Additionally, the 36-month beta value for DLTR is 0.90. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 8 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
The public float for DLTR is 214.74M and currently, short sellers hold a 4.11% ratio of that float. The average trading volume of DLTR on August 13, 2024 was 2.79M shares.
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DLTR) stock’s latest price update
Dollar Tree Inc (NASDAQ: DLTR)’s stock price has dropped by -1.21 in relation to previous closing price of 95.05. Nevertheless, the company has seen a loss of -2.69% in its stock price over the last five trading days. zacks.com reported 2024-08-06 that The latest trading day saw Dollar Tree (DLTR) settling at $96.58, representing a +0.08% change from its previous close.
DLTR’s Market Performance
DLTR’s stock has fallen by -2.69% in the past week, with a monthly drop of -12.54% and a quarterly drop of -22.42%. The volatility ratio for the week is 2.68% while the volatility levels for the last 30 days are 2.80% for Dollar Tree Inc The simple moving average for the last 20 days is -8.05% for DLTR’s stock, with a simple moving average of -23.53% for the last 200 days.
Analysts’ Opinion of DLTR
Many brokerage firms have already submitted their reports for DLTR stocks, with Piper Sandler repeating the rating for DLTR by listing it as a “Neutral.” The predicted price for DLTR in the upcoming period, according to Piper Sandler is $112 based on the research report published on July 16, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see DLTR reach a price target of $155, previously predicting the price at $160. The rating they have provided for DLTR stocks is “Outperform” according to the report published on June 06th, 2024.
Citigroup gave a rating of “Neutral” to DLTR, setting the target price at $120 in the report published on June 06th of the current year.
DLTR Trading at -11.56% 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 -37.93% of loss for the given period.
Volatility was left at 2.80%, however, over the last 30 days, the volatility rate increased by 2.68%, as shares sank -9.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.20% lower at present.
During the last 5 trading sessions, DLTR fell by -2.69%, which changed the moving average for the period of 200-days by -13.08% in comparison to the 20-day moving average, which settled at $101.63. In addition, Dollar Tree Inc saw -33.90% 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 Aflatooni Robert, who sale 827 shares at the price of $105.58 back on Jun 25 ’24. After this action, Aflatooni Robert now owns 9,725 shares of Dollar Tree Inc, valued at $87,315 using the latest closing price.
Davis Jeffrey A., the Chief Financial Officer of Dollar Tree Inc, purchase 1,800 shares at $136.00 during a trade that took place back on Apr 01 ’24, which means that Davis Jeffrey A. is holding 19,047 shares at $244,794 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
- 0.31 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 -12.30, with -4.41 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 0.53. The debt to equity ratio resting at 0.68. The interest coverage ratio of the stock is 1.79.
Currently, EBITDA for the company is 1.54 billion with net debt to EBITDA at 11.44. When we switch over and look at the enterprise to sales, we see a ratio of 0.97. The receivables turnover for the company is 30912800000.0for trailing twelve months and the total asset turnover is 1.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.
Conclusion
In conclusion, Dollar Tree Inc (DLTR) has seen bad 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.
