Dollar Tree's (DLTR) Sell (D-) Rating Reiterated at Weiss Ratings

Key Points

• Weiss Ratings has reaffirmed a "sell (D-)" rating for Dollar Tree (DLTR), indicating ongoing concerns about the company's stock performance.
• Dollar Tree recently reported $0.77 EPS for the quarter, surpassing expectations and showing a 12.3% increase in revenue year-over-year.
• Institutional investors own 97.40% of Dollar Tree's stock, reflecting strong institutional confidence in the company despite mixed ratings from analysts.

Dollar Tree (NASDAQ:DLTR - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

DLTR has been the subject of several other reports. BNP Paribas downgraded shares of Dollar Tree from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 4th. Wells Fargo & Company reaffirmed an "overweight" rating on shares of Dollar Tree in a report on Wednesday, September 3rd. Gordon Haskett downgraded shares of Dollar Tree from a "hold" rating to a "reduce" rating and set a $95.00 price target for the company. in a report on Wednesday, September 3rd. Bank of America raised their price target on shares of Dollar Tree from $70.00 to $75.00 and gave the company an "underperform" rating in a report on Thursday, September 4th. Finally, Truist Financial raised their price target on shares of Dollar Tree from $127.00 to $129.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and five have issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $110.06.

Dollar Tree Stock Performance

DLTR traded up $2.79 on Wednesday, hitting $87.83. The company's stock had a trading volume of 6,811,124 shares, compared to its average volume of 4,695,137. The company's 50 day simple moving average is $103.93 and its 200-day simple moving average is $95.04. The firm has a market cap of $17.91 billion, a P/E ratio of -6.47, a price-to-earnings-growth ratio of 1.55 and a beta of 0.85. Dollar Tree has a 12 month low of $60.49 and a 12 month high of $118.06. The company has a quick ratio of 0.27, a current ratio of 1.04 and a debt-to-equity ratio of 0.67.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its quarterly earnings data on Wednesday, September 3rd. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.38 by $0.39. The company had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.46 billion. Dollar Tree had a negative net margin of 13.46% and a positive return on equity of 23.52%. Dollar Tree's revenue for the quarter was up 12.3% on a year-over-year basis. During the same period last year, the firm earned $0.67 EPS. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. Analysts forecast that Dollar Tree will post 5.39 EPS for the current year.

Dollar Tree announced that its board has initiated a share repurchase program on Wednesday, July 9th that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the company to purchase up to 11.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

Insider Activity

In other news, Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock in a transaction on Friday, September 5th. The shares were sold at an average price of $100.32, for a total transaction of $118,879.20. Following the completion of the sale, the director directly owned 4,089 shares of the company's stock, valued at approximately $410,208.48. The trade was a 22.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 6.60% of the company's stock.

Institutional Trading of Dollar Tree

Hedge funds have recently made changes to their positions in the stock. TD Private Client Wealth LLC raised its position in Dollar Tree by 164.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 264 shares of the company's stock worth $26,000 after purchasing an additional 164 shares during the period. Brooklyn Investment Group raised its position in Dollar Tree by 79.0% in the 1st quarter. Brooklyn Investment Group now owns 358 shares of the company's stock worth $27,000 after purchasing an additional 158 shares during the period. True Wealth Design LLC raised its position in Dollar Tree by 372.5% in the 2nd quarter. True Wealth Design LLC now owns 378 shares of the company's stock worth $37,000 after purchasing an additional 298 shares during the period. Zions Bancorporation National Association UT purchased a new position in Dollar Tree in the 1st quarter worth $30,000. Finally, MTM Investment Management LLC purchased a new position in Dollar Tree in the 2nd quarter worth $42,000. 97.40% of the stock is owned by institutional investors.

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.

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