Market Update: Dollar General Corp. (DG) Sees Negative Movement, Closing at 82.97

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In the latest session, Dollar General Corp. (NYSE: DG) closed at $82.97 down -1.26% from its previous closing price of $84.03. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 21.02 million shares were traded. DG stock price reached its highest trading level at $87.38 during the session, while it also had its lowest trading level at $82.75.

Ratios:

For a deeper understanding of Dollar General Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.80. For the most recent quarter (mrq), Quick Ratio is recorded 0.24 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 2.51 whereas as Long-Term Debt/Eq ratio is at 2.21.

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, Telsey Advisory Group on August 30, 2024, Downgraded its rating to Market Perform and sets its target price to $103 from $168 previously.

On August 30, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $170 to $100.

Gordon Haskett Downgraded its Buy to Hold on August 30, 2024, while the target price for the stock was maintained at $90.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 11 ’24 when Santana Ralph sold 3,009 shares for $155.72 per share. The transaction valued at 468,567 led to the insider holds 3,248 shares of the business.

Wenkoff Carman R sold 5,909 shares of DG for $958,616 on Apr 04 ’24. The EVP & Chief Information Ofc now owns 28,579 shares after completing the transaction at $162.23 per share. On Dec 15 ’23, another insider, BRYANT WARREN F, who serves as the Director of the company, bought 850 shares for $130.18 each. As a result, the insider paid 110,653 and bolstered with 425 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, DG now has a Market Capitalization of 18246348800 and an Enterprise Value of 35237666816. As of this moment, Dollar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.89, and their Forward P/E ratio for the next fiscal year is 12.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 2.51. Its current Enterprise Value per Revenue stands at 0.888 whereas that against EBITDA is 11.647.

Stock Price History:

Over the past 52 weeks, DG has reached a high of $168.07, while it has fallen to a 52-week low of $84.00. The 50-Day Moving Average of the stock is -32.61%, while the 200-Day Moving Average is calculated to be -38.43%.

Shares Statistics:

For the past three months, DG has traded an average of 3.15M shares per day and 7918040 over the past ten days. A total of 219.66M shares are outstanding, with a floating share count of 219.24M. Insiders hold about 0.31% of the company’s shares, while institutions hold 102.98% stake in the company. Shares short for DG as of 1723680000 were 6771608 with a Short Ratio of 2.15, compared to 1721001600 on 7127648. Therefore, it implies a Short% of Shares Outstanding of 6771608 and a Short% of Float of 3.4799999999999995.

Dividends & Splits

According to the company, the forward annual dividend rate for DG is 2.36, from 2.36 in the trailing year. Against a Trailing Annual Dividend Yield of 0.028085208The stock’s 5-year Average Dividend Yield is 1.03.

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