Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Dollar Tree Inc (NASDAQ: DLTR) closed at $118.88 in the last session, down -1.10% from day before closing price of $120.20. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 1.82 million shares were traded. DLTR stock price reached its highest trading level at $122.535 during the session, while it also had its lowest trading level at $118.58.
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 37.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.92. 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 April 03, 2024, Gordon Haskett Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $150 to $140.
Gordon Haskett Upgraded its Accumulate to Buy on February 07, 2024, while the target price for the stock was maintained at $160.
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 01 ’24 when Davis Jeffrey A. bought 1,800 shares for $136.00 per share. The transaction valued at 244,794 led to the insider holds 19,047 shares of the business.
HEINRICH DANIEL J bought 1,000 shares of DLTR for $127,850 on Mar 18 ’24. The Director now owns 6,225 shares after completing the transaction at $127.85 per share. On Dec 20 ’23, another insider, Mantle Ridge LP, who serves as the Director by deputization of the company, bought 738,862 shares for $134.37 each. As a result, the insider paid 99,281,877 and bolstered with 12,104,493 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 26230040576 and an Enterprise Value of 35615821824. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 3.54. Its current Enterprise Value per Revenue stands at 1.164 whereas that against EBITDA is 13.507.
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 -7.55%, while the 200-Day Moving Average is calculated to be -6.66%.
Shares Statistics:
According to the various share statistics, DLTR traded on average about 2.97M shares per day over the past 3-months and 2044300 shares per day over the past 10 days. A total of 217.91M shares are outstanding, with a floating share count of 217.33M. Insiders hold about 0.30% of the company’s shares, while institutions hold 102.12% stake in the company. Shares short for DLTR as of 1714435200 were 5578311 with a Short Ratio of 1.88, compared to 1711584000 on 4788099. Therefore, it implies a Short% of Shares Outstanding of 5578311 and a Short% of Float of 3.09.
