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.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Telsey Advisory Group cut their target price on Dollar Tree from $180.00 to $160.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 24th. Citigroup lifted their price target on Dollar Tree from $162.00 to $190.00 and gave the company a "buy" rating in a research note on Tuesday, May 31st. BMO Capital Markets boosted their price objective on Dollar Tree from $180.00 to $187.00 in a research report on Friday, May 27th. Guggenheim boosted their price objective on Dollar Tree to $185.00 in a research note on Friday, May 27th. Finally, Truist Financial boosted their price objective on Dollar Tree to $178.00 in a report on Friday, May 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, Dollar Tree presently has an average rating of "Moderate Buy" and an average price target of $163.82.

Dollar Tree Trading Down 0.4 %

NASDAQ:DLTR opened at $165.37 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.46 and a quick ratio of 0.35. Dollar Tree has a fifty-two week low of $84.26 and a fifty-two week high of $177.19. The stock's 50-day moving average is $161.86 and its two-hundred day moving average is $154.84. The stock has a market cap of $37.13 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 1.33 and a beta of 0.68.

Dollar Tree (NASDAQ:DLTR - Get Rating) last announced its quarterly earnings results on Thursday, May 26th. The company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $0.39. The business had revenue of $6.90 billion during the quarter, compared to analyst estimates of $6.77 billion. Dollar Tree had a return on equity of 19.71% and a net margin of 5.57%. The firm's revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.60 EPS. As a group, equities research analysts forecast that Dollar Tree will post 8.15 earnings per share for the current fiscal year.