At the last check on Friday, Dollar General Corporation’s (NYSE:DG) stock was up $3.04, moving up 1.89 percent to $163.54. The average number of shares traded per day over the past five days has been 1,671,766 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.12 fall in that time frame. In the last twenty days, the average volume was 1,734,692, while in the previous 50 days, it was 2,638,191.
Since last month, DG stock retreated -3.11%. Shares of the company fell to $159.87 on 08/17/23, the lowest level in the past month. A 52-week high of $261.59 was reached on 01/06/23 after having rallying from a 52-week low of $151.27. Since the beginning of this year, DG’s stock price has dropped by -33.59% or -$82.51, and marked a new high 2 times. However, the stock has declined by -37.48% since its 52-week high.
DG stock investors should be aware that Dollar General Corporation (DG) stock had its last reported insider trading activity 71 days ago on Jun 08. CALBERT MICHAEL M, the Director of the company, purchased of 6,000 shares for $155.44 on Jun 08. It resulted in a $932,638 investment by the insider. CALBERT MICHAEL M added 2,500 shares at an average price of $155.25 on Jun 08. The insider now owns 116,682 shares following the transaction. On Jun 06, Chief Executive Officer Owen Jeffery bought 1,500 shares at $157.86 apiece. The transaction was valued at $236,792.
Valuation Metrics
Right now, Dollar General Corporation (DG) has a P/E ratio of about 15.41. The stock’s beta is 0.29. Besides these, the trailing price-to-sales (P/S) ratio of 0.95, the price-to-book (PB) ratio of 6.04, and the price-to-cash flow ratio of 432.26 may also be considered.
The latest dividend of $0.59 per share was paid out, remained unchanged from last year’s $0.59. On Thursday March 16 2023, a $0.04 dividend increase was announced.
Financial Health
In the three months ended April 29, Dollar General Corporation’s quick ratio stood at 0.10, while its current ratio was 1.30, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending April 29 was 1.18, and the total debt-to-equity ratio was 1.23. On the profitability front, the trailing twelve-month gross margin is 31.30% percent. In the year ended April 29, EBITDA margin amounted to 10.72%, whereas operating margins totaled 8.60%. Based on annual data, DG earned $11.82 billion in gross profit and brought in $37.84 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 20.90%. Return on equity (ROE) for the past 12 months was 40.00%.
In Dollar General Corporation’s quarter-end financial report for April 29, it reported total debt of $7.03 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. DG’s revenue rose 6.33% to $10.2 billion during the quarter, while net income inched up to $9.34 billion. While analysts expected Dollar General Corporation to report $2.38 quarterly earnings, the actual figure was $2.34 per share, beating the consensus estimate by -1.70%. During the quarter, the company generated $942.76 million in EBITDA. The liabilities of Dollar General Corporation were 23.87 billion at the end of its most recent quarter ended April 29, and its total debt was $17.99 billion. The value of shareholders’ equity is $219.34 million.
Technical Picture
This quick technical analysis looks at Dollar General Corporation’s (DG) price momentum. With a historical volatility rate of 18.89%, the RSI 9-day stood at 44.89% on 17 August.
With respect to its five-day moving average, the current Dollar General Corporation price is down by -0.68% percent or -$1.12. At present, DG shares trade -2.01% below its 20-day simple moving average and -20.52% percent below its 100-day simple moving average. However, the stock is currently trading approximately +5.27% above its SMA50 and -35.80% below its SMA200.
Stochastic coefficient K was 21.96% and Stochastic coefficient D was 16.56%, while ATR was 3.21. Given the Stochastic reading of 36.50% for the 14-day period, the RSI (14) reading has been calculated as 44.15%. As of today, the MACD Oscillator reading stands at -1.62, while the 14-day reading stands at -2.95.
Analyst Ratings
Dollar General Corporation downgraded its rating on Dollar General Corporation (NYSE: DG) to an Equal weight in a note to investors on June 06, 2023. The analysts firm previously had an Overweight rating on the stock.Dollar General Corporation (DG) has been rated Overweight by analysts. According to 0 brokerage firms, DG is a sell, and 13 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate Dollar General Corporation stock as buy, with 14 recommending it as overweight.
With a median target price of $185.00, the current consensus forecast for the stock is $155.00 – $230.00. Based on these forecasts, analysts predict Dollar General Corporation (DG) will achieve an average price target of $186.52.
