Market Analysts see Dollar General Corp [DG] gaining to $98. Time to buy?

Dollar General Corp [NYSE: DG] traded at a low on Wednesday, posting a -4.22 loss after which it closed the day’ session at $73.27.

The results of the trading session contributed to over 7413839 shares changing hands. Over the past one week, the price volatility of Dollar General Corp stands at 3.54% while the volatility over the past one month is 2.77%.

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The market cap for DG stock reached $16.11 billion, with 219.66 million shares outstanding and 219.23 million shares in the current float. Compared to the average trading volume of 5.11M shares, DG reached a trading volume of 7413839 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 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 $94.85 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 2.59. 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.

Bernstein have made an estimate for Dollar General Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 22, 2024. While these analysts kept the previous recommendation, Citigroup dropped their target price from $91 to $73. The new note on the price target was released on September 27, 2024, representing the official price target for Dollar General Corp stock. Previously, the target price had yet another drop from $168 to $103, while Telsey Advisory Group kept a Market Perform rating on DG stock. On August 30, 2024, analysts decreased their price target for DG shares from 170 to 100.

The Average True Range (ATR) for Dollar General Corp is set at 2.39, with the Price to Sales ratio for DG stock in the period of the last 12 months amounting to 0.41. The Price to Book ratio for the last quarter was 2.22, with the Price to Cash per share for the same quarter was set at 5.56. Price to Free Cash Flow for DG in the course of the last twelve months was 9.54 with Quick ratio for the last quarter at 0.24.

How has DG stock performed recently?

Dollar General Corp [DG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.57. With this latest performance, DG shares dropped by -9.68% in over the last four-week period, additionally sinking by -48.24% over the last 6 months – not to mention a drop of -39.83% 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 31.54, with the RSI for the last a single of trading hit 28.96, and the three-weeks RSI is set at 32.69 for Dollar General Corp [DG]. The present Moving Average for the last 50 days of trading for this stock 81.54, while it was recorded at 75.96 for the last single week of trading, and 120.43 for the last 200 days.

Dollar General Corp [DG]: Deeper insight into the fundamentals

Dollar General Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.24 and a Current Ratio set at 1.22.

Earnings analysis for Dollar General Corp [DG]

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 -1.24%.

Insider trade positions for Dollar General Corp [DG]

There are presently around $94.43%, or 94.67%% 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%.