Telsey Advisory Group lifts Dollar General Corp. [DG] price estimate. Who else is bullish?

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Dollar General Corp. [NYSE: DG] closed the trading session at $123.24.

The stocks have a year to date performance of -9.35 percent and weekly performance of 2.24 percent. The stock has been moved at -12.89 percent over the last six months. The stock has performed 5.29 percent around the most recent 30 days and changed -12.94 percent over the most recent 3-months.

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If compared to the average trading volume of 2.58M shares, DG reached to a volume of 2019572 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Dollar General Corp. [DG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DG shares is $146.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DG stock is a recommendation set at 2.31. 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 General Corp. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 31, 2024. The new note on the price target was released on March 15, 2024, representing the official price target for Dollar General Corp. stock. Previously, the target price had yet another raise from $120 to $158, while JP Morgan kept a Neutral rating on DG stock. On March 11, 2024, analysts increased their price target for DG shares from 135 to 155.

The Average True Range (ATR) for Dollar General Corp. is set at 3.70, with the Price to Sales ratio for DG stock in the period of the last 12 months amounting to 0.69. The Price to Book ratio for the last quarter was 3.87, with the Price to Cash per share for the same quarter was set at 3.28. Price to Free Cash Flow for DG in the course of the last twelve months was 22.86 with Quick ratio for the last quarter at 0.18.

DG stock trade performance evaluation

Dollar General Corp. [DG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.24. With this latest performance, DG shares gained by 5.29% in over the last four-week period, additionally sinking by -12.89% over the last 6 months – not to mention a drop of -22.89% 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 DG stock in for the last two-week period is set at 53.35, with the RSI for the last a single of trading hit 58.83, and the three-weeks RSI is set at 49.92 for Dollar General Corp. [DG]. The present Moving Average for the last 50 days of trading for this stock 124.07, while it was recorded at 122.78 for the last single week of trading, and 134.83 for the last 200 days.

Dollar General Corp. [DG]: An insightful look at the core fundamentals

Dollar General Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.18 and a Current Ratio set at 1.22.

Earnings per share (EPS) analysis for Dollar General Corp. [DG] stock

With the latest financial reports released by the company, Dollar General Corp. posted 2.13/share EPS, while the average EPS was predicted by analysts to be reported at 2.46/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.33. 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 DG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dollar General Corp. go to -1.50%.

Dollar General Corp. [DG]: Institutional Ownership

There are presently around $95.11%, or 95.35%% of DG stock, in the hands of institutional investors. The top three institutional holders of DG stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 25.22 million shares, which is approximately 11.4747%. VANGUARD GROUP INC, holding 24.94 million shares of the stock with an approximate value of $$3.3 billion in DG stocks shares; and VANGUARD GROUP INC, currently with $$2.87 billion in DG stock with ownership which is approximately 9.8838%.

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