At the time of writing, Dollar Tree Inc [DLTR] stock is trading at $120.98, up 2.57%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DLTR shares have gain 4.86% over the last week, with a monthly amount glided 1.00%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Dollar Tree Inc [NASDAQ: DLTR] stock has seen the most recent analyst activity on May 01, 2024, when KeyBanc Capital Markets upgraded its rating to a Overweight but kept the price target unchanged to $150 for it. Previously, Gordon Haskett downgraded its rating to Hold on April 03, 2024, and dropped its price target to $140. On February 07, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $160 on the stock. JP Morgan upgraded its rating to a Overweight and increased its price target to $157 on January 29, 2024. Goldman upgraded its rating to a Buy and reduced its price target to $137 on October 17, 2023. Exane BNP Paribas started tracking with a Outperform rating for this stock on October 10, 2023, and assigned it a price target of $139. In a note dated August 25, 2023, Telsey Advisory Group reiterated an Outperform rating on this stock and revised its target price from $162 to $160.
For the past year, the stock price of Dollar Tree Inc fluctuated between $102.77 and $154.96. Currently, Wall Street analysts expect the stock to reach $155.99 within the next 12 months. Dollar Tree Inc [NASDAQ: DLTR] shares were valued at $120.98 at the most recent close of the market. An investor can expect a potential return of 28.94% based on the average DLTR price forecast.
Analyzing the DLTR fundamentals
According to Dollar Tree Inc [NASDAQ:DLTR], the company’s sales were 30.60B for trailing twelve months, which represents an 11.97% jump. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.12 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.68.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 118.66 points at the first support level, and at 116.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 122.25, and for the 2nd resistance point, it is at 123.51.
Ratios To Look Out For
It is important to note that Dollar Tree Inc [NASDAQ:DLTR] has a current ratio of 1.31. Further, the Quick Ratio stands at 0.22, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 3.60.
Transactions by insiders
Recent insider trading involved Davis Jeffrey A., Chief Financial Officer, that happened on Apr 01 ’24 when 1800.0 shares were purchased. Director, HEINRICH DANIEL J completed a deal on Mar 18 ’24 to buy 1000.0 shares. Meanwhile, Director by deputization Mantle Ridge LP bought 0.74 million shares on Dec 20 ’23.
