Dollar Tree Inc (NASDAQ: DLTR)’s stock price has plunge by 0.04relation to previous closing price of 71.73. Nevertheless, the company has seen a -0.21% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-23 that Dollar Tree’s core business has performed comparably to Walmart since 2023. Its 50% drop presents an attractive opportunity. Dollar Stores face macro headwinds, but they expose no durable or structural risks to the Dollar Stores. Dollar Tree’s strategic review and initiatives under Dreiling’s leadership could unlock its trapped value and presents further upside.
Is It Worth Investing in Dollar Tree Inc (NASDAQ: DLTR) Right Now?
The 36-month beta value for DLTR is also noteworthy at 0.87. 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.”
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The public float for DLTR is 214.79M, and at present, short sellers hold a 4.13% of that float. The average trading volume of DLTR on September 24, 2024 was 4.06M shares.
DLTR’s Market Performance
The stock of Dollar Tree Inc (DLTR) has seen a -0.21% decrease in the past week, with a -26.75% drop in the past month, and a -33.15% fall in the past quarter. The volatility ratio for the week is 3.91%, and the volatility levels for the past 30 days are at 4.83% for DLTR. The simple moving average for the past 20 days is -6.60% for DLTR’s stock, with a -39.26% simple moving average for the past 200 days.
Analysts’ Opinion of DLTR
Many brokerage firms have already submitted their reports for DLTR stocks, with Telsey Advisory Group repeating the rating for DLTR by listing it as a “Outperform.” The predicted price for DLTR in the upcoming period, according to Telsey Advisory Group is $95 based on the research report published on September 05, 2024 of the current year 2024.
Loop Capital, on the other hand, stated in their research note that they expect to see DLTR reach a price target of $65. The rating they have provided for DLTR stocks is “Hold” according to the report published on September 05th, 2024.
BMO Capital Markets gave a rating of “Market Perform” to DLTR, setting the target price at $68 in the report published on September 05th of the current year.
DLTR Trading at -21.29% 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 -52.54% of loss for the given period.
Volatility was left at 4.83%, however, over the last 30 days, the volatility rate increased by 3.91%, as shares sank -26.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.16% lower at present.
During the last 5 trading sessions, DLTR fell by -0.21%, which changed the moving average for the period of 200-days by -43.83% in comparison to the 20-day moving average, which settled at $75.57. In addition, Dollar Tree Inc saw -49.48% 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 HEINRICH DANIEL J, who purchase 2,200 shares at the price of $68.27 back on Sep 06 ’24. After this action, HEINRICH DANIEL J now owns 9,823 shares of Dollar Tree Inc, valued at $150,194 using the latest closing price.
Aflatooni Robert, the Chief Information Officer of Dollar Tree Inc, sale 827 shares at $105.58 during a trade that took place back on Jun 25 ’24, which means that Aflatooni Robert is holding 9,725 shares at $87,315 based on the most recent closing price.
Stock Fundamentals for DLTR
Current profitability levels for the company are sitting at:
- 0.0 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 -12.98, with -4.63 for asset returns.
Based on Dollar Tree Inc (DLTR), the company’s capital structure generated 0.41 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 0.71. The interest coverage ratio of the stock is 0.94.
Currently, EBITDA for the company is 1.54 billion with net debt to EBITDA at 12.63. When we switch over and look at the enterprise to sales, we see a ratio of 0.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.
Conclusion
In summary, Dollar Tree Inc (DLTR) has had a bad 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.
