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In the latest session, Dollar Tree Inc (NASDAQ: DLTR) closed at $106.72 up 0.04% from its previous closing price of $106.68. In other words, the price has increased by $0.04 from its previous closing price. On the day, 1.44 million shares were traded. DLTR stock price reached its highest trading level at $107.81 during the session, while it also had its lowest trading level at $106.0.
Ratios:
For a deeper understanding of Dollar Tree Inc’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 37.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.30. 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 this company, Telsey Advisory Group on June 06, 2024, Reiterated its Outperform rating but revised its target price to $155 from $160 previously.
On June 06, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $163 to $120.
KeyBanc Capital Markets Upgraded its Sector Weight to Overweight on May 01, 2024, while the target price for the stock was maintained at $150.
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 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 22938824704 and an Enterprise Value of 32669523968. 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 3.15. Its current Enterprise Value per Revenue stands at 1.057 whereas that against EBITDA is 12.35.
Stock Price History:
The Beta on a monthly basis for DLTR is 0.88, which has changed by -0.27652365 over the last 52 weeks, in comparison to a change of 0.2553556 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 $101.85. The 50-Day Moving Average of the stock is -6.36%, while the 200-Day Moving Average is calculated to be -13.53%.
Shares Statistics:
For the past three months, DLTR has traded an average of 2.69M shares per day and 3086350 over the past ten days. A total of 217.91M shares are outstanding, with a floating share count of 214.78M. Insiders hold about 0.08% of the company’s shares, while institutions hold 101.27% stake in the company. Shares short for DLTR as of 1718323200 were 6158190 with a Short Ratio of 2.29, compared to 1715731200 on 5548958. Therefore, it implies a Short% of Shares Outstanding of 6158190 and a Short% of Float of 3.47.
