For Dollar Tree Inc. [DLTR], Analyst sees a rise to $181. What next?

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Dollar Tree Inc. [NASDAQ: DLTR] price plunged by -0.95 percent to reach at -$1.64. The company report on July 21, 2022 that Bobby Aflatooni Joins Dollar Tree, Inc. as Chief Information Officer.


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Dollar Tree, Inc. (NASDAQ: DLTR) today announced a key executive leadership addition, as Bobby Aflatooni has joined the organization as Chief Information Officer.

“I am pleased to announce that Bobby Aflatooni has joined Dollar Tree as our new CIO. Bobby is a proven leader with a strong track-record of delivering results and leading multiple system transformations,” stated Mike Witynski, President and Chief Executive Officer. “The technology investments we will make over the next several years will be critical to our success as we enable our people, simplify work streams and accelerate our growth.”.

A sum of 3260900 shares traded at recent session while its average daily volume was at 2.45M shares. Dollar Tree Inc. shares reached a high of $173.999 and dropped to a low of $164.795 until finishing in the latest session at $171.68.

The one-year DLTR stock forecast points to a potential upside of 2.02. The average equity rating for DLTR stock is currently 2.40, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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 $175.22 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.

Piper Sandler have made an estimate for Dollar Tree Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on March 09, 2022. While these analysts kept the previous recommendation, Loop Capital raised their target price from $140 to $200. The new note on the price target was released on March 09, 2022, representing the official price target for Dollar Tree Inc. stock. Previously, the target price had yet another raise from $155 to $170, while BMO Capital Markets kept a Outperform rating on DLTR stock. On February 23, 2022, analysts increased their price target for DLTR shares from 175 to 180.

The Average True Range (ATR) for Dollar Tree Inc. is set at 4.68, with the Price to Sales ratio for DLTR stock in the period of the last 12 months amounting to 1.45. The Price to Book ratio for the last quarter was 4.69, with the Price to Cash per share for the same quarter was set at 5.40. Price to Free Cash Flow for DLTR in the course of the last twelve months was 27.48 with Quick ratio for the last quarter at 0.30.

DLTR Stock Performance Analysis:

Dollar Tree Inc. [DLTR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.73. With this latest performance, DLTR shares gained by 9.78% in over the last four-week period, additionally plugging by 30.73% over the last 6 months – not to mention a rise of 73.26% 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 64.15, with the RSI for the last a single of trading hit 67.57, and the three-weeks RSI is set at 60.96 for Dollar Tree Inc. [DLTR]. The present Moving Average for the last 50 days of trading for this stock 157.29, while it was recorded at 170.53 for the last single week of trading, and 142.56 for the last 200 days.

Insight into Dollar Tree Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Dollar Tree Inc. [DLTR] shares currently have an operating margin of +7.03 and a Gross Margin at +29.28. Dollar Tree Inc.’s Net Margin is presently recorded at +5.04.

Return on Equity for this stock inclined to 17.70, with Return on Assets sitting at 6.26.

Dollar Tree Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 1.50.

DLTR Stock EPS

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 16.55%.

Dollar Tree Inc. [DLTR] Insider Position Details

There are presently around $37,897 million, in the hands of institutional investors. The top three institutional holders of DLTR stocks are: VANGUARD GROUP INC with ownership of 24,419,973, which is approximately 1.886% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 16,463,828 shares of the stock with an approximate value of $2.85 billion in DLTR stocks shares; and MANTLE RIDGE LP, currently with $1.97 billion in DLTR stock with ownership of nearly 11365431% of the company’s market capitalization.

Positions in Dollar Tree Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 373 institutional holders increased their position in Dollar Tree Inc. [NASDAQ:DLTR] by around 35,825,580 shares. Additionally, 397 investors decreased positions by around 39,427,722 shares, while 128 investors held positions by with 143,400,288 shares. The mentioned changes placed institutional holdings at 218,653,590 shares, according to the latest SEC report filing. DLTR stock had 117 new institutional investments in for a total of 6,148,913 shares, while 88 institutional investors sold positions of 2,014,220 shares during the same period.

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