Dollar Tree (NASDAQ:DLTR) Posts Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Dollar Tree (NASDAQ:DLTR - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $1.26 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.05, RTT News reports. The company had revenue of $4.64 billion for the quarter, compared to the consensus estimate of $4.52 billion. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. Dollar Tree's revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.43 earnings per share. Dollar Tree updated its FY 2025 guidance to 5.150-5.650 EPS.

Dollar Tree Stock Performance

Shares of Dollar Tree stock traded up $8.05 during trading hours on Thursday, reaching $96.67. The company's stock had a trading volume of 11,800,696 shares, compared to its average volume of 4,186,582. The company's 50 day simple moving average is $81.67 and its 200 day simple moving average is $74.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. Dollar Tree has a one year low of $60.49 and a one year high of $115.87. The stock has a market cap of $20.79 billion, a P/E ratio of -20.27, a price-to-earnings-growth ratio of 2.16 and a beta of 0.84.

Insider Transactions at Dollar Tree

In other news, Director William W. Douglas III acquired 701 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The shares were purchased at an average cost of $75.00 per share, for a total transaction of $52,575.00. Following the transaction, the director now directly owns 1,377 shares in the company, valued at $103,275. This trade represents a 103.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Aditya Maheshwari sold 1,238 shares of the business's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $74.70, for a total transaction of $92,478.60. Following the sale, the chief accounting officer now owns 4,231 shares in the company, valued at $316,055.70. This trade represents a 22.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 6.60% of the company's stock.

Institutional Trading of Dollar Tree

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Focus Partners Wealth raised its position in shares of Dollar Tree by 2.0% during the 1st quarter. Focus Partners Wealth now owns 10,646 shares of the company's stock worth $799,000 after buying an additional 213 shares in the last quarter. Woodline Partners LP raised its position in shares of 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 in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of Dollar Tree by 3,237.4% in the 1st quarter. NewEdge Advisors LLC now owns 13,750 shares of the company's stock worth $1,032,000 after purchasing an additional 13,338 shares during the last quarter. 97.40% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Truist Financial increased their price target on shares of Dollar Tree from $89.00 to $100.00 and gave the stock a "buy" rating in a research note on Monday. Bank of America dropped their price objective on shares of Dollar Tree from $75.00 to $70.00 and set an "underperform" rating for the company in a research report on Tuesday, April 8th. Citigroup raised shares of Dollar Tree from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $76.00 to $103.00 in a research report on Monday, April 7th. Morgan Stanley increased their price objective on shares of Dollar Tree from $80.00 to $96.00 and gave the stock an "equal weight" rating in a research report on Thursday. Finally, Guggenheim reaffirmed a "buy" rating and set a $100.00 price target on shares of Dollar Tree in a report on Thursday. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Dollar Tree currently has a consensus rating of "Hold" and a consensus target price of $90.26.

Dollar Tree Company Profile

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.