Dollar Tree - DLTR Stock Forecast, Price & News

Dollar Tree, Inc. operates discount variety retail stores. It 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, including candy and food, and health and personal care, as well as everyday consumables, such as household paper and chemicals, 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. As of January 29, 2022, this segment operated 8,061 stores under the Dollar Tree and Dollar Tree Canada brands, as well as 15 distribution centers in the United States and 2 distribution centers in Canada. The Family Dollar segment operates general merchandise retail discount stores that offer consumable merchandise, which comprise food and beverages, tobacco, health and personal care, household chemicals, paper products, hardware and automotive supplies, diapers, batteries, and pet food and supplies; and home products, including housewares, home décor, and giftware, as well as domestics, such as comforters, sheets, and towels. It also provides apparel and accessories merchandise comprising clothing, fashion accessories, and shoes; and seasonal and electronics merchandise that include Christmas, Easter, Halloween, and Valentine's Day merchandise, as well as personal electronics, which comprise pre-paid cellular phones and services, stationery and school supplies, and toys. As of January 29, 2022, this segment operated 8,016 stores under the Family Dollar brand; and 11 distribution centers. The company was founded in 1986 and is based in Chesapeake, Virginia.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on DLTR shares. Citigroup raised their target price on Dollar Tree from $162.00 to $190.00 and gave the stock a "buy" rating in a research report on Tuesday, May 31st. Barclays raised their target price on Dollar Tree from $140.00 to $150.00 and gave the stock an "equal weight" rating in a research report on Friday, May 27th. BMO Capital Markets raised their target price on Dollar Tree from $180.00 to $187.00 in a research report on Friday, May 27th. Morgan Stanley raised their target price on Dollar Tree from $150.00 to $160.00 and gave the stock an "equal weight" rating in a research report on Friday, May 27th. Finally, Telsey Advisory Group dropped their price target on Dollar Tree from $180.00 to $160.00 and set an "outperform" rating for the company in a report on Tuesday, May 24th. One research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $163.82.

Dollar Tree Trading Down 0.2 %

Shares of Dollar Tree stock traded down $0.37 during trading on Friday, reaching $167.68. 1,687,936 shares of the company were exchanged, compared to its average volume of 2,388,299. The company has a quick ratio of 0.35, a current ratio of 1.46 and a debt-to-equity ratio of 0.41. Dollar Tree has a twelve month low of $84.26 and a twelve month high of $177.19. The business has a 50-day moving average price of $162.65 and a 200-day moving average price of $156.39. The firm has a market capitalization of $37.65 billion, a price-to-earnings ratio of 25.58, a P/E/G ratio of 1.33 and a beta of 0.68.

Dollar Tree (NASDAQ:DLTR - Get Rating) last announced its quarterly earnings data on Thursday, May 26th. The company reported $2.37 EPS for the quarter, topping analysts' consensus estimates of $1.98 by $0.39. Dollar Tree had a return on equity of 19.71% and a net margin of 5.57%. The business had revenue of $6.90 billion during the quarter, compared to analysts' expectations of $6.77 billion. During the same period in the previous year, the firm earned $1.60 earnings per share. The firm's quarterly revenue was up 6.5% compared to the same quarter last year. Sell-side analysts anticipate that Dollar Tree will post 8.16 EPS for the current fiscal year.