Analysts forecast that Dollar Tree, Inc. (NASDAQ:DLTR) will post earnings per share (EPS) of $1.88 for the current quarter, Zacks reports. Eight analysts have made estimates for Dollar Tree’s earnings. The lowest EPS estimate is $1.74 and the highest is $2.01. Dollar Tree posted earnings per share of $1.39 during the same quarter last year, which would indicate a positive year over year growth rate of 35.3%. The company is scheduled to announce its next quarterly earnings report on Wednesday, March 7th.
On average, analysts expect that Dollar Tree will report full-year earnings of $4.84 per share for the current financial year, with EPS estimates ranging from $4.54 to $4.99. For the next financial year, analysts forecast that the business will report earnings of $5.64 per share, with EPS estimates ranging from $4.99 to $6.51. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Dollar Tree.
Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Tuesday, November 21st. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.11. Dollar Tree had a net margin of 4.63% and a return on equity of 18.04%. The business had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.28 billion. During the same quarter in the prior year, the business posted $0.72 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis.
Shares of Dollar Tree (DLTR) traded up $1.83 during trading on Friday, hitting $114.73. 1,910,000 shares of the stock traded hands, compared to its average volume of 1,940,000. Dollar Tree has a fifty-two week low of $65.63 and a fifty-two week high of $115.89. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.28 and a current ratio of 1.95. The firm has a market cap of $27,200.00, a PE ratio of 27.32, a price-to-earnings-growth ratio of 1.76 and a beta of 0.63.
In other Dollar Tree news, Director Thomas A. Saunders sold 12,440 shares of the company’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $108.15, for a total transaction of $1,345,386.00. Following the completion of the transaction, the director now owns 2,326,702 shares in the company, valued at approximately $251,632,821.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kevin S. Wampler sold 12,559 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $103.89, for a total transaction of $1,304,754.51. Following the transaction, the chief financial officer now owns 77,164 shares of the company’s stock, valued at approximately $8,016,567.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 293,132 shares of company stock valued at $28,348,680. 4.10% of the stock is owned by insiders.
A number of institutional investors have recently made changes to their positions in the business. BlueMountain Capital Management LLC increased its holdings in shares of Dollar Tree by 119.0% in the 2nd quarter. BlueMountain Capital Management LLC now owns 1,518 shares of the company’s stock valued at $106,000 after purchasing an additional 825 shares in the last quarter. Sun Life Financial INC increased its holdings in shares of Dollar Tree by 17,100.0% in the 2nd quarter. Sun Life Financial INC now owns 1,720 shares of the company’s stock valued at $120,000 after purchasing an additional 1,710 shares in the last quarter. Integrated Investment Consultants LLC purchased a new position in shares of Dollar Tree in the 3rd quarter valued at about $150,000. YorkBridge Wealth Partners LLC increased its holdings in shares of Dollar Tree by 2.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,877 shares of the company’s stock valued at $131,000 after purchasing an additional 36 shares in the last quarter. Finally, Advisory Services Network LLC increased its holdings in shares of Dollar Tree by 0.6% in the 2nd quarter. Advisory Services Network LLC now owns 1,924 shares of the company’s stock valued at $135,000 after purchasing an additional 12 shares in the last quarter. Institutional investors own 89.74% of the company’s stock.
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Dollar Tree Company Profile
Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.
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