At the time of writing, Dollar Tree Inc [DLTR] stock is trading at $69.36, down -0.39%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DLTR shares have gain 0.41% over the last week, with a monthly amount glided 4.18%, 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 September 05, 2024, when Telsey Advisory Group reiterated its Outperform rating and also revised its price target to $95 from $120. Previously, Loop Capital downgraded its rating to Hold on September 05, 2024, and kept the price target unchanged to $65. On September 05, 2024, downgrade downgraded it’s rating to Market Perform and revised its price target to $68 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $70 on September 04, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and reduced its price target to $120 on August 30, 2024. Piper Sandler downgraded its rating to Neutral for this stock on July 16, 2024, and downed its price target to $112. In a note dated June 06, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and revised its target price from $160 to $155.
For the past year, the stock price of Dollar Tree Inc fluctuated between $60.81 and $151.21. Currently, Wall Street analysts expect the stock to reach $115.86 within the next 12 months. Dollar Tree Inc [NASDAQ: DLTR] shares were valued at $69.36 at the most recent close of the market. An investor can expect a potential return of 67.04% based on the average DLTR price forecast.
Analyzing the DLTR fundamentals
According to Dollar Tree Inc [NASDAQ:DLTR], the company’s sales were 30.97B for trailing twelve months, which represents an 0.73% jump. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.0%, 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 -0.14 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.71.
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 68.76 points at the first support level, and at 68.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.84, and for the 2nd resistance point, it is at 70.32.
Ratios To Look Out For
It is important to note that Dollar Tree Inc [NASDAQ:DLTR] has a current ratio of 1.02. As well, the Quick Ratio is 0.17, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 2.02.
Transactions by insiders
Recent insider trading involved HEINRICH DANIEL J, Director, that happened on Sep 06 ’24 when 2200.0 shares were purchased. Chief Information Officer, Aflatooni Robert completed a deal on Jun 25 ’24 to sell 827.0 shares. Meanwhile, Chief Financial Officer Davis Jeffrey A. bought 1800.0 shares on Apr 01 ’24.
