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 Price Performance
NASDAQ:DLTR traded up $1.97 on Monday, reaching $166.94. 38,964 shares of the stock traded hands, compared to its average volume of 2,430,199. The firm's fifty day simple moving average is $161.57 and its 200 day simple moving average is $154.38. The company has a quick ratio of 0.35, a current ratio of 1.46 and a debt-to-equity ratio of 0.41. The company has a market cap of $37.49 billion, a price-to-earnings ratio of 25.11, a P/E/G ratio of 1.30 and a beta of 0.68. Dollar Tree has a 12 month low of $84.26 and a 12 month high of $177.19.
Dollar Tree (NASDAQ:DLTR - Get Rating) last issued its quarterly earnings results on Thursday, May 26th. The company reported $2.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.98 by $0.39. The firm 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 quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the company posted $1.60 EPS. As a group, research analysts predict that Dollar Tree will post 8.15 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
DLTR has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft dropped their price target on Dollar Tree from $180.00 to $179.00 in a research report on Wednesday, May 25th. StockNews.com upgraded Dollar Tree from a "hold" rating to a "buy" rating in a research report on Tuesday, June 21st. BMO Capital Markets increased their price target on Dollar Tree from $180.00 to $187.00 in a research report on Friday, May 27th. Telsey Advisory Group dropped their price target on Dollar Tree from $180.00 to $160.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 24th. Finally, Truist Financial increased their price target on Dollar Tree to $178.00 in a research report on Friday, May 27th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $163.82.