The price-to-earnings ratio for Dollar General Corp. (NYSE: DG) is above average at 18.03x. The 36-month beta value for DG is also noteworthy at 0.46. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 6 rating it as “overweight,” 14 rating it as “hold,” and 0 rating it as “sell.”
The public float for DG is 219.02M, and at present, short sellers hold a 3.13% of that float. The average trading volume of DG on May 07, 2024 was 2.30M shares.
DG) stock’s latest price update
Dollar General Corp. (NYSE: DG)’s stock price has decreased by -0.98 compared to its previous closing price of 137.49. However, the company has seen a -3.55% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-03 that Dollar General (DG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
DG’s Market Performance
DG’s stock has fallen by -3.55% in the past week, with a monthly drop of -14.67% and a quarterly rise of 1.44%. The volatility ratio for the week is 2.33% while the volatility levels for the last 30 days are 2.32% for Dollar General Corp. The simple moving average for the past 20 days is -6.03% for DG’s stock, with a -0.58% simple moving average for the past 200 days.
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 “Outperform.” The predicted price for DG in the upcoming period, according to Telsey Advisory Group is $170 based on the research report published on March 15, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see DG reach a price target of $158, previously predicting the price at $120. The rating they have provided for DG stocks is “Neutral” according to the report published on March 12th, 2024.
Telsey Advisory Group gave a rating of “Market Perform” to DG, setting the target price at $155 in the report published on March 11th of the current year.
DG Trading at -9.09% 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 -38.54% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 2.33%, as shares sank -13.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.03% lower at present.
During the last 5 trading sessions, DG fell by -3.55%, which changed the moving average for the period of 200-days by -19.34% in comparison to the 20-day moving average, which settled at $143.85. In addition, Dollar General Corp. saw 0.14% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DG starting from Santana Ralph, who sale 3,009 shares at the price of $155.72 back on Apr 11 ’24. After this action, Santana Ralph now owns 3,248 shares of Dollar General Corp., valued at $468,567 using the latest closing price.
Wenkoff Carman R, the EVP & Chief Information Ofc of Dollar General Corp., sale 5,909 shares at $162.23 during a trade that took place back on Apr 04 ’24, which means that Wenkoff Carman R is holding 28,579 shares at $958,616 based on the most recent closing price.
Stock Fundamentals for DG
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.3 for the gross margin
The net margin for Dollar General Corp. stands at 0.04. The total capital return value is set at 0.09. Equity return is now at value 27.03, with 5.06 for asset returns.
Based on Dollar General Corp. (DG), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 1.24. The interest coverage ratio of the stock is 7.49.
Currently, EBITDA for the company is 3.3 billion with net debt to EBITDA at 5.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.23. The receivables turnover for the company is 344.65for trailing twelve months and the total asset turnover is 1.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
In summary, Dollar General Corp. (DG) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
