Dollar Tree Inc [NASDAQ: DLTR] stock went on a downward path that fall over -1.12% on Thursday, amounting to a one-week price decrease of less than -2.38%.
Over the last 12 months, DLTR stock dropped by -44.21%. The one-year Dollar Tree Inc stock forecast points to a potential upside of 14.24. The average equity rating for DLTR stock is currently 2.52, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $15.23 billion, with 215.03 million shares outstanding and 214.80 million shares in the current float. Compared to the average trading volume of 4.36M shares, DLTR stock reached a trading volume of 2446209 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $82.59 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 2.52. 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.
KeyBanc Capital Markets have made an estimate for Dollar Tree Inc shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on November 07, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $95 to $75. The new note on the price target was released on November 05, 2024, representing the official price target for Dollar Tree Inc stock. Previously, the target price had yet another raise to $76, while Bernstein analysts kept a Mkt Perform rating on DLTR stock. On September 05, 2024, analysts decreased their price target for DLTR shares from 120 to 95.
The Average True Range (ATR) for Dollar Tree Inc is set at 2.92, with the Price to Sales ratio for DLTR stock in the period of the last 12 months amounting to 0.49. The Price to Book ratio for the last quarter was 1.99, with the Price to Cash per share for the same quarter was set at 3.24. Price to Free Cash Flow for DLTR in the course of the last twelve months was 17.84 with Quick ratio for the last quarter at 0.17.
DLTR Stock Performance Analysis:
Dollar Tree Inc [DLTR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.38. With this latest performance, DLTR shares gained by 13.75% in over the last four-week period, additionally sinking by -33.51% over the last 6 months – not to mention a drop of -44.21% 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 54.11, with the RSI for the last a single of trading hit 52.57, and the three-weeks RSI is set at 52.52 for Dollar Tree Inc [DLTR]. The present Moving Average for the last 50 days of trading for this stock 67.66, while it was recorded at 71.75 for the last single week of trading, and 98.35 for the last 200 days.
Insight into Dollar Tree Inc Fundamentals:
Dollar Tree Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.17 and a Current Ratio set at 1.03.
DLTR Stock EPS
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 12.00%.
Dollar Tree Inc [DLTR] Institutonal Ownership Details
There are presently around $100.29%, or 100.36%% of DLTR stock, in the hands of institutional investors. The top three institutional holders of DLTR stocks are: VANGUARD GROUP INC with ownership of 23.53 million shares, which is approximately 10.8023%. BLACKROCK INC., holding 16.43 million shares of the stock with an approximate value of $$1.75 billion in DLTR stocks shares; and BLACKROCK INC., currently with $$1.29 billion in DLTR stock with ownership which is approximately 5.5576%.
