Dollar General (NYSE:DG)‘s stock had its “buy” rating restated by analysts at UBS in a research note issued on Monday, The Fly reports. They presently have a $99.00 price objective on the stock, up from their previous price objective of $85.00. UBS’s target price would indicate a potential upside of 12.53% from the company’s previous close.

Other analysts have also issued research reports about the stock. Zacks Investment Research raised shares of Dollar General from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a report on Monday, August 28th. BidaskClub raised shares of Dollar General from a “hold” rating to a “buy” rating in a report on Friday, August 25th. Bank of America reaffirmed a “buy” rating and set a $90.00 price objective on shares of Dollar General in a report on Friday, August 25th. Citigroup raised their price objective on shares of Dollar General from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, September 13th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $85.00 price objective on shares of Dollar General in a report on Friday, September 29th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $82.93.

Shares of Dollar General (NYSE:DG) opened at $87.98 on Monday. The firm has a market cap of $24,041.33, a P/E ratio of 19.51, a PEG ratio of 1.73 and a beta of 0.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.18 and a current ratio of 1.42. Dollar General has a fifty-two week low of $65.97 and a fifty-two week high of $89.80.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, August 31st. The company reported $1.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.09 by $0.01. The company had revenue of $5.83 billion during the quarter, compared to analyst estimates of $5.80 billion. Dollar General had a net margin of 5.38% and a return on equity of 22.67%. The company’s revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $1.08 earnings per share. equities research analysts forecast that Dollar General will post 4.5 EPS for the current year.

In related news, EVP Robert D. Ravener sold 11,257 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $77.00, for a total value of $866,789.00. Following the completion of the sale, the executive vice president now owns 22,598 shares of the company’s stock, valued at $1,740,046. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.32% of the company’s stock.

A number of hedge funds have recently made changes to their positions in DG. Sun Life Financial INC boosted its stake in Dollar General by 18,170.0% in the second quarter. Sun Life Financial INC now owns 1,827 shares of the company’s stock valued at $132,000 after acquiring an additional 1,817 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Dollar General by 2.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company’s stock worth $146,000 after purchasing an additional 48 shares in the last quarter. Harbour Capital Advisors LLC boosted its position in shares of Dollar General by 7,109.3% during the second quarter. Harbour Capital Advisors LLC now owns 10,814 shares of the company’s stock worth $150,000 after purchasing an additional 10,664 shares in the last quarter. Welch Group LLC boosted its position in shares of Dollar General by 27.1% during the second quarter. Welch Group LLC now owns 2,267 shares of the company’s stock worth $163,000 after purchasing an additional 483 shares in the last quarter. Finally, Meeder Asset Management Inc. boosted its position in shares of Dollar General by 22,950.0% during the third quarter. Meeder Asset Management Inc. now owns 2,305 shares of the company’s stock worth $187,000 after purchasing an additional 2,295 shares in the last quarter. 89.90% of the stock is currently owned by hedge funds and other institutional investors.

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About Dollar General

Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

The Fly

Analyst Recommendations for Dollar General (NYSE:DG)

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