As of Friday close, Dollar Tree Inc.’s (NASDAQ:DLTR) stock was down -$1.0, moving down -0.95 percent to $104.50. The average number of shares traded per day over the past five days has been 2,484,220 shares. 2 times new highs have been achieved over the past 5 days, with a -$7.85 fall in that time frame. In the last twenty days, the average volume was 2,676,450, while in the previous 50 days, it was 2,208,048.
Since last month, DLTR stock retreated -26.52%. Shares of the company fell to $104.09 on 09/22/23, the lowest level in the past month. A 52-week high of $170.36 was reached on 05/19/23 after having rallying from a 52-week low of $105.41. Since the beginning of this year, DLTR’s stock price has dropped by -26.12% or -$36.94, and marked a new high 13 times. However, the stock has declined by -38.66% since its 52-week high.
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DLTR stock investors should be aware that Dollar Tree Inc. (DLTR) stock had its last reported insider trading activity 92 days ago on Jun 23. Hulett Jennifer, the Chief Human Resources Officer of the company, disposed of 1,484 shares for $143.61 on Jun 23. It resulted in a $213,117 divestment by the insider. Davis Jeffrey A. added 1,790 shares at an average price of $139.06 on Mar 27. The insider now owns 15,006 shares following the transaction. On Mar 09, Chief Executive Officer DREILING RICHARD W bought 7,100 shares at $142.00 apiece. The transaction was valued at $1,008,200.
Valuation Metrics
Right now, Dollar Tree Inc. (DLTR) has a P/E ratio of about 19.03. The stock’s beta is 0.77. Besides these, the trailing price-to-sales (P/S) ratio of 0.79, the price-to-book (PB) ratio of 2.55, and the price-to-cash flow ratio of 44.89 may also be considered.
Financial Health
In the three months ended July 30, Dollar Tree Inc.’s quick ratio stood at 0.20, while its current ratio was 1.50, 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 July 30 was 0.38, and the total debt-to-equity ratio was 0.38. On the profitability front, the trailing twelve-month gross margin is 30.20% percent. In the year ended July 30, EBITDA margin amounted to 10.74%, whereas operating margins totaled 5.80%. Based on annual data, DLTR earned $8.94 billion in gross profit and brought in $28.33 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 14.30%. Return on equity (ROE) for the past 12 months was 13.90%.
In Dollar Tree Inc.’s quarter-end financial report for July 30, it reported total debt of $3.42 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DLTR’s revenue rose 7.6% to $7.32 billion during the quarter, while net income inched up to $7.33 billion. While analysts expected Dollar Tree Inc. to report $0.87 quarterly earnings, the actual figure was $0.91 per share, beating the consensus estimate by 4.60%. During the quarter, the company generated $491.5 million in EBITDA. The liabilities of Dollar Tree Inc. were 14.4 billion at the end of its most recent quarter ended July 30, and its total debt was $10.35 billion. The value of shareholders’ equity is $220.01 million.
Technical Picture
This quick technical analysis looks at Dollar Tree Inc.’s (DLTR) price momentum. With a historical volatility rate of 24.65%, the RSI 9-day stood at 10.77% on 22 September.
With respect to its five-day moving average, the current Dollar Tree Inc. price is down by -6.99% percent or -$7.85. At present, DLTR shares trade -15.64% below its 20-day simple moving average and -32.00% percent below its 100-day simple moving average. However, the stock is currently trading approximately -29.39% below its SMA50 and -29.32% below its SMA200.
Stochastic coefficient K was 5.65% and Stochastic coefficient D was 8.43%, while ATR was 2.86. Given the Stochastic reading of 2.66% for the 14-day period, the RSI (14) reading has been calculated as 14.15%. As of today, the MACD Oscillator reading stands at -3.57, while the 14-day reading stands at -5.63.
Analyst Ratings
Telsey Advisory Group reiterated its an Outperform rating on Dollar Tree Inc. (NASDAQ: DLTR) in a note to investors. The analysts firm has however raised their price target to $160, representing a possible 35.49% increase in the stock price. Dollar Tree Inc. (DLTR) has been rated Overweight by analysts. According to 0 brokerage firms, DLTR is a sell, and 11 firms recommend it is a Hold. There are 3 analysts who say the stock is underweight. A total of 2 analysts rate Dollar Tree Inc. stock as buy, with 11 recommending it as overweight.
With a median target price of $155.00, the current consensus forecast for the stock is $112.00 – $195.00. Based on these forecasts, analysts predict Dollar Tree Inc. (DLTR) will achieve an average price target of $153.79.
