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The closing price of Dollar Tree Inc (NASDAQ: DLTR) was $69.70 for the day, up 2.67% from the previous closing price of $67.89. In other words, the price has increased by $2.67 from its previous closing price. On the day, 5.03 million shares were traded. DLTR stock price reached its highest trading level at $70.7897 during the session, while it also had its lowest trading level at $68.74.
Ratios:
Our analysis of DLTR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.51. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 1.46 whereas as Long-Term Debt/Eq ratio is at 1.09.
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 this company, Telsey Advisory Group on September 05, 2024, Reiterated its Outperform rating but revised its target price to $95 from $120 previously.
On September 05, 2024, Loop Capital Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $65.
BMO Capital Markets Downgraded its Outperform to Market Perform on September 05, 2024, whereas the target price for the stock was revised from $130 to $68.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 06 ’24 when HEINRICH DANIEL J bought 2,200 shares for $68.27 per share. The transaction valued at 150,194 led to the insider holds 9,823 shares of the business.
Aflatooni Robert sold 827 shares of DLTR for $87,315 on Jun 25 ’24. The Chief Information Officer now owns 9,725 shares after completing the transaction at $105.58 per share. On Apr 01 ’24, another insider, Davis Jeffrey A., who serves as the Chief Financial Officer of the company, bought 1,800 shares for $136.00 each. As a result, the insider paid 244,794 and bolstered with 19,047 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 14984941568 and an Enterprise Value of 25212250112. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 0.814 whereas that against EBITDA is 9.68.
Stock Price History:
Over the past 52 weeks, DLTR has reached a high of $151.21, while it has fallen to a 52-week low of $60.81. The 50-Day Moving Average of the stock is -26.71%, while the 200-Day Moving Average is calculated to be -41.73%.
Shares Statistics:
DLTR traded an average of 3.82M shares per day over the past three months and 9854110 shares per day over the past ten days. A total of 217.91M shares are outstanding, with a floating share count of 214.79M. Insiders hold about 0.10% of the company’s shares, while institutions hold 97.88% stake in the company. Shares short for DLTR as of 1724976000 were 8875513 with a Short Ratio of 2.33, compared to 1722384000 on 8826970. Therefore, it implies a Short% of Shares Outstanding of 8875513 and a Short% of Float of 5.0.
