Dollar Tree Inc. (NASDAQ:DLTR) saw an upside of 0.54% to $141.46 after adding $0.75on Wednesday. The 5-day average trading volume is 1,247,367 shares of the company’s common stock. It has gained $145.49 in the past week and touched a new high 1 time within the past 5 days. An average of 1,431,312 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,834,179.
DLTR’s 1-month performance is -6.88% or -$10.51 on its low of $139.69 reached on 08/22/23. The company’s shares have touched a 52-week low of $128.85 and high of $170.36, with the stock’s rally to the 52-week high happening on 05/19/23. YTD, DLTR has achieved 0.02% or -$0.38 and has reached a new high 13 times. However, the current price is down -16.96% from the 52-week high price.
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Insider Transactions
DLTR stock investors last saw insider trading activity on Jun 23.Hulett Jennifer (Chief Human Resources Officer) most recently sold 1,484 shares at $143.61 per share on Jun 23. This transaction cost the insider $213,117.
Valuation Metrics
DLTR stock has a beta of 0.72. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.08 while the price-to-book (PB) in the most recent quarter is 3.51, with the price to cash flow ratio at 64.92.
Dollar Tree Inc.’s quick ratio for the period ended April 29 was 0.30, with the current ratio over the same period at 1.50. As well, the company’s long term debt to equity for the quarter ending April 29 was 0.38, while the total debt to equity was 0.38. In terms of profitability, the gross margin trailing 12 months is 30.70%. The trailing 12-month EBITDA margin is 10.74% while for the period ending April 29, Dollar Tree Inc.’s operating margin was 6.70%. The firm’s gross profit as reported stood at $8.94 billion against revenue of $28.33 billion.
Earnings Surprise
For the quarterly period ending April 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -79.4% to $299.0 million, while revenue of $452.2 million was -51.24% off the previous quarter. Analysts expected DLTR to announce $1.52 per share in earnings in its latest quarter, but it posted $1.47, representing a -3.30% surprise. EBITDA for the quarter stood at more than $617.3 million. DLTR stock balance sheet for the quarter ending April 29 shows that total liabilities totaled 14.21 billion, with total debt at $10.15 billion. Shareholders hold equity totaling $220.38 million.
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 22 August was 25.33% to suggest the stock is trending oversold, with historical volatility in this time period at 8.10%.
The stock’s 5-day moving average is $141.71, reflecting a -2.21% or -$3.19 change from its current price. DLTR is currently trading -7.03% 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 +5.10% and SMA200 by-9.58%.
Stochastic %K and %D was 9.48% and 7.68% and the average true range (ATR) pointed at 2.41. The RSI (14) points at 32.83%, while the 14-day stochastic is at 10.73% with the period’s ATR at 2.49. The stock’s 9-day MACD Oscillator is pointing at -2.17 and -4.11 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Dollar Tree Inc. (NASDAQ: DLTR), JP Morgan downgraded it to a Neutral 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 Overweight. Currently, 0 brokerage advisors rate DLTR as a “sell,”, while 13 advise that investors “Hold.” 3 analysts have rated the stock as underweight. 2 rates the stock as overweight while 10 have offered a “buy” rating.
