The price of Dollar General Corp. (NYSE: DG) closed at $154.37 in the last session, down -0.17% from day before closing price of $154.63. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 1791854 shares were traded.
Ratios:
We take a closer look at DG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 63.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.03. 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.
On March 12, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $120 to $158.
Telsey Advisory Group reiterated its Market Perform rating for the stock on March 11, 2024, while the target price for the stock was revised from $135 to $155.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 04 ’24 when Wenkoff Carman R sold 5,909 shares for $162.23 per share. The transaction valued at 958,616 led to the insider holds 28,579 shares of the business.
BRYANT WARREN F bought 850 shares of DG for $110,653 on Dec 15 ’23. The Director now owns 425 shares after completing the transaction at $130.18 per share. On Sep 29 ’23, another insider, Wenkoff Carman R, who serves as the EVP & Chief Information Ofc of the company, bought 2,000 shares for $106.25 each. As a result, the insider paid 212,500 and bolstered with 30,966 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 33.91B and an Enterprise Value of 51.46B. As of this moment, Dollar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.44, and their Forward P/E ratio for the next fiscal year is 18.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 5.02. Its current Enterprise Value per Revenue stands at 1.33 whereas that against EBITDA is 15.62.
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 147.81, while the 200-Day Moving Average is calculated to be 138.94.
Shares Statistics:
According to the various share statistics, DG traded on average about 2.40M shares per day over the past 3-months and 2.23M shares per day over the past 10 days. A total of 219.66M shares are outstanding, with a floating share count of 218.95M. Insiders hold about 0.33% of the company’s shares, while institutions hold 93.30% stake in the company. Shares short for DG as of Mar 28, 2024 were 6.32M with a Short Ratio of 2.63, compared to 4.85M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.88% and a Short% of Float of 3.25%.
Dividends & Splits
The forward annual dividend rate for DG is 2.36, which was 2.36 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.53%, it implies a Forward Annual Dividend Yield of 1.53%. The stock’s 5-year Average Dividend Yield is 0.94.
Earnings Estimates
The company has 21 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.57 for the current quarter, with a high estimate of $1.66 and a low estimate of $1.53, while EPS last year was $2.34. The consensus estimate for the next quarter is $1.95, with high estimates of $2.31 and low estimates of $1.64.
Analysts are recommending an EPS of between $7.55 and $7.04 for the fiscal current year, implying an average EPS of $7.25. EPS for the following year is $8.25, with 30 analysts recommending between $8.86 and $7.76.
Revenue Estimates
A total of 28 analysts have provided revenue estimates for DG’s current fiscal year. The highest revenue estimate was $41.26B, while the lowest revenue estimate was $40.45B, resulting in an average revenue estimate of $41.02B. In the same quarter a year ago, actual revenue was $38.69B, up 6.00% from the average estimate. Based on 28 analysts’ estimates, the company’s revenue will be $43.43B in the next fiscal year. The high estimate is $44.13B and the low estimate is $42.77B. The average revenue growth estimate for next year is up 5.90% from the average revenue estimate for this year.
