Dollar Tree (NASDAQ:DLTR) Posts Earnings Results, Beats Estimates By $0.09 EPS

Dollar Tree (NASDAQ:DLTR) released its quarterly earnings results on Wednesday. The company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.09, RTT News reports. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. During the same quarter in the previous year, the firm earned $1.43 EPS. Dollar Tree updated its FY 2025 guidance to 5.150-5.650 EPS.

Dollar Tree Trading Up 6.0%

Shares of Dollar Tree stock opened at $96.72 on Wednesday. The stock has a market capitalization of $20.80 billion, a P/E ratio of -20.28, a P/E/G ratio of 2.16 and a beta of 0.84. Dollar Tree has a 52-week low of $60.49 and a 52-week high of $121.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. The stock’s 50-day simple moving average is $81.35 and its 200 day simple moving average is $74.83.

Analysts Set New Price Targets

DLTR has been the topic of several recent analyst reports. JPMorgan Chase & Co. dropped their target price on shares of Dollar Tree from $88.00 to $78.00 and set a “neutral” rating on the stock in a research report on Thursday, March 27th. Sanford C. Bernstein set a $82.00 target price on Dollar Tree and gave the company a “market perform” rating in a report on Monday, May 5th. Guggenheim reiterated a “buy” rating and set a $100.00 price target (up from $95.00) on shares of Dollar Tree in a report on Monday, May 5th. Truist Financial boosted their price objective on Dollar Tree from $89.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Loop Capital restated a “hold” rating on shares of Dollar Tree in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $85.42.

Insiders Place Their Bets

In other Dollar Tree news, CAO Aditya Maheshwari sold 1,238 shares of the stock in a transaction on Monday, April 14th. The stock was sold at an average price of $74.70, for a total transaction of $92,478.60. Following the sale, the chief accounting officer now owns 4,231 shares in the company, valued at $316,055.70. This represents a 22.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William W. Douglas III purchased 701 shares of the business’s stock in a transaction dated Wednesday, April 2nd. The stock was bought at an average cost of $75.00 per share, with a total value of $52,575.00. Following the completion of the acquisition, the director now directly owns 1,377 shares of the company’s stock, valued at approximately $103,275. This trade represents a 103.70% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 6.60% of the company’s stock.

Institutional Investors Weigh In On Dollar Tree

Several hedge funds and other institutional investors have recently modified their holdings of DLTR. Woodline Partners LP boosted its position in shares of Dollar Tree by 40.7% in the first quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock valued at $1,282,000 after acquiring an additional 4,941 shares during the period. NewEdge Advisors LLC increased its holdings in Dollar Tree by 3,237.4% during the 1st quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock worth $1,032,000 after acquiring an additional 13,338 shares during the period. Finally, Focus Partners Wealth increased its holdings in Dollar Tree by 2.0% during the 1st quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock worth $799,000 after acquiring an additional 213 shares during the period. 97.40% of the stock is currently owned by institutional investors.

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.