Dollar Tree Inc [NASDAQ: DLTR] traded at a low on Monday, posting a -2.41 loss after which it closed the day’ session at $118.81.
The results of the trading session contributed to over 5275401 shares changing hands. Over the past one week, the price volatility of Dollar Tree Inc stands at 2.49% while the volatility over the past one month is 2.40%.
The market cap for DLTR stock reached $25.90 billion, with 217.91 million shares outstanding and 217.33 million shares in the current float. Compared to the average trading volume of 2.91M shares, DLTR reached a trading volume of 5275401 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $151.51 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 2.03. 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.
Gordon Haskett have made an estimate for Dollar Tree Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 03, 2024. The new note on the price target was released on February 07, 2024, representing the official price target for Dollar Tree Inc stock. Previously, the target price had yet another raise from $122 to $157, while JP Morgan kept a Overweight rating on DLTR stock. On October 17, 2023, analysts decreased their price target for DLTR shares from 150 to 137.
The Average True Range (ATR) for Dollar Tree Inc is set at 3.08, with the Price to Sales ratio for DLTR stock in the period of the last 12 months amounting to 0.85. The Price to Book ratio for the last quarter was 3.54, with the Price to Cash per share for the same quarter was set at 3.14. Price to Free Cash Flow for DLTR in the course of the last twelve months was 44.89 with Quick ratio for the last quarter at 0.22.
How has DLTR stock performed recently?
Dollar Tree Inc [DLTR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.37. With this latest performance, DLTR shares dropped by -10.77% in over the last four-week period, additionally plugging by 9.18% over the last 6 months – not to mention a drop of -22.53% 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 28.94, with the RSI for the last a single of trading hit 22.54, and the three-weeks RSI is set at 33.37 for Dollar Tree Inc [DLTR]. The present Moving Average for the last 50 days of trading for this stock 133.82, while it was recorded at 121.44 for the last single week of trading, and 128.90 for the last 200 days.
Dollar Tree Inc [DLTR]: Deeper insight into the fundamentals
Dollar Tree Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.22 and a Current Ratio set at 1.31.
Earnings analysis for Dollar Tree Inc [DLTR]
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 9.48%.
Insider trade positions for Dollar Tree Inc [DLTR]
The top three institutional holders of DLTR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in DLTR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in DLTR stock with ownership which is approximately 5.8386%.
