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In the latest session, Dollar Tree Inc (NASDAQ: DLTR) closed at $84.49 down -0.35% from its previous closing price of $84.79. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 5.09 million shares were traded. DLTR stock price reached its highest trading level at $85.4 during the session, while it also had its lowest trading level at $83.73.
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 29.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.37. 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 August 30, 2024, Reiterated its Outperform rating but revised its target price to $120 from $155 previously.
On July 16, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $143 to $112.
Telsey Advisory Group reiterated its Outperform rating for the stock on June 06, 2024, while the target price for the stock was revised from $160 to $155.
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 18160617472 and an Enterprise Value of 27891318784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 0.902 whereas that against EBITDA is 10.543.
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 $84.77. The 50-Day Moving Average of the stock is -16.84%, while the 200-Day Moving Average is calculated to be -30.55%.
Shares Statistics:
For the past three months, DLTR has traded an average of 2.88M shares per day and 2995480 over the past ten days. A total of 217.91M shares are outstanding, with a floating share count of 214.74M. Insiders hold about 0.09% of the company’s shares, while institutions hold 99.49% stake in the company. Shares short for DLTR as of 1723680000 were 9298016 with a Short Ratio of 3.23, compared to 1721001600 on 8429295. Therefore, it implies a Short% of Shares Outstanding of 9298016 and a Short% of Float of 5.239999699999999.
