Dollar Tree Inc [NASDAQ: DLTR] gained 5.22% or 4.82 points to close at $97.19 with a heavy trading volume of 3513497 shares.
The daily chart for DLTR points out that the company has recorded -30.52% loss over the past six months.
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If we look at the average trading volume of 2.81M shares, DLTR reached to a volume of 3513497 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 $137.05 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 2.04. 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 Neutral, with their previous recommendation back on July 16, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $160 to $155. The new note on the price target was released on June 06, 2024, representing the official price target for Dollar Tree Inc stock. Previously, the target price had yet another drop from $163 to $120, while Citigroup kept a Neutral 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 0.68. The Price to Book ratio for the last quarter was 2.87, with the Price to Cash per share for the same quarter was set at 2.88. Price to Free Cash Flow for DLTR in the course of the last twelve months was 52.19 with Quick ratio for the last quarter at 0.23.
Trading performance analysis for DLTR stock
Dollar Tree Inc [DLTR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.38. With this latest performance, DLTR shares dropped by -7.74% in over the last four-week period, additionally sinking by -30.52% over the last 6 months – not to mention a drop of -32.74% 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 42.05, with the RSI for the last a single of trading hit 46.81, and the three-weeks RSI is set at 40.32 for Dollar Tree Inc [DLTR]. The present Moving Average for the last 50 days of trading for this stock 104.21, while it was recorded at 94.19 for the last single week of trading, and 122.51 for the last 200 days.
Dollar Tree Inc [DLTR]: A deeper dive into fundamental analysis
Dollar Tree Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.23 and a Current Ratio set at 1.28.
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 15.28%.
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 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in DLTR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in DLTR stock with ownership which is approximately 5.1238%.
