A share price of Dollar Tree Inc [DLTR] is currently trading at $66.95, up 1.24%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DLTR shares have lost -1.34% over the last week, with a monthly amount drifted -5.10%, and not 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 October 22, 2024, when Bernstein initiated its Mkt Perform rating and assigned the stock a price target of $76. Previously, Telsey Advisory Group reaffirmed its Outperform rating on September 05, 2024, and dropped its price target to $95. On September 05, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $65 on the stock. BMO Capital Markets downgraded its rating to a Market Perform and decreased its price target to $68 on September 05, 2024. JP Morgan downgraded its rating to a Neutral and reduced its price target to $70 on September 04, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on August 30, 2024, and downed its price target to $120. In a note dated July 16, 2024, Piper Sandler downgraded an Neutral rating on this stock and revised its target price from $143 to $112.
Dollar Tree Inc experienced fluctuations in its stock price throughout the past year 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 $66.95 at the most recent close of the market. An investor can expect a potential return of 73.05% based on the average DLTR price forecast.
Analyzing the DLTR fundamentals
Trailing Twelve Months sales for Dollar Tree Inc [NASDAQ:DLTR] were 30.97B which represents 0.73% growth. 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 66.28 points at the first support level, and at 65.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.31, and for the 2nd resistance point, it is at 67.67.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Dollar Tree Inc [NASDAQ:DLTR] is 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 0.46, the price to book ratio is 1.95.
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.
