Dollar Tree, Inc. (NASDAQ:DLTR) Given Average Rating of “Hold” by Analysts

Dollar Tree, Inc. (NASDAQ:DLTR) has been given a consensus rating of “Hold” by the twenty-three brokerages that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $111.2941.

Several equities analysts have weighed in on DLTR shares. Citigroup cut their price target on Dollar Tree from $130.00 to $124.00 and set a “buy” rating for the company in a report on Thursday, September 4th. Bank of America raised their target price on shares of Dollar Tree from $70.00 to $75.00 and gave the company an “underperform” rating in a report on Thursday, September 4th. Piper Sandler decreased their price target on shares of Dollar Tree from $112.00 to $108.00 and set a “neutral” rating on the stock in a research note on Thursday, September 4th. Barclays upgraded shares of Dollar Tree from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $95.00 to $138.00 in a research report on Monday, July 21st. Finally, Truist Financial boosted their target price on shares of Dollar Tree from $127.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd.

Insider Activity

In other news, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The stock was 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 of the company’s stock, valued at $410,208.48. This trade represents a 22.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 6.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Horizon Investments LLC increased its holdings in shares of Dollar Tree by 5.1% in the 1st quarter. Horizon Investments LLC now owns 2,905 shares of the company’s stock worth $218,000 after acquiring an additional 140 shares during the period. Applied Finance Capital Management LLC increased its stake in shares of Dollar Tree by 2.6% in the second quarter. Applied Finance Capital Management LLC now owns 5,507 shares of the company’s stock valued at $545,000 after purchasing an additional 140 shares during the period. Compton Wealth Advisory Group LLC raised its holdings in shares of Dollar Tree by 0.4% during the second quarter. Compton Wealth Advisory Group LLC now owns 34,561 shares of the company’s stock valued at $3,423,000 after buying an additional 148 shares during the last quarter. Brooklyn Investment Group boosted its position in shares of Dollar Tree by 79.0% during the first quarter. Brooklyn Investment Group now owns 358 shares of the company’s stock worth $27,000 after buying an additional 158 shares during the period. Finally, Private Trust Co. NA grew its holdings in Dollar Tree by 11.6% in the 1st quarter. Private Trust Co. NA now owns 1,527 shares of the company’s stock worth $115,000 after buying an additional 159 shares in the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree Price Performance

Shares of NASDAQ:DLTR opened at $89.98 on Friday. The firm has a market cap of $18.35 billion, a price-to-earnings ratio of -6.63, a P/E/G ratio of 1.64 and a beta of 0.85. The firm has a fifty day moving average price of $105.61 and a 200 day moving average price of $94.59. Dollar Tree has a fifty-two week low of $60.49 and a fifty-two week high of $118.06. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.27 and a current ratio of 1.04.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Wednesday, September 3rd. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.38 by $0.39. The business had revenue of $4.57 billion for the quarter, compared to analysts’ expectations of $4.46 billion. Dollar Tree had a negative net margin of 13.46% and a positive return on equity of 23.52%. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.67 EPS. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. As a group, sell-side analysts expect that Dollar Tree will post 5.39 earnings per share for the current fiscal year.

Dollar Tree announced that its Board of Directors has authorized a stock buyback program on Wednesday, July 9th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 11.5% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

About Dollar Tree

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.