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.

Dollar Tree Stock Performance

Shares of NASDAQ:DLTR traded up $1.39 on Friday, reaching $166.76. The company's stock had a trading volume of 968,212 shares, compared to its average volume of 1,845,674. The stock's 50-day moving average is $162.13 and its two-hundred day moving average is $155.31. Dollar Tree has a 52-week low of $84.26 and a 52-week high of $177.19. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.46 and a quick ratio of 0.35. The stock has a market capitalization of $37.45 billion, a P/E ratio of 25.38, a PEG ratio of 1.31 and a beta of 0.68.

Dollar Tree (NASDAQ:DLTR - Get Rating) last announced its earnings results on Thursday, May 26th. The company reported $2.37 EPS for the quarter, beating analysts' consensus estimates of $1.98 by $0.39. Dollar Tree had a net margin of 5.57% and a return on equity of 19.71%. 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 prior year, the company earned $1.60 earnings per share. The business's revenue was up 6.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Dollar Tree will post 8.15 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on DLTR. Truist Financial boosted their target price on shares of Dollar Tree to $178.00 in a research note on Friday, May 27th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Dollar Tree from $180.00 to $179.00 in a research note on Wednesday, May 25th. BMO Capital Markets boosted their target price on shares of Dollar Tree from $180.00 to $187.00 in a research note on Friday, May 27th. Morgan Stanley boosted their target price on shares of Dollar Tree from $150.00 to $160.00 and gave the stock an "equal weight" rating in a research note on Friday, May 27th. Finally, Telsey Advisory Group lowered their target price on shares of Dollar Tree from $180.00 to $160.00 and set an "outperform" rating for the company in a research note on Tuesday, May 24th. One research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $163.82.