Dollar Tree (NASDAQ:DLTR) Trading 6.8% Higher on Analyst Upgrade

Dollar Tree, Inc. (NASDAQ:DLTR) shares rose 6.8% during mid-day trading on Friday after Evercore ISI raised their price target on the stock from $104.00 to $120.00. Evercore ISI currently has an in-line rating on the stock. Dollar Tree traded as high as $124.71 and last traded at $123.7720. Approximately 2,292,567 shares changed hands during trading, a decline of 46% from the average daily volume of 4,239,864 shares. The stock had previously closed at $115.87.

A number of other research analysts also recently issued reports on DLTR. The Goldman Sachs Group reissued a “sell” rating and set a $103.00 price objective (down from $133.00) on shares of Dollar Tree in a research report on Thursday, November 13th. Jefferies Financial Group reaffirmed an “underperform” rating and set a $75.00 target price on shares of Dollar Tree in a research note on Wednesday. JPMorgan Chase & Co. increased their price target on shares of Dollar Tree from $138.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, September 4th. UBS Group lifted their price objective on Dollar Tree from $135.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Wells Fargo & Company upped their target price on Dollar Tree from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday. Eight investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $114.89.

Insider Buying and Selling

In other news, insider Robert Aflatooni sold 1,260 shares of the stock in a transaction on Friday, October 17th. The stock was sold at an average price of $94.70, for a total value of $119,322.00. Following the sale, the insider directly owned 21,402 shares of the company’s stock, valued at approximately $2,026,769.40. This represents a 5.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 6.60% of the company’s stock.

Hedge Funds Weigh In On Dollar Tree

A number of hedge funds have recently bought and sold shares of DLTR. LBP AM SA bought a new position in Dollar Tree in the 2nd quarter worth approximately $7,742,000. IFM Investors Pty Ltd raised its position in shares of Dollar Tree by 7.5% during the second quarter. IFM Investors Pty Ltd now owns 38,021 shares of the company’s stock valued at $3,766,000 after buying an additional 2,666 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Dollar Tree by 6.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,471,865 shares of the company’s stock worth $110,493,000 after buying an additional 85,508 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in shares of Dollar Tree by 71,183.3% during the first quarter. Caitong International Asset Management Co. Ltd now owns 8,554 shares of the company’s stock worth $642,000 after acquiring an additional 8,542 shares during the last quarter. Finally, Prudential PLC boosted its position in shares of Dollar Tree by 31.9% during the first quarter. Prudential PLC now owns 37,060 shares of the company’s stock worth $2,782,000 after acquiring an additional 8,962 shares during the last quarter. Institutional investors own 97.40% of the company’s stock.

Dollar Tree Stock Up 5.7%

The company has a quick ratio of 0.27, a current ratio of 0.96 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $24.35 billion, a PE ratio of -9.10, a PEG ratio of 2.09 and a beta of 0.75. The company’s 50 day moving average is $100.55 and its two-hundred day moving average is $102.39.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.09 by $0.12. Dollar Tree had a negative net margin of 15.40% and a positive return on equity of 30.23%. The business had revenue of $4.75 billion for the quarter, compared to analysts’ expectations of $4.70 billion. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.12 EPS. Dollar Tree has set its Q4 2025 guidance at 2.400-2.600 EPS. On average, analysts anticipate that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

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.