Company’s 36-month beta value is 0.91.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 8 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for DLTR is 217.33M, and currently, short sellers hold a 2.29% ratio of that floaft. The average trading volume of DLTR on May 08, 2024 was 2.94M shares.
DLTR) stock’s latest price update
The stock of Dollar Tree Inc (NASDAQ: DLTR) has increased by 1.24 when compared to last closing price of 120.18.Despite this, the company has seen a gain of 2.89% in its stock price over the last five trading days. Market Watch reported 2024-04-17 that Mohammed El-Erian took to social media on Wednesday to post a chart, drawing on International Monetary Fund research, showing that the U.S. has depleted pandemic savings faster than other economies.
DLTR’s Market Performance
Dollar Tree Inc (DLTR) has experienced a 2.89% rise in stock performance for the past week, with a -5.11% drop in the past month, and a -11.68% drop in the past quarter. The volatility ratio for the week is 1.97%, and the volatility levels for the past 30 days are at 2.19% for DLTR. The simple moving average for the last 20 days is -0.89% for DLTR’s stock, with a simple moving average of -5.05% for the last 200 days.
Analysts’ Opinion of DLTR
Many brokerage firms have already submitted their reports for DLTR stocks, with KeyBanc Capital Markets repeating the rating for DLTR by listing it as a “Overweight.” The predicted price for DLTR in the upcoming period, according to KeyBanc Capital Markets is $150 based on the research report published on May 01, 2024 of the current year 2024.
Gordon Haskett, on the other hand, stated in their research note that they expect to see DLTR reach a price target of $140, previously predicting the price at $150. The rating they have provided for DLTR stocks is “Hold” according to the report published on April 03rd, 2024.
Gordon Haskett gave a rating of “Buy” to DLTR, setting the target price at $160 in the report published on February 07th of the current year.
DLTR Trading at -7.30% 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 -24.48% of loss for the given period.
Volatility was left at 2.19%, however, over the last 30 days, the volatility rate increased by 1.97%, as shares sank -4.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.53% lower at present.
During the last 5 trading sessions, DLTR rose by +2.89%, which changed the moving average for the period of 200-days by -19.73% in comparison to the 20-day moving average, which settled at $122.48. In addition, Dollar Tree Inc saw -14.35% 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 DLTR starting from Davis Jeffrey A., who purchase 1,800 shares at the price of $136.00 back on Apr 01 ’24. After this action, Davis Jeffrey A. now owns 19,047 shares of Dollar Tree Inc, valued at $244,794 using the latest closing price.
HEINRICH DANIEL J, the Director of Dollar Tree Inc, purchase 1,000 shares at $127.85 during a trade that took place back on Mar 18 ’24, which means that HEINRICH DANIEL J is holding 6,225 shares at $127,850 based on the most recent closing price.
Stock Fundamentals for DLTR
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.3 for the gross margin
The net margin for Dollar Tree Inc stands at -0.03. The total capital return value is set at 0.01. Equity return is now at value -12.43, with -4.43 for asset returns.
Based on Dollar Tree Inc (DLTR), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.54. The debt to equity ratio resting at 0.68. The interest coverage ratio of the stock is 1.75.
Currently, EBITDA for the company is 1.54 billion with net debt to EBITDA at 11.95. When we switch over and look at the enterprise to sales, we see a ratio of 1.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.
Conclusion
In a nutshell, Dollar Tree Inc (DLTR) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
