The Insider Activity Report For Dollar General Corporation (DG): Who’s Selling?

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Dollar General Corporation (NYSE:DG) finished Wednesday with a subtraction of -$2.16 to close at $245.01, a downside of -0.87 percent. An average of 1,750,340 shares of common stock have been traded in the last five days. There was a gain of $4.08 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 2,510,365 shares traded, while the 50-day average volume stands at 1,975,506.

DG stock has decreased by -3.20% in the last month. The company shares reached their 1-month lowest point of $230.33 on 12/01/22. With the stock rallying to its 52-week high on 04/21/22, shares of the company touched a low of $183.25 and a high of $262.20 in 52 weeks. It has reached a new high 11 times so far this year and achieved 3.89% or $9.18 in price. In spite of this, the price is down -6.56% from the 52-week high.


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Insider Transactions

DG stock investors should be aware that Dollar General Corporation (DG) stock had its last reported insider trading activity 90 days ago on Sep 30. In this transaction, the insider spent $2,404,911. Chief Executive Officer, VASOS TODD J, disposed of 97,259 shares at a price of $241.55 on Sep 01. The insider now owns more than $23,492,481 worth of shares. Prior to that, Chief Executive Officer VASOS TODD J went on to Sale 25,239 shares at $239.01 each on Aug 30. An amount of $6,032,500 was transacted.

Valuation Metrics

Dollar General Corporation (DG) has a trailing price-to-earnings (P/E) ratio of 23.81. The stock’s beta is 0.39. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.50, the price-to-book (PB) ratio at 9.03, and the price-to-cash flow ratio at 1113.34.

The company has a payout ratio of 14.70%. The company’s most recent quarterly dividend payment was $0.55 a share, without any change from last year. Its latest increase dividend $0.13 reported on Thursday March 17 2022.

Financial Health

The quick ratio of Dollar General Corporation for the three months ended July 30 was 0.10, and the current ratio was 1.20, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.98 and a total debt to equity ratio of 0.00 for the quarter ending July 30. Its gross profit as reported stood at $10.81 billion compared to revenue of $34.22 billion.

Earnings Surprise

For the three-month period that ended July 30, Dollar General Corporation had $5.99 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $526.17 million in the quarter, while revenues were grew 7.44%. The analyst consensus anticipated Dollar General Corporation’s latest quarter earnings to come in at $2.93 per share, but it turned out to be $2.98, a 1.70% surprise. For the quarter, EBITDA amounted to $918.34 million. Shareholders own equity worth $223.57 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Dollar General Corporation (DG) price momentum. RSI 9-day as of the close on 28 December was 46.73%, suggesting the stock is Neutral, with historical volatility in this time frame at 16.79%.

As of today, DG’s price is $245.96 +1.69% or $4.08 from its 5-day moving average. DG is currently trading -3.10% lower than its 20-day SMA and -3.19% lower than its 100-day SMA. However, the stock’s current price level is +3.64% above the SMA50 and +17.40% above the SMA200.

The stochastic %K and %D were 67.15% and 70.08%, respectively, and the average true range (ATR) was 5.55. With the 14-day stochastic at 55.14% and the average true range at 5.90, the RSI (14) stands at 47.21%. The stock has reached 1.21 on the 9-day MACD Oscillator while the 14-day reading was at 1.15.

Analyst Ratings

Credit Suisse launched coverage on Dollar General Corporation (NYSE: DG) in its analyst report released on December 20, 2022. The firm assigned the stock a Neutral rating. The consensus rating for Dollar General Corporation (DG) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell DG, while 7 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 16 others rate it as a “buy”.

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

Analysts predict a range of price targets between $195.00 and $295.00, with a median target of $275.00. Taking a look at these predictions, the average price target given by analysts for Dollar General Corporation (DG) stock is $266.80.

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