Looking To Buy Dollar Tree Inc. (DLTR)? Read This First

Dollar Tree Inc. (NASDAQ:DLTR) saw a downside of -0.36% to close Tuesday at $98.10 after subtracting -$0.35 on the day. The 5-day average trading volume is 2,229,580 shares of the company’s common stock. It has gained $99.63 in the past week. An average of 5,257,185 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,164,238.

DLTR’s 1-month performance is 9.90% or $7.89 on its low of $84.26 reached on 09/24/21. The company’s shares have touched a 52-week low of $84.26 and high of $120.37, with the stock’s rally to the 52-week high happening on 04/06/21. YTD, DLTR has lost -9.20% or -$9.94. However, the current price is down -18.50%% from the 52-week high price.


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Insider Transactions

On Jun 21, 114 days have gone by since the last insider trading activity for Dollar Tree Inc. (DLTR). McNeely Richard L (Chief Merchandising Officer) most recently sold 7,635 shares at $101.16 per share on Jun 21. This transaction cost the insider $772,383. Chief Financial Officer, WAMPLER KEVIN S, sold 8,070 shares at a price of $115.08 on Apr 27. Then, on Apr 26, Executive Chairman SASSER BOB sold 13,584 shares at a price of $114.52 per share. This transaction amounted to $1,555,643.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 28.79 and a low of 11.04. DLTR stock has a beta of 0.77. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.85 while the price-to-book (PB) in the most recent quarter is 3.20, with the price to cash flow ratio at 32.97.

Dollar Tree Inc.’s quick ratio for the period ended July 30 was 0.30, with the current ratio over the same period at 1.20 meaning that DLTR stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.46, while the total debt to equity was 0.46. In terms of profitability, the gross margin trailing 12 months is 30.70%. The trailing 12-month EBITDA margin is 11.18% while for the period ending July 30; Dollar Tree Inc.’s operating margin was 8.00%. The firm’s gross profit as reported stood at $7.79 billion against revenue of $25.51 billion.

Earnings Surprise

For the quarterly period ending July 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected DLTR to announce $1 per share in earnings in its latest quarter, but it posted $1.23, representing a 23.00% surprise. EBITDA for the quarter stood at more than $580.0 million. DLTR stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 13.43 billion, with total debt at $9.68 billion. Shareholders hold equity totaling $224.91 million

Technical Picture

Let’s look briefly at Dollar Tree Inc. (DLTR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 61.95% to suggest the stock is trending Neutral, with historical volatility in this time period at 30.02%.

The stock’s 5-day moving average is $98.16, reflecting a +0.96% or $0.93 change from its current price. DLTR is currently trading +10.94% above its 20-day SMA, -9.48% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -0.79% and -10.02% respectively.

Stochastic %K and %D was 82.74% and 82.11% and the average true range (ATR) pointed at 2.70. The RSI (14) points at 58.60%, while the 14-day stochastic is at 80.61% with the period’s ATR at 2.71. The stock’s 9-day MACD Oscillator is pointing at 0.69 and 3.91 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Dollar Tree Inc. (NASDAQ: DLTR), KeyBanc Capital Markets downgraded it to a Sector weight rating. They previously had an Overweight rating on the stock. Analysts offering their rating for DLTR stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate DLTR as a “sell,”, while 17 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 2 rates the stock as overweight while 6 have offered a “buy” rating.

What is DLTR’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $85.00 and a high of $131.00, with their median price target at $100.00. Looking at these predictions, the average price target given by analysts is for Dollar Tree Inc. (DLTR) stock is $105.04.

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