Gordon Haskett Increases Dollar General (NYSE:DG) Price Target to $180.00

Dollar General (NYSE:DG) had its target price increased by stock analysts at Gordon Haskett from $170.00 to $180.00 in a research report issued on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the stock. Gordon Haskett’s price objective would suggest a potential upside of 21.29% from the company’s current price.

A number of other analysts have also recently issued reports on the company. JPMorgan Chase & Co. increased their target price on Dollar General from $166.00 to $170.00 and gave the stock an “overweight” rating in a research note on Friday, January 9th. Daiwa Securities Group upped their price target on shares of Dollar General from $113.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, December 8th. Jefferies Financial Group reissued a “buy” rating and set a $165.00 price objective on shares of Dollar General in a research report on Monday, January 12th. Loop Capital boosted their price objective on shares of Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Finally, BNP Paribas Exane upped their target price on shares of Dollar General from $118.00 to $127.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $144.22.

Dollar General Price Performance

Shares of DG stock opened at $148.41 on Wednesday. The company has a quick ratio of 0.24, a current ratio of 1.17 and a debt-to-equity ratio of 0.63. Dollar General has a 12-month low of $70.01 and a 12-month high of $154.75. The firm has a fifty day moving average of $141.12 and a 200-day moving average of $118.15. The firm has a market capitalization of $32.67 billion, a price-to-earnings ratio of 25.63, a price-to-earnings-growth ratio of 2.45 and a beta of 0.25.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.33. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The firm had revenue of $10.65 billion for the quarter, compared to analyst estimates of $10.60 billion. During the same period in the previous year, the company posted $0.89 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. On average, equities research analysts forecast that Dollar General will post 5.75 earnings per share for the current year.

Insider Activity at Dollar General

In other news, CAO Anita C. Elliott sold 2,516 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $132.52, for a total value of $333,420.32. Following the completion of the transaction, the chief accounting officer owned 29,344 shares in the company, valued at $3,888,666.88. This trade represents a 7.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Rhonda Taylor sold 7,500 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $134.89, for a total value of $1,011,675.00. Following the sale, the executive vice president owned 73,492 shares in the company, valued at $9,913,335.88. The trade was a 9.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 58,673 shares of company stock worth $7,713,389. Corporate insiders own 0.56% of the company’s stock.

Institutional Investors Weigh In On Dollar General

Large investors have recently made changes to their positions in the stock. Hollencrest Capital Management acquired a new position in Dollar General during the fourth quarter worth $40,000. Affinity Investment Advisors LLC acquired a new stake in Dollar General in the fourth quarter valued at $1,584,000. DRW Securities LLC bought a new position in shares of Dollar General in the 4th quarter valued at about $508,000. Insigneo Advisory Services LLC grew its position in shares of Dollar General by 5.6% in the 4th quarter. Insigneo Advisory Services LLC now owns 2,372 shares of the company’s stock valued at $315,000 after acquiring an additional 125 shares during the period. Finally, Brooklyn Investment Group increased its stake in shares of Dollar General by 79.6% during the 4th quarter. Brooklyn Investment Group now owns 3,821 shares of the company’s stock worth $525,000 after purchasing an additional 1,694 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Company Profile

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.