In the past week, DG stock has gone down by -10.21%, with a monthly decline of -29.16% and a quarterly plunge of -30.80%. The volatility ratio for the week is 2.89%, and the volatility levels for the last 30 days are 3.05% for Dollar General Corporation The simple moving average for the last 20 days is -18.73% for DG stock, with a simple moving average of -43.34% for the last 200 days.
Is It Worth Investing in Dollar General Corporation (NYSE: DG) Right Now?
Dollar General Corporation (NYSE: DG) has a price-to-earnings ratio that is above its average at 11.65x. and a 36-month beta value of 0.32. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 3 as “overweight,” 19 as “hold,” and 0 as “sell.”
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The average price predicted for Dollar General Corporation (DG) by analysts is $149.48, which is $39.67 above the current market price. The public float for DG is 218.36M, and at present, short sellers hold a 2.11% of that float. On September 18, 2023, the average trading volume of DG was 3.31M shares.
DG) stock’s latest price update
Dollar General Corporation (NYSE: DG)’s stock price has plunge by -1.71relation to previous closing price of 115.68. Nevertheless, the company has seen a -10.21% plunge in its stock price over the last five trading sessions. The Motley Fool reported 2023-09-17 that Dollar General missed analysts’ estimates in the most recent quarter. Its history of rising revenue and profits has helped it pay increasing dividends.
Analysts’ Opinion of DG
Many brokerage firms have already submitted their reports for DG stocks, with Telsey Advisory Group repeating the rating for DG by listing it as a “Market Perform.” The predicted price for DG in the upcoming period, according to Telsey Advisory Group is $145 based on the research report published on September 01, 2023 of the current year 2023.
DG Trading at -27.02% from the 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, the company was unable to rebound, for now settling with -56.53% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 2.89%, as shares sank -30.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.91% lower at present.
During the last 5 trading sessions, DG fell by -10.29%, which changed the moving average for the period of 200-days by -55.07% in comparison to the 20-day moving average, which settled at $137.44. In addition, Dollar General Corporation saw -53.83% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DG starting from CALBERT MICHAEL M, who purchase 6,000 shares at the price of $155.44 back on Jun 08. After this action, CALBERT MICHAEL M now owns 6,000 shares of Dollar General Corporation, valued at $932,638 using the latest closing price.
CALBERT MICHAEL M, the Director of Dollar General Corporation, purchase 2,500 shares at $155.25 during a trade that took place back on Jun 08, which means that CALBERT MICHAEL M is holding 116,682 shares at $388,125 based on the most recent closing price.
Stock Fundamentals for DG
Current profitability levels for the company are sitting at:
- +8.80 for the present operating margin
- +31.23 for the gross margin
The net margin for Dollar General Corporation stands at +6.38. The total capital return value is set at 15.24, while invested capital returns managed to touch 11.72. Equity return is now at value 36.30, with 7.30 for asset returns.
Based on Dollar General Corporation (DG), the company’s capital structure generated 318.69 points at debt to equity in total, while total debt to capital is 76.12. Total debt to assets is 55.30, with long-term debt to equity ratio resting at 295.43. Finally, the long-term debt to capital ratio is 70.56.
When we switch over and look at the enterprise to sales, we see a ratio of 1.10, with the company’s debt to enterprise value settled at 0.26. The receivables turnover for the company is 324.61 and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.
Conclusion
To sum up, Dollar General Corporation (DG) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
