Analysts’ Recent Ratings Updates for Dollar Tree (DLTR)

A number of firms have modified their ratings and price targets on shares of Dollar Tree (NASDAQ: DLTR) recently:

  • 2/12/2018 – Dollar Tree had its price target raised by analysts at Loop Capital from $94.00 to $100.00. They now have a “hold” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/31/2018 – Dollar Tree had its “buy” rating reaffirmed by analysts at Guggenheim.
  • 1/30/2018 – Dollar Tree had its price target raised by analysts at Bank of America Corp from $120.00 to $130.00. They now have a “buy” rating on the stock.
  • 1/23/2018 – Dollar Tree had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $138.00 price target on the stock, up previously from $132.00.
  • 1/16/2018 – Dollar Tree is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $130.00 price target on the stock.
  • 1/16/2018 – Dollar Tree was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $128.00 price target on the stock. According to Zacks, “Dollar Tree has outperformed the industry in the last six months mainly driven by robust earnings and sales surprise trends. The company delivered solid top and bottom-line results for third-quarter fiscal 2017, which marked its second straight earnings and sales beat. The company’s results gained from strong comps and improved margins. Comps improved for the 39th straight quarter, while reduced merchandise costs, lower markdowns and occupancy expenses aided margins. Moreover, the company is on track with the Family Dollar integration and re-banner process, which is likely to generate run rate savings of about $300 million in three years. Based on these results and expected benefits from Family Dollar, the company raised guidance for fiscal 2017 and provided a solid view for the fourth quarter. However, volatile consumer behavior remains a concern for Dollar Tree. Also, significant global exposure may pose threats.”
  • 1/16/2018 – Dollar Tree had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $138.00 price target on the stock, up previously from $132.00.
  • 1/10/2018 – Dollar Tree is now covered by analysts at Guggenheim. They set a “buy” rating and a $125.00 price target on the stock.
  • 1/10/2018 – Dollar Tree was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Dollar Tree has outperformed the industry in the last three months mainly driven by robust earnings and sales surprise trends. The company delivered solid top and bottom-line results for third-quarter fiscal 2017, which marked its second straight earnings and sales beat. The company’s results gained from strong comps and improved margins. Comps improved for the 39th straight quarter, while reduced merchandise costs, lower markdowns and occupancy expenses aided margins. Moreover, the company is on track with the Family Dollar integration and re-banner process, which is likely to generate run rate savings of about $300 million in three years. Based on these results and expected benefits from Family Dollar, the company raised guidance for fiscal 2017 and provided a solid view for the fourth quarter. However, volatile consumer behavior remains a concern for Dollar Tree. Also, significant global exposure may pose threats.”
  • 1/4/2018 – Dollar Tree was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $121.00 price target on the stock. According to Zacks, “Dollar Tree has outperformed the industry in the last three months mainly driven by robust earnings and sales surprise trends. The company delivered solid top and bottom-line results for third-quarter fiscal 2017, which marked its second straight earnings and sales beat. The company’s results gained from strong comps and improved margins. Comps improved for the 39th straight quarter, while reduced merchandise costs, lower markdowns and occupancy expenses aided margins. Moreover, the company is on track with the Family Dollar integration and re-banner process, which is likely to generate run rate savings of about $300 million in three years. Based on these results and expected benefits from Family Dollar, the company raised guidance for fiscal 2017 and provided a solid view for the fourth quarter. However, volatile consumer behavior remains a concern for Dollar Tree. Also, significant global exposure may pose threats.”
  • 1/2/2018 – Dollar Tree was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Dollar Tree has outperformed the industry in the last three months mainly driven by robust earnings and sales surprise trends. The company delivered solid top and bottom-line results for third-quarter fiscal 2017, which marked its second straight earnings and sales beat. The company’s results gained from strong comps and improved margins. Comps improved for the 39th straight quarter, while reduced merchandise costs, lower markdowns and occupancy expenses aided margins. Moreover, the company is on track with the Family Dollar integration and re-banner process, which is likely to generate run rate savings of about $300 million in three years. Based on these results and expected benefits from Family Dollar, the company raised guidance for fiscal 2017 and provided a solid view for the fourth quarter. However, volatile consumer behavior remains a concern for Dollar Tree. Also, significant global exposure may pose threats.”
  • 12/14/2017 – Dollar Tree was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.

Shares of Dollar Tree, Inc. (DLTR) traded up $6.04 on Monday, hitting $107.62. The company’s stock had a trading volume of 4,168,800 shares, compared to its average volume of 1,924,473. The company has a market capitalization of $25,516.33, a price-to-earnings ratio of 25.62, a PEG ratio of 1.40 and a beta of 0.71. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.28 and a current ratio of 1.95. Dollar Tree, Inc. has a 52-week low of $65.63 and a 52-week high of $116.65.

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 Thomson Reuters’ consensus estimate of $0.90 by $0.11. The firm had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.28 billion. Dollar Tree had a return on equity of 18.04% and a net margin of 4.63%. The business’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.72 earnings per share. equities analysts forecast that Dollar Tree, Inc. will post 4.88 EPS for the current year.

In other Dollar Tree news, Chairman Bob Sasser sold 64,002 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $99.74, for a total value of $6,383,559.48. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider David A. Jacobs sold 9,192 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $99.80, for a total value of $917,361.60. Following the completion of the sale, the insider now owns 13,199 shares in the company, valued at $1,317,260.20. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 143,132 shares of company stock worth $14,679,180. Corporate insiders own 2.90% of the company’s stock.

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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