At the time of writing, Dollar General Corp. [DG] stock is trading at $81.40, up 0.44%. An important factor to consider is whether the stock is rising or falling in short-term value. The DG shares have lost -0.61% over the last week, with a monthly amount drifted -3.39%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Dollar General Corp. [NYSE: DG] stock has seen the most recent analyst activity on October 22, 2024, when Bernstein initiated its Outperform rating and assigned the stock a price target of $98. Previously, Citigroup downgraded its rating to Sell on September 27, 2024, and dropped its price target to $73. On August 30, 2024, downgrade downgraded it’s rating to Market Perform and revised its price target to $103 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $100 on August 30, 2024. Gordon Haskett downgraded its rating to a Hold but $90 remained the price target by the analyst firm on August 30, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on May 31, 2024, and downed its price target to $168. In a note dated March 15, 2024, Telsey Advisory Group upgraded an Outperform rating on this stock but restated the target price of $170.
For the past year, the stock price of Dollar General Corp. fluctuated between $77.96 and $168.07. Currently, Wall Street analysts expect the stock to reach $151.2 within the next 12 months. Dollar General Corp. [NYSE: DG] shares were valued at $81.40 at the most recent close of the market. An investor can expect a potential return of 85.75% based on the average DG price forecast.
Analyzing the DG fundamentals
According to Dollar General Corp. [NYSE:DG], the company’s sales were 39.68B for trailing twelve months, which represents an 4.23% jump. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.21 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.16.
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 80.84 points at the first support level, and at 80.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 81.81, and for the 2nd resistance point, it is at 82.23.
Ratios To Look Out For
It is important to note that Dollar General Corp. [NYSE:DG] has a current ratio of 1.22. On the other hand, the Quick Ratio is 0.24, and the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 2.47 and price to earnings (TTM) ratio is 12.65.
Transactions by insiders
Recent insider trading involved Deckard Steven R, EVP, Store Ops & Development, that happened on Sep 18 ’24 when 2010.0 shares were sold. Officer, STEVEN DECKARD completed a deal on Sep 18 ’24 to buy 2010.0 shares. Meanwhile, EVP, Global Supply Chain West Roderick J sold 2510.0 shares on Sep 12 ’24.
