Dollar Tree (NASDAQ:DLTR) Sets New 52-Week High After Strong Earnings

Dollar Tree, Inc. (NASDAQ:DLTR) hit a new 52-week high during trading on Thursday following a better than expected earnings announcement. The company traded as high as $119.21 and last traded at $117.24, with a volume of 2010767 shares. The stock had previously closed at $112.92.

The company reported $1.21 EPS for the quarter, beating the consensus estimate of $1.09 by $0.12. The business had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.70 billion. Dollar Tree had a positive return on equity of 30.23% and a negative net margin of 15.40%.Dollar Tree’s quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.12 EPS. Dollar Tree has set its Q4 2025 guidance at 2.400-2.600 EPS.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on DLTR shares. Wells Fargo & Company raised their target price on Dollar Tree from $115.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday. Citigroup raised their price target on Dollar Tree from $124.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday. BMO Capital Markets restated a “market perform” rating on shares of Dollar Tree in a report on Thursday. The Goldman Sachs Group reissued a “sell” rating and issued a $103.00 target price (down from $133.00) on shares of Dollar Tree in a research note on Thursday, November 13th. Finally, BNP Paribas downgraded shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 4th. Eight equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dollar Tree currently has an average rating of “Hold” and a consensus target price of $114.89.

Insider Activity at Dollar Tree

In other news, insider Robert Aflatooni sold 1,260 shares of the stock in a transaction that occurred on Friday, October 17th. The stock was sold at an average price of $94.70, for a total transaction of $119,322.00. Following the transaction, the insider owned 21,402 shares in the company, valued at approximately $2,026,769.40. This trade represents a 5.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.60% of the company’s stock.

Institutional Investors Weigh In On Dollar Tree

Several institutional investors and hedge funds have recently bought and sold shares of DLTR. Vanguard Group Inc. raised its position in shares of Dollar Tree by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 23,839,718 shares of the company’s stock valued at $1,789,648,000 after buying an additional 389,490 shares in the last quarter. EdgePoint Investment Group Inc. raised its position in Dollar Tree by 2.9% during the third quarter. EdgePoint Investment Group Inc. now owns 11,138,183 shares of the company’s stock valued at $1,051,110,000 after purchasing an additional 312,382 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Dollar Tree by 0.7% during the first quarter. T. Rowe Price Investment Management Inc. now owns 9,994,978 shares of the company’s stock worth $750,323,000 after purchasing an additional 74,230 shares during the last quarter. State Street Corp boosted its holdings in shares of Dollar Tree by 3.5% in the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company’s stock valued at $889,141,000 after purchasing an additional 319,938 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Dollar Tree by 69.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,848,196 shares of the company’s stock valued at $439,025,000 after purchasing an additional 2,400,586 shares in the last quarter. Institutional investors own 97.40% of the company’s stock.

Dollar Tree Stock Performance

The company has a current ratio of 0.96, a quick ratio of 0.27 and a debt-to-equity ratio of 0.70. The company has a market cap of $24.35 billion, a P/E ratio of -9.10, a price-to-earnings-growth ratio of 1.98 and a beta of 0.75. The company has a 50 day moving average price of $100.55 and a 200-day moving average price of $102.31.

About Dollar Tree

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.