The stock of Dollar Tree Inc. (NASDAQ:DLTR) decreased by -$1.12 on Tuesday to finish at $144.50, down -0.77 percent. The last five days have seen an average of 1,855,580 shares of common stock traded. 13 times new highs were reached in the current year, with a gain of $3.06. The average number of shares traded over the last 20 days was 1,659,155, while the average volume over the last 50 days totaled 1,937,332.
DLTR stock dropped -3.09% since last month. On 08/15/23, the company’s shares reached a one-month low of $143.14. The stock touched a high of $170.36 on 05/19/23, after rallying from a low of $128.85 in 52 weeks. The price of DLTR stock has risen by 2.16% or $3.06 this year, reaching a new high 13 times. Still, the stock price is down -15.18% from the 52-week high.
Insider Transactions
DLTR stock investors should be aware that Dollar Tree Inc. (DLTR) stock had its last reported insider trading activity 54 days ago on Jun 23. On Jun 23, Chief Human Resources Officer Hulett Jennifer sold 1,484 shares at $143.61 each. This transaction resulted in the insider making $213,117. On Mar 27, Davis Jeffrey A. added 1,790 shares at a price of US$139.06. After the transaction, the insider now owns 15,006 shares. Chief Executive Officer DREILING RICHARD W had earlier bought 7,100 shares on Mar 09 for $142.00 a share. The transaction was completed for $1,008,200.
Valuation Metrics
Dollar Tree Inc. (DLTR) has a trailing price-to-earnings (P/E) ratio of 23.37. Beta for the stock is 0.71. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.12, the price-to-book (PB) ratio of 3.59, and the price-to-cash flow ratio of 67.23.
Financial Health
For the three months ended April 29, Dollar Tree Inc.’s quick ratio was 0.30, while its current ratio was 1.50, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending April 29 is 0.38, and the total debt to equity ratio is 0.38. As far as profitability goes, gross margin for the trailing twelve months is 30.70% percent. Dollar Tree Inc.’s EBITDA margin for the year ended April 29 was 10.74%, whereas its operating margin stood at 6.70% for the same period. Based on annual data, it had gross profit of $8.94 billion and revenue of $28.33 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. DLTR’s return on assets (ROA) during the last 12 months has been 6.00%. There was a 14.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 16.10%.
Earnings Surprise
According to Dollar Tree Inc.’s quarterly financial report for the quarter that ended April 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $7.32 billion, while revenues rose by 5.75% to $7.72 billion. It was predicted that Dollar Tree Inc.’s quarterly earnings would be $1.47, but it ended up being $1.52, beating the consensus by -3.30%. EBITDA was $617.3 million for the quarter. At the end of Dollar Tree Inc.’s most recent quarter ended April 29, its liabilities totaled 14.21 billion, while its total debt was $10.15 billion. Equity owned by shareholders amounts to $220.38 million.
Technical Picture
Here’s a quick look at Dollar Tree Inc.’s (DLTR) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 29.41%, suggesting the stock is oversold, with a 12.32% historical volatility rate.
The stochastic %K and %D were 7.60% and 12.39% respectively, while the average true range (ATR) was 2.58. Based on the 14-day stochastic reading of 11.51%, the RSI (14) reading is 38.27%. On the 9-day MACD Oscillator, the stock is at -2.18, and the 14-day reading is at -3.79.
Analyst Ratings
Dollar Tree Inc. (NASDAQ: DLTR) was downgraded by JP Morgan to a a Neutral rating in its latest research report. The stock was previously rated as a an Overweight. Analysts have assigned Dollar Tree Inc. (DLTR) an Overweight rating. DLTR is a stock that is recommended for selling by 0 brokerage firms, while 13 companies recommend holding. The stock is underweighted by 3 analysts. Among the analysts who rate the stock, 2 rates it overweight and 10 others recommend it as a buy.
What is DLTR’s price target for the next 12 months?
The current consensus forecast for the stock is between $130.00 and $195.00, with a median target price of $162.00. In analyzing these forecasts, the average price target given by analysts for Dollar Tree Inc. (DLTR) is $158.30.
