Dollar General (NYSE:DG) Stock Bumped Up to "Buy" by Gordon Haskett

Key Points

• Gordon Haskett upgraded Dollar General to “Buy” from “Hold” and set a $140 price target, implying 17.4% upside from the previous close.
• Analyst sentiment remains mixed: 12 analysts rate the stock a Buy, 16 a Hold, and one a Sell, producing an overall “Hold” consensus and a $137.96 average price target.
• Dollar General’s latest quarterly results exceeded expectations, with adjusted earnings of $2.48 per share and revenue of $11.29 billion; revenue increased 5.2% year over year.

Dollar General (NYSE:DG - Get Free Report) was upgraded by equities researchers at Gordon Haskett from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. The firm currently has a $140.00 price target on the stock. Gordon Haskett's price objective would suggest a potential upside of 17.40% from the stock's previous close.

Several other equities research analysts also recently weighed in on DG. Barclays upped their price objective on shares of Dollar General from $148.00 to $151.00 and gave the stock an "overweight" rating in a report on Tuesday, September 8th. The Goldman Sachs Group boosted their price target on shares of Dollar General from $128.00 to $141.00 and gave the stock a "neutral" rating in a research report on Friday, August 28th. Oppenheimer reiterated an "outperform" rating and issued a $150.00 price objective on shares of Dollar General in a report on Tuesday, August 25th. BNP Paribas Exane raised their price objective on shares of Dollar General from $113.00 to $129.00 and gave the company a "neutral" rating in a research note on Friday, August 28th. Finally, Wall Street Zen raised Dollar General from a "hold" rating to a "buy" rating in a report on Saturday, August 29th. Twelve investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $137.96.

Dollar General Trading Up 0.3%

Dollar General stock opened at $119.25 on Tuesday. The firm has a 50-day moving average price of $124.55 and a two-hundred day moving average price of $118.80. Dollar General has a 52-week low of $95.11 and a 52-week high of $158.23. The firm has a market capitalization of $26.31 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 1.62 and a beta of 0.23. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, beating analysts' consensus estimates of $2.01 by $0.47. Dollar General had a return on equity of 18.93% and a net margin of 3.90%.The company had revenue of $11.29 billion for the quarter, compared to analysts' expectations of $11.20 billion. During the same quarter in the previous year, the company posted $1.86 earnings per share. The business's revenue for the quarter was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Sell-side analysts expect that Dollar General will post 7.69 earnings per share for the current year.

Institutional Investors Weigh In On Dollar General

A number of institutional investors and hedge funds have recently modified their holdings of DG. Arrowstreet Capital Limited Partnership raised its position in shares of Dollar General by 6.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company's stock worth $340,546,000 after purchasing an additional 167,546 shares during the period. Dimensional Fund Advisors LP increased its stake in Dollar General by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company's stock worth $332,443,000 after purchasing an additional 75,323 shares in the last quarter. Royal Bank of Canada raised its holdings in Dollar General by 0.8% during the 1st quarter. Royal Bank of Canada now owns 2,723,506 shares of the company's stock worth $323,362,000 after buying an additional 20,366 shares during the period. SG Americas Securities LLC raised its holdings in Dollar General by 2,208.2% during the 1st quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company's stock worth $184,615,000 after buying an additional 1,487,554 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in Dollar General during the second quarter valued at about $162,412,000. Institutional investors and hedge funds own 91.77% of the company's stock.

Trending Headlines about Dollar General

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Zacks upgraded DG to Rank #1 (Strong Buy), adding the stock to both its broad Strong Buy list and its income-stock list. The upgrade may attract additional buying interest, particularly from investors seeking earnings momentum and income opportunities. New Strong Buy Stocks for October 5th
• Positive Sentiment: A hammer chart pattern suggests DG found technical support after its recent decline. Combined with improving analyst earnings estimates, Zacks says the setup could signal a near-term trend reversal and give the shares additional upside potential. Bears are Losing Control Over Dollar General
• Positive Sentiment: DG was included among stocks receiving broker-rating upgrades, with projected earnings growth cited as a supporting factor. This reinforces the improving analyst sentiment around the company. 3 Stocks With Broker Rating Upgrades
• Positive Sentiment: A Zacks screen of featured stocks highlighted Dollar General, increasing its visibility among investors evaluating companies with potentially favorable fundamental and earnings characteristics. Zacks.com Featured Highlights
• Positive Sentiment: In a comparison with Costco, analysts pointed to DG’s growth drivers—including store remodels, delivery and merchandising improvements—which provide a path for continued sales and productivity gains. Costco vs. Dollar General

Dollar General Company Profile

Dollar General Corporation NYSE: DG operates a chain of discount retail stores focused on providing everyday goods at affordable prices. Its merchandise includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, home products, basic apparel, and select health and beauty products. Many stores also offer tobacco products, prepaid wireless services, and other convenience-oriented items.

The company primarily serves rural and suburban communities in the United States through a network of small-format stores located across most U.S.

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