Dollar General Corp. (NYSE: DG) closed the day trading at $150.06 down -5.13% from the previous closing price of $158.17. In other words, the price has decreased by -$8.11 from its previous closing price. On the day, 9416448 shares were traded.
Ratios:
For a better understanding of DG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 61.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.63. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 2.68 whereas as Long-Term Debt/Eq ratio is at 2.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on March 12, 2024, Upgraded its rating to Neutral and sets its target price to $158 from $120 previously.
On March 11, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $135 to $155.
Morgan Stanley Upgraded its Equal-Weight to Overweight on January 16, 2024, whereas the target price for the stock was revised from $130 to $160.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 29 ’23 when Wenkoff Carman R bought 2,000 shares for $106.25 per share. The transaction valued at 212,500 led to the insider holds 30,966 shares of the business.
CALBERT MICHAEL M bought 6,000 shares of DG for $932,638 on Jun 08 ’23. The Director now owns 6,000 shares after completing the transaction at $155.44 per share. On Jun 08 ’23, another insider, CALBERT MICHAEL M, who serves as the Director of the company, bought 2,500 shares for $155.25 each. As a result, the insider paid 388,125 and bolstered with 116,682 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DG now has a Market Capitalization of 32.94B and an Enterprise Value of 50.66B. As of this moment, Dollar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.87, and their Forward P/E ratio for the next fiscal year is 18.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 5.10. Its current Enterprise Value per Revenue stands at 1.30 whereas that against EBITDA is 14.00.
Stock Price History:
Over the past 52 weeks, DG has reached a high of $222.99, while it has fallen to a 52-week low of $101.09. The 50-Day Moving Average of the stock is 139.93, while the 200-Day Moving Average is calculated to be 140.02.
Shares Statistics:
Over the past 3-months, DG traded about 2.46M shares per day on average, while over the past 10 days, DG traded about 3.73M shares per day. A total of 219.10M shares are outstanding, with a floating share count of 218.80M. Insiders hold about 0.32% of the company’s shares, while institutions hold 93.34% stake in the company. Shares short for DG as of Feb 29, 2024 were 4.85M with a Short Ratio of 1.97, compared to 6.68M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.21% and a Short% of Float of 2.21%.
Dividends & Splits
DG’s forward annual dividend rate is 2.36, up from 2.36 a year ago. Against a Trailing Annual Dividend Yield of 1.49%, it implies a Forward Annual Dividend Yield of 1.57%. The stock’s 5-year Average Dividend Yield is 0.93.
Earnings Estimates
Current recommendations for the stock of the company come from 22 analysts. On average, analysts expect EPS of $1.75 for the current quarter, with a high estimate of $1.99 and a low estimate of $1.55, while EPS last year was $2.96. The consensus estimate for the next quarter is $1.89, with high estimates of $2.53 and low estimates of $1.58.
Analysts are recommending an EPS of between $7.89 and $7.27 for the fiscal current year, implying an average EPS of $7.48. EPS for the following year is $7.55, with 30 analysts recommending between $8.93 and $7.04.
Revenue Estimates
19 analysts predict $9.78B in revenue for the current quarter. It ranges from a high estimate of $9.93B to a low estimate of $9.62B. As of the current estimate, Dollar General Corp.’s year-ago sales were $10.2B, an estimated decrease of -4.10% from the year-ago figure.
A total of 26 analysts have provided revenue estimates for DG’s current fiscal year. The highest revenue estimate was $38.84B, while the lowest revenue estimate was $38.46B, resulting in an average revenue estimate of $38.63B. In the same quarter a year ago, actual revenue was $37.84B, up 2.10% from the average estimate. Based on 27 analysts’ estimates, the company’s revenue will be $40.33B in the next fiscal year. The high estimate is $41.31B and the low estimate is $39.11B. The average revenue growth estimate for next year is up 4.40% from the average revenue estimate for this year.
