Dollar Tree Inc. [DLTR] Revenue clocked in at $28.75 billion, down -11.98% YTD: What’s Next?

Dollar Tree Inc. [NASDAQ: DLTR] gained 1.13% or 1.39 points to close at $124.49 with a heavy trading volume of 4354797 shares. The company report on August 28, 2023 at 9:00 AM that Dollar Tree, Inc. Names Jonathan Leiken Chief Legal Officer and Corporate Secretary.

Dollar Tree, Inc. (NASDAQ: DLTR) today announced an addition to its executive leadership team, with Jonathan Leiken joining the organization as Executive Vice President, Chief Legal Officer and Secretary.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


Mr. Leiken has more than 20 years of legal experience, and he most recently served as Executive Vice President, Chief Legal Officer and Secretary of Diebold Nixdorf, Inc., a global technology company that provides systems, services and software to the world’s leading banks (ATMs) and retailers (point of sale and self-checkout). Prior to that, Mr. Leiken was a partner at global law firm Jones Day and an Assistant United States Attorney in the United States Department of Justice, U.S. Attorney’s Office for the Southern District of New York (Criminal Division).

It opened the trading session at $123.355, the shares rose to $124.58 and dropped to $121.80, the range by which the price of stock traded the whole day. The daily chart for DLTR points out that the company has recorded -15.95% loss over the past six months. However, it is still -1.72% lower than its most recent low trading price.

If we look at the average trading volume of 2.22M shares, DLTR reached to a volume of 4354797 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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 $154.31 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 2.50. 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 August 25, 2023.

The Average True Range (ATR) for Dollar Tree Inc. is set at 3.42, with the Price to Sales ratio for DLTR stock in the period of the last 12 months amounting to 0.96. The Price to Book ratio for the last quarter was 3.03, with the Price to Cash per share for the same quarter was set at 2.32. Price to Free Cash Flow for DLTR in the course of the last twelve months was 53.35 with Quick ratio for the last quarter at 0.20.

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 -12.47. With this latest performance, DLTR shares dropped by -18.65% in over the last four-week period, additionally sinking by -15.95% over the last 6 months – not to mention a drop of -9.40% 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 23.08, with the RSI for the last a single of trading hit 20.30, and the three-weeks RSI is set at 27.36 for Dollar Tree Inc. [DLTR]. The present Moving Average for the last 50 days of trading for this stock 144.89, while it was recorded at 123.87 for the last single week of trading, and 146.41 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 +8.03 and a Gross Margin at +31.43. Dollar Tree Inc.’s Net Margin is presently recorded at +5.70.

Return on Total Capital for DLTR is now 12.45, given the latest momentum, and Return on Invested Capital for the company is 9.58. Return on Equity for this stock inclined to 19.62, with Return on Assets sitting at 7.22. When it comes to the capital structure of this company, Dollar Tree Inc. [DLTR] has a Total Debt to Total Equity ratio set at 115.71. Additionally, DLTR Total Debt to Total Capital is recorded at 53.64, with Total Debt to Total Assets ending up at 43.99. Long-Term Debt to Equity for the company is recorded at 99.15, with the Long-Term Debt to Total Capital now at 45.96.

Reflecting on the efficiency of the workforce at the company, Dollar Tree Inc. [DLTR] managed to generate an average of $7,785 per employee.Dollar Tree Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 1.50.

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

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 19.74%.

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

The top three institutional holders of DLTR stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in DLTR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in DLTR stock with ownership which is approximately 5.7381%.

Leave a Comment

Your email address will not be published. Required fields are marked *