Dollar General (NYSE:DG) Stock Rating Lowered by Wall Street Zen

Dollar General (NYSE:DG) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

Several other research firms have also commented on DG. JPMorgan Chase & Co. upped their target price on Dollar General from $166.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, January 9th. Gordon Haskett raised their price target on Dollar General from $170.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Telsey Advisory Group restated a “market perform” rating and issued a $140.00 price target on shares of Dollar General in a report on Tuesday, March 24th. Piper Sandler upped their price objective on shares of Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a research note on Friday, March 13th. Finally, Barclays reissued an “overweight” rating on shares of Dollar General in a research report on Thursday, March 12th. Fourteen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $145.19.

Dollar General Stock Performance

Shares of DG opened at $119.80 on Friday. Dollar General has a 1 year low of $84.70 and a 1 year high of $158.23. The company’s 50 day simple moving average is $140.35 and its 200 day simple moving average is $125.07. The company has a market capitalization of $26.38 billion, a price-to-earnings ratio of 17.49, a PEG ratio of 1.94 and a beta of 0.34. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13.

Dollar General (NYSE:DG) last released its earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.57 by $0.36. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The firm had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. During the same period in the previous year, the company earned $0.87 EPS. Dollar General’s revenue for the quarter was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. On average, sell-side analysts predict that Dollar General will post 5.75 EPS for the current year.

Hedge Funds Weigh In On Dollar General

Hedge funds and other institutional investors have recently made changes to their positions in the business. Caldwell Trust Co purchased a new position in Dollar General in the second quarter valued at about $25,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Dollar General in the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after buying an additional 182 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Dollar General in the third quarter valued at about $26,000. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Dollar General by 69.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after buying an additional 79 shares during the period. Institutional investors and hedge funds own 91.77% of the company’s stock.

About Dollar General

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.