Dollar Tree Inc. (NASDAQ:DLTR) went down by -1.07% from its latest closing price compared to the recent 1-year high of $177.19. The company’s stock price has collected -3.47% of loss in the last five trading sessions. Barron’s reported on 11/22/22 that Retail Earnings Are Surprisingly Strong. What It Means for Holiday Shopping.
Is It Worth Investing in Dollar Tree Inc. (NASDAQ :DLTR) Right Now?
Dollar Tree Inc. (NASDAQ:DLTR) scored a price-to-earnings ratio above its average ratio, recording 19.98 x from its present earnings ratio. Plus, the 36-month beta value for DLTR is at 0.70. Opinions of the stock are interesting as 13 analysts out of 26 who provided ratings for Dollar Tree Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 11 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $166.67, which is $21.45 above the current price. DLTR currently public float of 218.28M and currently shorts hold a 2.86% ratio of that float. Today, the average trading volume of DLTR was 2.17M shares.
DLTR’s Market Performance
DLTR stocks went down by -3.47% for the week, with a monthly jump of 0.11% and a quarterly performance of 2.17%, while its annual performance rate touched 10.67%. The volatility ratio for the week stands at 2.10% while the volatility levels for the past 30 days are set at 2.15% for Dollar Tree Inc. The simple moving average for the period of the last 20 days is -0.20% for DLTR stocks with a simple moving average of -7.12% for the last 200 days.
Analysts’ Opinion of DLTR
Many brokerage firms have already submitted their reports for DLTR stocks, with Credit Suisse repeating the rating for DLTR by listing it as a “Neutral.” The predicted price for DLTR in the upcoming period, according to Credit Suisse is $150 based on the research report published on December 20th of the previous year 2022.
Piper Sandler, on the other hand, stated in their research note that they expect to see DLTR reach a price target of $181, previously predicting the price at $157. The rating they have provided for DLTR stocks is “Overweight” according to the report published on March 09th, 2022.
Loop Capital gave a rating of “Buy” to DLTR, setting the target price at $200 in the report published on March 09th of the previous year.
DLTR Trading at -4.31% from the 50-Day Moving Average
After a stumble in the market that brought DLTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.40% of loss for the given period.
Volatility was left at 2.15%, however, over the last 30 days, the volatility rate increased by 2.10%, as shares surge +2.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.69% lower at present.
During the last 5 trading sessions, DLTR fell by -3.47%, which changed the moving average for the period of 200-days by -10.42% in comparison to the 20-day moving average, which settled at $143.26. In addition, Dollar Tree Inc. saw 0.97% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DLTR starting from Jacobs David A., who sale 1,346 shares at the price of $162.80 back on Apr 08. After this action, Jacobs David A. now owns 17,085 shares of Dollar Tree Inc., valued at $219,123 using the latest closing price.
Jacobs David A., the Chief Strategy Officer of Dollar Tree Inc., sale 542 shares at $157.94 during a trade that took place back on Apr 07, which means that Jacobs David A. is holding 18,431 shares at $85,604 based on the most recent closing price.
Stock Fundamentals for DLTR
Current profitability levels for the company are sitting at:
- +7.03 for the present operating margin
- +29.28 for the gross margin
The net margin for Dollar Tree Inc. stands at +5.04. Equity return is now at value 19.80, with 7.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.