In the past week, DLTR stock has gone up by 2.98%, with a monthly gain of 4.59% and a quarterly plunge of -17.85%. The volatility ratio for the week is 2.36%, and the volatility levels for the last 30 days are 2.17% for Dollar Tree Inc The simple moving average for the past 20 days is 2.51% for DLTR’s stock, with a -14.98% simple moving average for the past 200 days.
Is It Worth Investing in Dollar Tree Inc (NASDAQ: DLTR) Right Now?
Dollar Tree Inc (NASDAQ: DLTR) has a price-to-earnings ratio of 21.05x that is above its average ratio. Additionally, the 36-month beta value for DLTR is 0.78. There are mixed opinions on the stock, with 13 analysts rating it as a “buy,” 2 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for DLTR is $147.89, which is $32.38 above the current price. The public float for DLTR is 219.43M and currently, short sellers hold a 2.95% ratio of that float. The average trading volume of DLTR on November 21, 2023 was 2.48M shares.
DLTR) stock’s latest price update
Dollar Tree Inc (NASDAQ: DLTR) has seen a rise in its stock price by 0.52 in relation to its previous close of 115.00. However, the company has experienced a 2.98% gain in its stock price over the last five trading sessions. MarketBeat reported 2023-11-20 that Some individual names like Ralph Lauren Co. NYSE: RL have been having a decent year, some big names like Target Corporation NYSE: TGT have been struggling, while others like Abercrombie & Fitch Company NYSE: ANF have had their best run in years.
Analysts’ Opinion of DLTR
Many brokerage firms have already submitted their reports for DLTR stocks, with Goldman repeating the rating for DLTR by listing it as a “Buy.” The predicted price for DLTR in the upcoming period, according to Goldman is $137 based on the research report published on October 17, 2023 of the current year 2023.
DLTR Trading at 4.72% 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 -30.42% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares surge +6.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.30% lower at present.
During the last 5 trading sessions, DLTR rose by +2.98%, which changed the moving average for the period of 200-days by -22.89% in comparison to the 20-day moving average, which settled at $113.10. In addition, Dollar Tree Inc saw -18.27% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at DLTR starting from Aflatooni Robert, who sale 1,259 shares at the price of $107.03 back on Oct 11. After this action, Aflatooni Robert now owns 7,157 shares of Dollar Tree Inc, valued at $134,754 using the latest closing price.
HEINRICH DANIEL J, the Director of Dollar Tree Inc, purchase 1,650 shares at $105.24 during a trade that took place back on Sep 22, which means that HEINRICH DANIEL J is holding 1,650 shares at $173,646 based on the most recent closing price.
Stock Fundamentals for DLTR
Current profitability levels for the company are sitting at:
- +8.03 for the present operating margin
- +31.43 for the gross margin
The net margin for Dollar Tree Inc stands at +5.70. The total capital return value is set at 12.45, while invested capital returns managed to touch 9.58. Equity return is now at value 13.98, with 5.29 for asset returns.
Based on Dollar Tree Inc (DLTR), the company’s capital structure generated 115.71 points at debt to equity in total, while total debt to capital is 53.64. Total debt to assets is 43.99, with long-term debt to equity ratio resting at 99.15. Finally, the long-term debt to capital ratio is 45.96.
When we switch over and look at the enterprise to sales, we see a ratio of 1.19, with the company’s debt to enterprise value settled at 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.
In conclusion, Dollar Tree Inc (DLTR) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.