Dollar Tree, Inc. (NASDAQ:DLTR) Given Consensus Recommendation of “Hold” by Brokerages

Dollar Tree, Inc. (NASDAQ:DLTR) has received an average recommendation of “Hold” from the twenty-two ratings firms that are covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $108.6316.

A number of brokerages recently issued reports on DLTR. Telsey Advisory Group reissued an “outperform” rating and issued a $130.00 price objective on shares of Dollar Tree in a report on Thursday, October 16th. Gordon Haskett lowered shares of Dollar Tree from a “hold” rating to a “reduce” rating and set a $95.00 price target on the stock. in a research report on Wednesday, September 3rd. Sanford C. Bernstein reiterated a “market perform” rating on shares of Dollar Tree in a report on Thursday, October 16th. Guggenheim reduced their target price on Dollar Tree from $130.00 to $125.00 and set a “buy” rating on the stock in a research report on Monday, September 8th. Finally, JPMorgan Chase & Co. raised their price objective on Dollar Tree from $138.00 to $140.00 and gave the stock an “overweight” rating in a research report on Thursday, September 4th.

Insider Buying and Selling

In other news, insider Robert Aflatooni sold 1,260 shares of the company’s stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $94.70, for a total value of $119,322.00. Following the transaction, the insider directly owned 21,402 shares in the company, valued at approximately $2,026,769.40. This represents a 5.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Stephanie Stahl sold 1,185 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $100.32, for a total value of $118,879.20. Following the completion of the sale, the director directly owned 4,089 shares in the company, valued at approximately $410,208.48. The trade was a 22.47% decrease in their position. The SEC filing for this sale provides additional information. 6.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. TD Private Client Wealth LLC increased its stake in Dollar Tree by 164.0% during the 2nd quarter. TD Private Client Wealth LLC now owns 264 shares of the company’s stock worth $26,000 after buying an additional 164 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Dollar Tree in the third quarter valued at $29,000. Brooklyn Investment Group boosted its holdings in Dollar Tree by 79.0% in the first quarter. Brooklyn Investment Group now owns 358 shares of the company’s stock valued at $27,000 after purchasing an additional 158 shares during the period. True Wealth Design LLC grew its stake in Dollar Tree by 372.5% during the 2nd quarter. True Wealth Design LLC now owns 378 shares of the company’s stock worth $37,000 after purchasing an additional 298 shares in the last quarter. Finally, Zions Bancorporation National Association UT purchased a new stake in Dollar Tree during the 1st quarter worth about $30,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Trading Up 1.6%

Shares of Dollar Tree stock opened at $104.75 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.27 and a debt-to-equity ratio of 0.67. The firm’s 50-day moving average price is $97.30 and its 200 day moving average price is $100.08. The firm has a market capitalization of $21.37 billion, a PE ratio of -7.72, a P/E/G ratio of 1.75 and a beta of 0.86. Dollar Tree has a twelve month low of $61.70 and a twelve month high of $118.06.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.39. Dollar Tree had a positive return on equity of 23.52% and a negative net margin of 13.46%.The company had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same quarter last year, the firm posted $0.67 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. On average, sell-side analysts predict that Dollar Tree will post 5.39 EPS for the current fiscal year.

Dollar Tree Company Profile

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.