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 Price Performance

Shares of NASDAQ:DLTR opened at $165.97 on Thursday. The firm has a market cap of $37.27 billion, a PE ratio of 25.26, a price-to-earnings-growth ratio of 1.30 and a beta of 0.68. The firm's fifty day moving average is $161.86 and its 200-day moving average is $154.84. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.35 and a current ratio of 1.46. Dollar Tree has a 52 week low of $84.26 and a 52 week high of $177.19.

Dollar Tree (NASDAQ:DLTR - Get Rating) last released its 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 for the quarter, compared to analyst estimates of $6.77 billion. Dollar Tree had a net margin of 5.57% and a return on equity of 19.71%. Dollar Tree's revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.60 earnings per share. Sell-side analysts predict that Dollar Tree will post 8.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

DLTR has been the topic of a number of recent analyst reports. Truist Financial lifted their price objective on shares of Dollar Tree to $178.00 in a research note on Friday, May 27th. Citigroup lifted their price objective on shares of Dollar Tree from $162.00 to $190.00 and gave the company a "buy" rating in a research note on Tuesday, May 31st. Guggenheim boosted their target price on shares of Dollar Tree to $185.00 in a research note on Friday, May 27th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Dollar Tree from $180.00 to $179.00 in a research note on Wednesday, May 25th. Finally, 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. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $163.82.