Dollar General (NYSE:DG) Rating Lowered to Sell at Rothschild & Co Redburn

Dollar General (NYSE:DG) was downgraded by research analysts at Rothschild & Co Redburn from a “hold” rating to a “sell” rating in a report released on Tuesday, Marketbeat.com reports. They presently have a $111.00 price target on the stock. Rothschild & Co Redburn’s price target points to a potential downside of 26.99% from the company’s current price.

A number of other equities research analysts have also issued reports on DG. Barclays lifted their target price on Dollar General from $127.00 to $151.00 and gave the company an “overweight” rating in a research report on Thursday, January 8th. Wells Fargo & Company increased their price target on shares of Dollar General from $115.00 to $125.00 and gave the company an “equal weight” rating in a report on Friday, December 19th. JPMorgan Chase & Co. lifted their price target on shares of Dollar General from $166.00 to $170.00 and gave the company an “overweight” rating in a research report on Friday, January 9th. Truist Financial set a $144.00 target price on shares of Dollar General in a report on Friday, January 16th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $165.00 price target on shares of Dollar General in a report on Monday, January 12th. Fourteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $144.44.

Dollar General Stock Performance

Shares of Dollar General stock opened at $152.04 on Tuesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. Dollar General has a 52 week low of $70.01 and a 52 week high of $155.00. The stock has a market capitalization of $33.47 billion, a price-to-earnings ratio of 26.26, a PEG ratio of 2.49 and a beta of 0.25. The firm has a fifty day moving average of $143.14 and a two-hundred day moving average of $119.52.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.33. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The business had revenue of $10.65 billion for the quarter, compared to the consensus estimate of $10.60 billion. During the same period last year, the company posted $0.89 EPS. Dollar General’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. As a group, equities research analysts predict that Dollar General will post 5.75 EPS for the current year.

Insider Buying and Selling at Dollar General

In related news, EVP Rhonda Taylor sold 7,500 shares of the stock in a transaction on 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 completion of the sale, the executive vice president directly owned 73,492 shares in the company, valued at $9,913,335.88. This represents a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Roderick J. West sold 2,282 shares of Dollar General stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $133.35, for a total value of $304,304.70. Following the transaction, the executive vice president directly owned 36,108 shares in the company, valued at $4,815,001.80. The trade was a 5.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 58,673 shares of company stock worth $7,713,389 over the last quarter. Insiders own 0.56% of the company’s stock.

Institutional Investors Weigh In On Dollar General

Hedge funds have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Dollar General by 63.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 60,038 shares of the company’s stock worth $7,971,000 after buying an additional 23,302 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Dollar General by 15.6% during the 4th quarter. Raymond James Financial Inc. now owns 864,799 shares of the company’s stock valued at $114,971,000 after acquiring an additional 116,669 shares during the period. Beacon Pointe Advisors LLC bought a new position in Dollar General during the fourth quarter worth $347,000. EP Wealth Advisors LLC acquired a new position in shares of Dollar General during the fourth quarter valued at about $1,136,000. Finally, Mackenzie Financial Corp boosted its position in shares of Dollar General by 10.1% during the 4th quarter. Mackenzie Financial Corp now owns 478,278 shares of the company’s stock worth $64,832,000 after purchasing an additional 43,868 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors.

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.