We rate DOLLAR GENERAL CORP as a Buy with a ratings score of A. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. BTIG Research started coverage on shares of Dollar General Corp.in a report on Wednesday, June 1st. 0 analysts hold “Sell” rating for the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $94.86. Not based on the news in any given day, the rating may differ from Jim Cramer’s view or that of this articles’s author.
Advertisement
Dollar General Corp. (NYSE:DG) reached at $91.79 price level during last trade its distance from 20 days simple moving average is -1.00%, and its distance from 50 days simple moving average is -1.18% while it has a distance of 13.96% from the 200 days simple moving average. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. While the buyers foresee DG taking back $80 by the close tomorrow, when the series expires, the sellers are predicting that the round-number level will serve as a short-term speed bump. It also increased its holding in Public Svc Enterprise Group (NYSE:PEG) by 75,699 shares in the quarter, for a total of 147,599 shares, and has risen its stake in General Mls Inc (NYSE:GIS). Following the transaction, the chief accounting officer now directly owns 15,572 shares in the company, valued at approximately $1,418,764.92.
Before today’s market open, Dollar General reported revenue of $5.39 billion, falling short of Wall Street’s expected $5.5 billion. First Niagara Bank boosted its stake in Dollar General Corp.by 0.3% in the second quarter. Now the company has earned “Buy” from 9 equity analysts. For the current quarter the company has highest EPS estimates of $1.12 and low forecast is $1.07. 5 analysts have suggested the company is a “Hold”. It has twelve month low of $6.22 and twelve month high of $16.41. The stock recent traded volume was higher as compared with its average volume of 2533340 shares. The firm has a SMA 50 (Simple Moving Average) of $146.42 and a SMA 200-(Simple Moving Average) of $139.74. The company reported $1.08 EPS for the quarter, missing the Zacks’ consensus estimate of $1.09 by $0.01. The company’s revenue was up 7.0% compared to the same quarter a year ago. During the same quarter in the previous year, the business earned $0.95 EPS. Investors of record on Wednesday, September 14th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.09%.
General Dynamics Corporation was upgraded to “outperform” by analysts at Sanford C. Bernstein.
Advertisement
General Dynamics Corporation is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; communications and information technology systems and solutions, and military and commercial shipbuilding. The Company’s consumables category includes paper and cleaning products; packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.
