JPMorgan Chase & Co. Issues Positive Forecast for Dollar Tree (NASDAQ:DLTR) Stock Price

Dollar Tree (NASDAQ:DLTR) had its target price increased by JPMorgan Chase & Co. from $160.00 to $170.00 in a research report released on Monday,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other brokerages also recently weighed in on DLTR. Citigroup cut their price target on shares of Dollar Tree from $132.00 to $125.00 and set a “neutral” rating on the stock in a report on Tuesday, March 17th. Wall Street Zen raised shares of Dollar Tree from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Bank of America reissued an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Jefferies Financial Group reiterated an “underperform” rating and issued a $85.00 target price on shares of Dollar Tree in a research note on Friday, May 29th. Finally, Guggenheim boosted their price objective on Dollar Tree from $130.00 to $135.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, Dollar Tree presently has a consensus rating of “Hold” and a consensus price target of $120.90.

Dollar Tree Stock Performance

Shares of DLTR stock opened at $123.11 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. The company has a market cap of $23.66 billion, a PE ratio of 19.29, a PEG ratio of 1.42 and a beta of 0.65. Dollar Tree has a 12-month low of $84.71 and a 12-month high of $142.40. The business’s fifty day simple moving average is $105.34 and its 200-day simple moving average is $114.62.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The company had revenue of $4.98 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The firm’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Analysts expect that Dollar Tree will post 6.98 earnings per share for the current fiscal year.

Dollar Tree announced that its board has authorized a share buyback program on Thursday, July 2nd that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On Dollar Tree

Hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC raised its position in shares of Dollar Tree by 3,237.4% during the 1st quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock worth $1,032,000 after acquiring an additional 13,338 shares in the last quarter. Woodline Partners LP grew its stake in Dollar Tree by 40.7% during the 1st quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock worth $1,282,000 after buying an additional 4,941 shares during the last quarter. Focus Partners Wealth increased its position in Dollar Tree by 2.0% during the first quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock worth $799,000 after buying an additional 213 shares during the period. Sivia Capital Partners LLC purchased a new position in Dollar Tree during the 2nd quarter worth $257,000. Finally, CW Advisors LLC acquired a new position in shares of Dollar Tree in the second quarter valued at approximately $264,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

About Dollar Tree

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.