $45.13 billion and a price-to-earnings ratio of 15.86. General Dynamics Corp. has a 12-month low of $121.61 and a 12-month high of $153.76.
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Eyeing Earnings Dollar General Corporation (NYSE:DG) is likely to release quarterly numbers around 2016-08-25 for the quarter ending 2016-07-31.
For the full year, the company now expects to earn $9.70 a share, up from previous guidance of $9.20 and above the $9.52 analysts have predicted.
The Brexit vote put a damper on Gulfstream sales at the end of the second quarter, but prospects are still good-“better than any [other] time so far this year”-and the continued solid USA economy and quick stock market recovery after the United Kingdom voted to exit the European Union has calmed the jittery nerves of potential buyers, Phebe Novakovic, chairman and CEO of parent company General Dynamics, told investors today”. The firm had revenue of $7.66 billion for the quarter, compared to the consensus estimate of $7.88 billion.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 5th. This represents a $3.04 annualized dividend and a yield of 2.12%. Guggenheim started coverage on shares of General Dynamics Corp.in a research note on Monday, April 4th. The ex-dividend date of this dividend is Wednesday, June 29th. After completing a methodical study, they have specified the target price range.
Many Wall Street Analysts have commented on General Dynamics Corporation.
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A number of other research analysts have also issued reports on the stock. Jefferies Group reaffirmed a “buy” rating on shares of General Dynamics Corp.in a report on Sunday, July 3rd. Finally, Deutsche Bank AG restated a “hold” rating and set a $152.00 price target on shares of General Dynamics Corp.in a research note on Thursday, May 19th. The stock has a consensus rating of “Buy” and an average price target of $152.68. The company’s information systems and technology business was the only General Dynamics unit to post improvements in its sales and profit.
