At the time of writing, Dollar Tree Inc [DLTR] stock is trading at $66.77, down -0.06%. 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 3.52% over the last week, with a monthly amount drifted -3.87%, 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 November 05, 2024, when Telsey Advisory Group downgraded its rating to a Market Perform and also revised its price target to $75 from $95. Previously, Bernstein started tracking the stock with Mkt Perform rating on October 22, 2024, and set its price target to $76. On September 05, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $95 on the stock. Loop Capital downgraded its rating to a Hold but stick to its price target of $65 on September 05, 2024. BMO Capital Markets downgraded its rating to a Market Perform and reduced its price target to $68 on September 05, 2024. JP Morgan downgraded its rating to Neutral for this stock on September 04, 2024, and downed its price target to $70. In a note dated August 30, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and revised its target price from $155 to $120.
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 $113.81 within the next 12 months. Dollar Tree Inc [NASDAQ: DLTR] shares were valued at $66.77 at the most recent close of the market. An investor can expect a potential return of 70.45% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.71.
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 65.76 points at the first support level, and at 64.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.66, and for the 2nd resistance point, it is at 68.54.
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 0.46, 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.
