Dollar Tree Inc [DLTR] stock is trading at $99.19, down -1.31%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DLTR shares have gain 7.29% over the last week, with a monthly amount drifted -7.48%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Dollar Tree Inc [NASDAQ: DLTR] stock has seen the most recent analyst activity on July 16, 2024, when Piper Sandler downgraded its rating to a Neutral and also revised its price target to $112 from $143. Previously, Telsey Advisory Group reaffirmed its Outperform rating on June 06, 2024, and dropped its price target to $155. On June 06, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $120 on the stock. KeyBanc Capital Markets upgraded its rating to a Overweight but stick to its price target of $150 on May 01, 2024. Gordon Haskett downgraded its rating to a Hold and reduced its price target to $140 on April 03, 2024. Gordon Haskett upgraded its rating to Buy for this stock on February 07, 2024, but kept the price target unchanged to $160. In a note dated January 29, 2024, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $122 to $157.
Dollar Tree Inc [DLTR] stock has fluctuated between $91.40 and $151.21 over the past year. Currently, Wall Street analysts expect the stock to reach $149.44 within the next 12 months. Dollar Tree Inc [NASDAQ: DLTR] shares were valued at $99.19 at the most recent close of the market. An investor can expect a potential return of 50.66% based on the average DLTR price forecast.
Analyzing the DLTR fundamentals
Dollar Tree Inc [NASDAQ:DLTR] reported sales of 30.91B for the trailing twelve months, which represents a growth of 4.22%. Gross Profit Margin for this corporation currently stands at 0.31% 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 98.47 points at the first support level, and at 97.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 100.22, and for the 2nd resistance point, it is at 101.26.
Ratios To Look Out For
For context, Dollar Tree Inc’s Current Ratio is 1.28. Also, the Quick Ratio is 0.23, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 0.69, the price to book ratio is 2.93.
Transactions by insiders
Recent insider trading involved Aflatooni Robert, Chief Information Officer, that happened on Jun 25 ’24 when 827.0 shares were sold. Chief Financial Officer, Davis Jeffrey A. completed a deal on Apr 01 ’24 to buy 1800.0 shares. Meanwhile, Director HEINRICH DANIEL J bought 1000.0 shares on Mar 18 ’24.
