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Dollar Tree, Inc. (NASDAQ:DLTR) issued an update on its FY15 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.96-3.08 for the period, compared to the Thomson Reuters consensus estimate of $3.13, AnalystRatings.Net reports. The company issued revenue guidance of $8.44-8.55 billion, compared to the consensus revenue estimate of $8.51 billion.Dollar Tree also updated its Q3 guidance to $0.61-0.66 EPS.

A number of analysts have recently weighed in on DLTR shares. Analysts at Bank of America upgraded shares of Dollar Tree from a neutral rating to a buy rating in a research note on Monday. They now have a $71.00 price target on the stock. On a related note, analysts at MKM Partners reiterated a buy rating on shares of Dollar Tree in a research note on Wednesday, July 30th. They now have a $74.50 price target on the stock. Finally, analysts at Johnson Rice downgraded shares of Dollar Tree from an overweight rating to an equal weight rating in a research note on Tuesday, July 29th. Six research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of Buy and an average target price of $62.46.

Shares of Dollar Tree, Inc. (NASDAQ:DLTR) opened at 55.00 on Thursday. Dollar Tree, Inc. has a 52 week low of $49.59 and a 52 week high of $60.19. The stock’s 50-day moving average is $54. and its 200-day moving average is $53.24. The company has a market cap of $11.375 billion and a P/E ratio of 19.61.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Thursday, August 21st. The company reported $0.61 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.64 by $0.03. The company had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the company posted $0.56 earnings per share. Dollar Tree’s revenue was up 9.5% compared to the same quarter last year. Analysts expect that Dollar Tree, Inc. will post $3.13 EPS for the current fiscal year.

Dollar Tree, Inc (NASDAQ:DLTR) is an operator of discount variety stores offering merchandise at the fixed price.

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