Tuesday, December 1, 2020

Dollar Tree Inc. [DLTR] Stock trading around $87.77 per share: What’s Next?

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Dollar Tree Inc. [NASDAQ: DLTR] loss -1.49% on the last trading session, reaching $87.77 price per share at the time. Dollar Tree Inc. represents 236.90 million in outstanding shares, while the company has a total market value of $21.14 billion with the latest information. DLTR stock price has been found in the range of $86.13 to $90.25.

If compared to the average trading volume of 3.18M shares, DLTR reached a trading volume of 2760540 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Here is what top equities market gurus are saying about Dollar Tree Inc. [DLTR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DLTR shares is $104.78 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DLTR stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Telsey Advisory Group have made an estimate for Dollar Tree Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 29, 2020. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on May 18, 2020, representing the official price target for Dollar Tree Inc. stock. Previously, the target price had yet another raise to $103, while Citigroup analysts kept a Buy rating on DLTR stock.

The Average True Range (ATR) for Dollar Tree Inc. is set at 3.12, with the Price to Sales ratio for DLTR stock in the period of the last 12 months amounting to 0.88. The Price to Book ratio for the last quarter was 3.19, with the Price to Cash per share for the same quarter was set at 7.29. Price to Free Cash Flow for DLTR in the course of the last twelve months was 8.73 with Quick ratio for the last quarter at 0.40.

Trading performance analysis for DLTR stock

Dollar Tree Inc. [DLTR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.52. With this latest performance, DLTR shares gained by 17.88% in over the last four-week period, additionally sinking by -4.08% over the last 6 months – not to mention a drop of -19.23% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DLTR stock in for the last two-week period is set at 51.06, with the RSI for the last a single of trading hit 43.57, and the three-weeks RSI is set at 53.13 for Dollar Tree Inc. [DLTR]. The present Moving Average for the last 50 days of trading for this stock 81.82, while it was recorded at 90.93 for the last single week of trading, and 93.37 for the last 200 days.

Dollar Tree Inc. [DLTR]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Dollar Tree Inc. [DLTR] shares currently have an operating margin of +6.79 and a Gross Margin at +29.60. Dollar Tree Inc.’s Net Margin is presently recorded at +3.50.

Return on Total Capital for DLTR is now 12.23, given the latest momentum, and Return on Invested Capital for the company is 6.71. Return on Equity for this stock inclined to 13.90, with Return on Assets sitting at 4.98. When it comes to the capital structure of this company, Dollar Tree Inc. [DLTR] has a Total Debt to Total Equity ratio set at 160.37. Additionally, DLTR Total Debt to Total Capital is recorded at 61.59, with Total Debt to Total Assets ending up at 51.24. Long-Term Debt to Equity for the company is recorded at 135.92, with the Long-Term Debt to Total Capital now at 52.20.

Reflecting on the efficiency of the workforce at the company, Dollar Tree Inc. [DLTR] managed to generate an average of $4,283 per employee. Receivables Turnover for the company is 220.46 with a Total Asset Turnover recorded at a value of 1.42.Dollar Tree Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 1.10.

Dollar Tree Inc. [DLTR]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Dollar Tree Inc. posted 0.76/share EPS, while the average EPS was predicted by analysts to be reported at 0.81/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -6.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DLTR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dollar Tree Inc. go to 6.96%.

An analysis of insider ownership at Dollar Tree Inc. [DLTR]

There are presently around $19,015 million, or 92.40% of DLTR stock, in the hands of institutional investors. The top three institutional holders of DLTR stocks are: VANGUARD GROUP INC with ownership of 26,248,043, which is approximately 2.128% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 19,657,751 shares of the stock with an approximate value of $1.73 billion in DLTR stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $1.52 billion in DLTR stock with ownership of nearly -30.297% of the company’s market capitalization.

301 institutional holders increased their position in Dollar Tree Inc. [NASDAQ:DLTR] by around 31,412,034 shares. Additionally, 421 investors decreased positions by around 40,127,647 shares, while 92 investors held positions by with 145,106,563 shares. The mentioned changes placed institutional holdings at 216,646,244 shares, according to the latest SEC report filing. DLTR stock had 90 new institutional investments in for a total of 6,633,721 shares, while 144 institutional investors sold positions of 10,728,265 shares during the same period.

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