In the latest session, Dollar General Corp. (NYSE: DG) closed at $159.04 down -0.09% from its previous closing price of $159.18. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 3276182 shares were traded.
Ratios:
For a deeper understanding of Dollar General Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 65.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.52. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 15 ’23 when BRYANT WARREN F bought 850 shares for $130.18 per share. The transaction valued at 110,653 led to the insider holds 425 shares of the business.
Wenkoff Carman R bought 2,000 shares of DG for $212,500 on Sep 29 ’23. The EVP & Chief Information Ofc now owns 30,966 shares after completing the transaction at $106.25 per share. On Jun 08 ’23, another insider, CALBERT MICHAEL M, who serves as the Director of the company, bought 6,000 shares for $155.44 each. As a result, the insider paid 932,638 and bolstered with 6,000 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 34.94B and an Enterprise Value of 52.49B. As of this moment, Dollar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.06, and their Forward P/E ratio for the next fiscal year is 19.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 5.18. Its current Enterprise Value per Revenue stands at 1.36 whereas that against EBITDA is 15.93.
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 144.98, while the 200-Day Moving Average is calculated to be 139.29.
Shares Statistics:
For the past three months, DG has traded an average of 2.36M shares per day and 1.82M over the past ten days. A total of 219.66M shares are outstanding, with a floating share count of 218.91M. Insiders hold about 0.35% of the company’s shares, while institutions hold 93.22% stake in the company. Shares short for DG as of Mar 15, 2024 were 6.3M with a Short Ratio of 2.67, compared to 5.36M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.87% and a Short% of Float of 2.87%.
Dividends & Splits
According to the company, the forward annual dividend rate for DG is 2.36, from 2.36 in the trailing year. Against a Trailing Annual Dividend Yield of 1.48%, it implies a Forward Annual Dividend Yield of 1.48%. The stock’s 5-year Average Dividend Yield is 0.94.
Earnings Estimates
There are 21 different market analysts currently analyzing its stock. 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 $1.96, 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.
