Currently, Dollar Tree Inc [DLTR] is trading at $65.15, up 4.63%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DLTR shares have gain 4.39% over the last week, with a monthly amount drifted -3.81%, 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 07, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, Telsey Advisory Group downgraded its rating to Market Perform on November 05, 2024, and dropped its price target to $75. On October 22, 2024, Bernstein initiated with a Mkt Perform rating and assigned a price target of $76 on the stock. Telsey Advisory Group reiterated its Outperform rating and decreased its price target to $95 on September 05, 2024. Loop Capital downgraded its rating to a Hold but $65 remained the price target by the analyst firm on September 05, 2024. BMO Capital Markets downgraded its rating to Market Perform for this stock on September 05, 2024, and downed its price target to $68. In a note dated September 04, 2024, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $111 to $70.
This stock has fluctuated between a low of $60.49 and a high of $151.21 over the last 52 weeks. 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 $65.15 at the most recent close of the market. An investor can expect a potential return of 74.69% 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. 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 62.93 points at the first support level, and at 60.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 66.29, and for the 2nd resistance point, it is at 67.43.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Dollar Tree Inc [NASDAQ:DLTR] is 1.02. Further, the Quick Ratio stands at 0.17, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 1.90.
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.
