Market Momentum Report: Dollar Tree Inc (DLTR)’s Positive Close at 76.19

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The price of Dollar Tree Inc (NASDAQ: DLTR) closed at $76.19 in the last session, up 3.83% from day before closing price of $73.38. In other words, the price has increased by $3.83 from its previous closing price. On the day, 2.67 million shares were traded. DLTR stock price reached its highest trading level at $76.3 during the session, while it also had its lowest trading level at $73.11.

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 23.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 1.05.

On November 05, 2024, Telsey Advisory Group Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $95 to $75.

On October 22, 2024, Bernstein started tracking the stock assigning a Mkt Perform rating and target price of $76.Bernstein initiated its Mkt Perform rating on October 22, 2024, with a $76 target price.

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 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 16383822848 and an Enterprise Value of 25809928192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 0.833 whereas that against EBITDA is 9.909.

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 $60.49. The 50-Day Moving Average of the stock is 11.84%, while the 200-Day Moving Average is calculated to be -19.71%.

Shares Statistics:

According to the various share statistics, DLTR traded on average about 4.09M shares per day over the past 3-months and 2963720 shares per day over the past 10 days. A total of 215.03M shares are outstanding, with a floating share count of 214.80M. Insiders hold about 0.11% of the company’s shares, while institutions hold 97.29% stake in the company. Shares short for DLTR as of 1731628800 were 12225404 with a Short Ratio of 2.34, compared to 1728950400 on 11429834. Therefore, it implies a Short% of Shares Outstanding of 12225404 and a Short% of Float of 6.890000000000001.

Most Popular