Dollar Tree (NASDAQ:DLTR) Shares Gap Down – What’s Next?

Dollar Tree, Inc. (NASDAQ:DLTR)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $119.35, but opened at $115.50. Dollar Tree shares last traded at $119.7320, with a volume of 2,036,662 shares.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DLTR. Morgan Stanley increased their price target on shares of Dollar Tree from $126.00 to $130.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. Sanford C. Bernstein upped their price objective on Dollar Tree from $115.00 to $124.00 and gave the company a “market perform” rating in a research report on Friday, May 29th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Dollar Tree in a research note on Tuesday, March 17th. Freedom Capital cut Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Finally, BNP Paribas Exane boosted their target price on Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a research report on Friday, May 29th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $119.48.

Dollar Tree Trading Down 2.0%

The stock has a market capitalization of $22.47 billion, a P/E ratio of 18.28, a PEG ratio of 1.30 and a beta of 0.66. The stock’s fifty day moving average price is $102.66 and its 200 day moving average price is $114.78. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The company had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Research analysts forecast that Dollar Tree, Inc. will post 6.98 earnings per share for the current year.

Institutional Trading of Dollar Tree

Large investors have recently modified their holdings of the company. Cullen Frost Bankers Inc. bought a new stake in Dollar Tree during the 4th quarter valued at $25,000. Reflection Asset Management bought a new position in shares of Dollar Tree during the 4th quarter worth $25,000. Covestor Ltd increased its stake in shares of Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after buying an additional 84 shares during the period. Basecamp Wealth Advisors LLC increased its stake in shares of Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after buying an additional 97 shares during the period. Finally, Wilkerson Advisory Group LLC raised its holdings in shares of Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after acquiring an additional 117 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

About Dollar Tree

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.