Market Highlights: Dollar Tree Inc (DLTR) Ends on a Low Note at 107.01

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your 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 $107.01 in the last session, down -0.19% from day before closing price of $107.21. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 2.36 million shares were traded. DLTR stock price reached its highest trading level at $108.15 during the session, while it also had its lowest trading level at $106.23.

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 37.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.21.

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 the company, Piper Sandler on July 16, 2024, Downgraded its rating to Neutral and sets its target price to $112 from $143 previously.

On June 06, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $160 to $155.

Citigroup Downgraded its Buy to Neutral on June 06, 2024, whereas the target price for the stock was revised from $163 to $120.

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 Jun 25 ’24 when Aflatooni Robert sold 827 shares for $105.58 per share. The transaction valued at 87,315 led to the insider holds 9,725 shares of the business.

Davis Jeffrey A. bought 1,800 shares of DLTR for $244,794 on Apr 01 ’24. The Chief Financial Officer now owns 19,047 shares after completing the transaction at $136.00 per share. On Mar 18 ’24, another insider, HEINRICH DANIEL J, who serves as the Director of the company, bought 1,000 shares for $127.85 each. As a result, the insider paid 127,850 and bolstered with 6,225 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 23044175872 and an Enterprise Value of 32731856896. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 3.16. Its current Enterprise Value per Revenue stands at 1.059 whereas that against EBITDA is 12.373.

Stock Price History:

The Beta on a monthly basis for DLTR is 0.89, which has changed by -0.29473406 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, DLTR has reached a high of $154.96, while it has fallen to a 52-week low of $101.83. The 50-Day Moving Average of the stock is -3.37%, while the 200-Day Moving Average is calculated to be -13.27%.

Shares Statistics:

According to the various share statistics, DLTR traded on average about 2.77M shares per day over the past 3-months and 2858970 shares per day over the past 10 days. A total of 217.91M shares are outstanding, with a floating share count of 214.75M. Insiders hold about 0.09% of the company’s shares, while institutions hold 100.80% stake in the company. Shares short for DLTR as of 1719532800 were 8439061 with a Short Ratio of 3.05, compared to 1717113600 on 6493793. Therefore, it implies a Short% of Shares Outstanding of 8439061 and a Short% of Float of 4.760000000000001.

Most Popular