Weiss Ratings Reiterates Hold (C) Rating for Dollar General (NYSE:DG)

Key Points

• Weiss Ratings has reiterated a "hold (C)" rating for Dollar General (NYSE:DG) following a research note issued to investors.
• Analysts have set new price targets for Dollar General, with Morgan Stanley increasing its target to $125.00 while Evercore ISI reduced theirs to $112.00, reflecting mixed sentiment.
• Dollar General reported a revenue of $10.73 billion for the last quarter, surpassing analysts' expectations, and set a FY 2025 guidance with an EPS guidance of $5.800-6.300.

Dollar General (NYSE:DG - Get Free Report)'s stock had its "hold (c)" rating reiterated by research analysts at Weiss Ratings in a research note issued to investors on Tuesday,Weiss Ratings reports.

DG has been the topic of a number of other reports. Morgan Stanley lifted their price target on shares of Dollar General from $115.00 to $125.00 and gave the company an "equal weight" rating in a research report on Friday, August 29th. Evercore ISI reduced their price target on shares of Dollar General from $114.00 to $112.00 and set an "in-line" rating on the stock in a research report on Tuesday, October 7th. Sanford C. Bernstein boosted their target price on shares of Dollar General from $122.00 to $134.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. Guggenheim reissued a "buy" rating and set a $125.00 target price on shares of Dollar General in a research report on Friday, August 29th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Dollar General from $95.00 to $109.00 and gave the stock a "neutral" rating in a research report on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and sixteen have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $115.40.

Dollar General Trading Up 1.0%

Dollar General stock traded up $1.06 during trading on Tuesday, reaching $102.93. The company had a trading volume of 1,053,200 shares, compared to its average volume of 3,663,178. Dollar General has a 12-month low of $66.43 and a 12-month high of $117.95. The stock's 50 day moving average price is $107.26 and its two-hundred day moving average price is $103.90. The firm has a market capitalization of $22.66 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 2.09 and a beta of 0.30. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.27 and a current ratio of 1.25.

Dollar General (NYSE:DG - Get Free Report) last released its earnings results on Thursday, August 28th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.56 by $0.30. Dollar General had a net margin of 2.86% and a return on equity of 17.97%. The firm had revenue of $10.73 billion during the quarter, compared to the consensus estimate of $10.68 billion. During the same period in the previous year, the firm earned $1.70 earnings per share. Dollar General's revenue was up 5.1% compared to the same quarter last year. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. As a group, equities analysts expect that Dollar General will post 5.75 earnings per share for the current fiscal year.

Institutional Trading of Dollar General

Several institutional investors have recently added to or reduced their stakes in the business. Pacer Advisors Inc. grew its position in shares of Dollar General by 5,440.2% during the first quarter. Pacer Advisors Inc. now owns 1,582,569 shares of the company's stock worth $139,155,000 after acquiring an additional 1,554,004 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Dollar General by 116.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company's stock worth $310,538,000 after acquiring an additional 1,458,093 shares during the last quarter. Royal Bank of Canada grew its position in shares of Dollar General by 251.6% during the first quarter. Royal Bank of Canada now owns 2,035,524 shares of the company's stock worth $178,983,000 after acquiring an additional 1,456,549 shares during the last quarter. Norges Bank bought a new position in shares of Dollar General during the second quarter worth about $154,371,000. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Dollar General by 15,369.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,219,179 shares of the company's stock worth $139,450,000 after acquiring an additional 1,211,298 shares during the last quarter. Institutional investors own 91.77% of the company's stock.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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