Dollar General (DG) – Analysts’ Weekly Ratings Changes

Dollar General (NYSE: DG) recently received a number of ratings updates from brokerages and research firms:

  • 2/8/2018 – Dollar General had its “hold” rating reaffirmed by analysts at Argus. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 2/8/2018 – Dollar General was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/6/2018 – Dollar General was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $110.00 price target on the stock. According to Zacks, “Dollar General’s commitment toward better price management, merchandise initiatives and cost containment has helped the stock to outpace the industry in a year. Strategic endeavors have helped it to deliver better-than-expected numbers for the fourth straight quarter, as it posted third-quarter fiscal 2017 results. Upbeat performance aided management to raise 2017 sales outlook. Increase in sales was driven by robust performance of consumables, seasonal and apparel categories. Moreover, rise in average transaction amount as well traffic has been driving comparable sales higher. Despite robust performance, investors’ remained concerned over cut in SNAP benefit. Trump’s suggestion of reducing food stamps program by $193 billion will have a detrimental effect. On the other hand, estimates have been going up ahead of the company’s fourth-quarter earnings release.”
  • 1/25/2018 – Dollar General was upgraded by analysts at Telsey Advisory Group from a “market perform” rating to an “outperform” rating. They now have a $120.00 price target on the stock, up previously from $98.00.
  • 1/23/2018 – Dollar General was upgraded by analysts at Wells Fargo & Co from a “market perform” rating to an “outperform” rating. They now have a $117.00 price target on the stock, up previously from $102.27.
  • 1/17/2018 – Dollar General is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $112.00 price target on the stock.
  • 1/16/2018 – Dollar General is now covered by analysts at Citigroup Inc. They set an “outperform” rating and a $112.00 price target on the stock.
  • 1/11/2018 – Dollar General had its “neutral” rating reaffirmed by analysts at Buckingham Research. They now have a $98.00 price target on the stock, up previously from $93.00.
  • 12/20/2017 – Dollar General was upgraded by analysts at Wolfe Research from an “underperform” rating to an “outperform” rating.

Dollar General Corp. (DG) opened at $98.26 on Monday. Dollar General Corp. has a fifty-two week low of $65.97 and a fifty-two week high of $105.82. The company has a market cap of $26,683.84, a price-to-earnings ratio of 21.74, a price-to-earnings-growth ratio of 1.63 and a beta of 1.00. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.41 and a quick ratio of 0.19.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, December 7th. The company reported $0.93 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.01). Dollar General had a net margin of 5.31% and a return on equity of 22.58%. The company had revenue of $5.90 billion during the quarter, compared to analyst estimates of $5.80 billion. During the same quarter in the prior year, the firm earned $0.89 earnings per share. Dollar General’s revenue for the quarter was up 11.0% on a year-over-year basis. equities research analysts predict that Dollar General Corp. will post 4.5 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th were issued a $0.26 dividend. The ex-dividend date of this dividend was Monday, January 8th. This represents a $1.04 annualized dividend and a dividend yield of 1.06%. Dollar General’s dividend payout ratio is currently 23.01%.

In related news, SVP Michael J. Kindy sold 7,536 shares of the company’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $90.64, for a total value of $683,063.04. Following the transaction, the senior vice president now directly owns 7,578 shares in the company, valued at $686,869.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Robert D. Ravener sold 11,368 shares of the company’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $92.81, for a total transaction of $1,055,064.08. Following the completion of the transaction, the executive vice president now owns 22,598 shares in the company, valued at $2,097,320.38. The disclosure for this sale can be found here. Over the last quarter, insiders sold 20,916 shares of company stock worth $1,924,881. Corporate insiders own 0.32% of the company’s stock.

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.

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