The price of Dollar Tree Inc (NASDAQ: DLTR) closed at $127.25 in the last session, down -0.13% from day before closing price of $127.42. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 6223225 shares were traded.
Ratios:
We take a closer look at DLTR’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 40.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.06. 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:
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 Mar 18 ’24 when HEINRICH DANIEL J bought 1,000 shares for $127.85 per share. The transaction valued at 127,850 led to the insider holds 6,225 shares of the business.
Mantle Ridge LP bought 738,862 shares of DLTR for $99,281,877 on Dec 20 ’23. The Director by deputization now owns 12,104,493 shares after completing the transaction at $134.37 per share. On Oct 11 ’23, another insider, Aflatooni Robert, who serves as the Chief Information Officer of the company, sold 1,259 shares for $107.03 each. As a result, the insider received 134,754 and left with 7,157 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 27.72B and an Enterprise Value of 37.43B. 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 3.08. Its current Enterprise Value per Revenue stands at 1.22 whereas that against EBITDA is -915.07.
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 139.07, while the 200-Day Moving Average is calculated to be 130.81.
Shares Statistics:
According to the various share statistics, DLTR traded on average about 2.57M shares per day over the past 3-months and 4.98M shares per day over the past 10 days. 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 2.61, 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
The company has 22 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.47 for the current quarter, with a high estimate of $1.87 and a low estimate of $1.35, while EPS last year was $1.47. The consensus estimate for the next quarter is $1.22, with high estimates of $1.45 and low estimates of $1.04.
Analysts are recommending an EPS of between $7.1 and $6.73 for the fiscal current year, implying an average EPS of $6.94. EPS for the following year is $8.24, with 25 analysts recommending between $9.07 and $7.5.
Revenue Estimates
A total of 26 analysts have provided revenue estimates for DLTR’s current fiscal year. The highest revenue estimate was $33.1B, while the lowest revenue estimate was $30.6B, resulting in an average revenue estimate of $31.5B. In the same quarter a year ago, actual revenue was $30.6B, up 2.90% from the average estimate. Based on 24 analysts’ estimates, the company’s revenue will be $33.18B in the next fiscal year. The high estimate is $33.97B and the low estimate is $31.89B. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.
