After finishing at $149.69 in the prior trading day, Dollar Tree Inc (NASDAQ: DLTR) closed at $128.42, down -14.21%. In other words, the price has decreased by -$21.27 from its previous closing price. On the day, 14553164 shares were traded.
Ratios:
Our goal is to gain a better understanding of DLTR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.50. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.21.
On January 29, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $122 to $157.
Goldman Upgraded its Neutral to Buy on October 17, 2023, whereas the target price for the stock was revised from $150 to $137.
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 Dec 20 ’23 when Mantle Ridge LP bought 738,862 shares for $134.37 per share. The transaction valued at 99,281,877 led to the insider holds 12,104,493 shares of the business.
Aflatooni Robert sold 1,259 shares of DLTR for $134,754 on Oct 11 ’23. The Chief Information Officer now owns 7,157 shares after completing the transaction at $107.03 per share. On Sep 22 ’23, another insider, HEINRICH DANIEL J, who serves as the Director of the company, bought 1,650 shares for $105.24 each. As a result, the insider paid 173,646 and bolstered with 1,650 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, DLTR now has a Market Capitalization of 32.62B and an Enterprise Value of 42.87B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 3.11. Its current Enterprise Value per Revenue stands at 1.44 whereas that against EBITDA is 17.58.
Stock Price History:
Over the past 52 weeks, DLTR has reached a high of $161.10, while it has fallen to a 52-week low of $102.77. The 50-Day Moving Average of the stock is 139.78, while the 200-Day Moving Average is calculated to be 130.99.
Shares Statistics:
The stock has traded on average 2.28M shares per day over the past 3-months and 3.83M shares per day over the last 10 days, according to various share statistics. A total of 221.22M shares are outstanding, with a floating share count of 217.28M. Insiders hold about 0.27% of the company’s shares, while institutions hold 102.06% stake in the company. Shares short for DLTR as of Feb 29, 2024 were 6.69M with a Short Ratio of 2.94, compared to 7.35M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.07% and a Short% of Float of 3.70%.
Earnings Estimates
Its stock is currently analyzed by 20 different market analysts. On average, analysts expect EPS of $2.65 for the current quarter, with a high estimate of $2.75 and a low estimate of $2.57, while EPS last year was $2.04. The consensus estimate for the next quarter is $1.69, with high estimates of $1.87 and low estimates of $1.54.
Analysts are recommending an EPS of between $6.06 and $5.77 for the fiscal current year, implying an average EPS of $5.96. EPS for the following year is $7.04, with 26 analysts recommending between $7.27 and $6.73.
Revenue Estimates
21 analysts predict $8.67B in revenue for the current quarter. It ranges from a high estimate of $8.83B to a low estimate of $8.56B. As of the current estimate, Dollar Tree Inc’s year-ago sales were $7.72B, an estimated increase of 12.30% from the year-ago figure.
A total of 25 analysts have provided revenue estimates for DLTR’s current fiscal year. The highest revenue estimate was $31.89B, while the lowest revenue estimate was $30.52B, resulting in an average revenue estimate of $30.66B. In the same quarter a year ago, actual revenue was $28.33B, up 8.20% from the average estimate. Based on 26 analysts’ estimates, the company’s revenue will be $31.65B in the next fiscal year. The high estimate is $32.15B and the low estimate is $31.13B. The average revenue growth estimate for next year is up 3.20% from the average revenue estimate for this year.
