What Analysts Say about the Dollar General Corporation (DG) Stock

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Dollar General Corporation (NYSE:DG) saw an upside of 1.68% to $238.06 after adding $3.94 on Wednesday. The 5-day average trading volume is 1,776,946 shares of the company’s common stock. It has gained $237.52 in the past week and touched a new high 5 times within the past 5 days. An average of 1,881,707 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,051,971.

DG’s 1-month performance is -4.26% or -$10.55 on its low of $220.05 reached on 01/19/23. The company’s shares have touched a 52-week low of $183.25 and high of $262.20, with the stock’s rally to the 52-week high happening on 01/06/23. YTD, DG has lost -4.93% or -$9.25 and has reached a new high 2 times. However, the current price is down -9.21% from the 52-week high price.


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Insider Transactions

DG stock investors last saw insider trading activity on Jan 04.BRYANT WARREN F (Director) most recently sold 1,951 shares at $243.93 per share on Jan 04. This transaction cost the insider $475,913. EVP & Chief Information Ofc, Wenkoff Carman R, sold 10,000 shares at a price of $240.49 on Sep 30. Then, on Sep 01, Chief Executive Officer VASOS TODD J sold 97,259 shares at a price of $241.55 per share. This transaction amounted to $23,492,481.

Valuation Metrics

DG stock has a beta of 0.36. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.40 while the price-to-book (PB) in the most recent quarter is 8.63, with the price to cash flow ratio at 1044.04.

Dollar General Corporation’s quick ratio for the period ended October 30 was 0.10, with the current ratio over the same period at 1.20. In terms of profitability, the gross margin trailing 12 months is 31.30%. The firm’s gross profit as reported stood at $10.81 billion against revenue of $34.22 billion.

Earnings Surprise

For the quarterly period ending October 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 7.44% to $526.17 million, while revenue of $678.03 million was -28.86% off the previous quarter. Analysts expected DG to announce $2.53 per share in earnings in its latest quarter, but it posted $2.33, representing a -7.90% surprise. EBITDA for the quarter stood at more than $918.34 million. DG stock balance sheet for the quarter ending October 30 shows that total liabilities totaled 22.91 billion, with total debt at $16.44 billion. Shareholders hold equity totaling $223.57 million.

Let’s look briefly at Dollar General Corporation (DG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 51.94% to suggest the stock is trending Neutral, with historical volatility in this time period at 24.52%.

The stock’s 5-day moving average is $231.45, reflecting a +4.76% or $10.77 change from its current price. DG is currently trading -4.26% above its 20-day SMA, -0.18% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -6.67% and SMA200 by-1.94%.

Stochastic %K and %D was 45.28% and 37.23% and the average true range (ATR) pointed at 5.46. The RSI (14) points at 47.87%, while the 14-day stochastic is at 54.77% with the period’s ATR at 5.60. The stock’s 9-day MACD Oscillator is pointing at 2.77 and -1.31 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Dollar General Corporation (NYSE: DG), Credit Suisse launched coverage with a Neutral rating. Analysts offering their rating for DG stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate DG as a “sell,”, while 8 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 4 rates the stock as overweight while 16 have offered a “buy” rating.

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

Analysts have a consensus price target ranging from a low of $191.00 and a high of $295.00, with their median price target at $275.00. Looking at these predictions, the average price target given by analysts is for Dollar General Corporation (DG) stock is $265.96.

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