Dollar General Corporation (NYSE:DG) went down by -3.24% from its latest closing price when compared to the 1-year high value of $167.44 and move down -22.01%, while DG stocks collected -7.74% of loss with the last five trading sessions. The Wall Street Journal reported 7 hours ago that Coronavirus Shows Cash Is King, Even for Biggest U.S. Companies
Dollar General Corporation (NYSE:DG) Worth an Investment?
Dollar General Corporation (NYSE: DG) scored price to earnings ratio above its average ratio, recording 20.66 times of increase in earnings at the present.
DG Market Performance
DG stocks went down by -7.74% for the week, with the monthly drop of -15.03% and a quarterly performance of -11.56%, while its annual performance rate touched 15.54%. The simple moving average for the period of the last 20 days is -9.65% for DG stocks with the simple moving average of -9.45% for the last 200 days.
Analysts’ Opinion on Dollar General Corporation (NYSE:DG)
Many brokerage firms have already submitted their reports for DG stocks, with Evercore ISI repeating the rating for DG shares by setting it to “In-line”. The predicted price for DG socks in the upcoming period according to Evercore ISI is $21 based on the research report published on March 13, 2020.
Jefferies, on the other hand, stated in their research note that they expect to see DG stock at the price of $21. The rating they have provided for DG stocks is “Buy” according to the report published on February 28, 2020.
Raymond James gave “Strong Buy” rating to DG stocks, setting the target price at $185 in the report published on February 24, 2020.
DG Stocks -11.74% Far from 50 Day Moving Average
After a stumble in the market that brought DG to its low price for the period of the last 52 weeks, Dollar General Corporation was unable to take a rebound, for now settling with -18.04% of loss for the given period.
The stock volatility was left at 6.92%, however, within the period of a single month, the volatility rate increased by 6.78%, while the shares sank at the distance of -15.64% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -10.96% lower at the present time.
In the course of the last 5 trading sessions, DG went down by -7.74%, which changed the moving average for the period of 200 days to the total of +1.67% of gains for the stock in comparison to the 20-day moving average settled at $150.62. In addition, Dollar General Corporation saw -12.02% in overturn over the period of a single year with a tendency to cut further losses.
DG Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Dollar General Corporation (DG), starting from Ravener Robert D, who sold 8,973 shares at the price of $123.82 back on Apr 16. After this action, Rushing now owns 17,794 shares of Dollar General Corporation, valued at $1,111,034 with the latest closing price.
Ravener Robert D, the EVP & Chief People Officer of Dollar General Corporation, sold 38,659 shares at the value of $119.84 during a trade that took place back on Apr 04, which means that Ravener Robert D is holding 26,767 shares at the value of $4,632,873 based on the most recent closing price.
DG Stock Fundamentals
The current profitability levels are settled at +8.50 for the present operating margin and +30.59 for gross margin. The net margin for Dollar General Corporation stands at +6.17. Equity return holds the value 25.70%, with 7.70% for asset returns.