Headlines about Dollar Tree (NASDAQ:DLTR) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dollar Tree earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.8256105929472 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern’s scoring:
- Big winners after Toys R Us' death are still Walmart and Target, but also Costco (finance.yahoo.com)
- Dollar General On A Roll (seekingalpha.com)
- Why Did Dollar Tree, Inc. Shares Drop 12% in August? (fool.com)
- Dollar Tree: Another Selloff, Another Buying Opportunity (seekingalpha.com)
- Dollar Tree, Inc. (NasdaqGS:DLTR): A Look Into the Volatility & Valuation (baycityobserver.com)
Shares of DLTR stock opened at $84.41 on Friday. Dollar Tree has a 1 year low of $79.17 and a 1 year high of $116.65. The company has a market cap of $20.21 billion, a PE ratio of 17.37, a P/E/G ratio of 1.09 and a beta of 0.77. The company has a current ratio of 2.24, a quick ratio of 0.52 and a debt-to-equity ratio of 0.66.
Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Thursday, August 30th. The company reported $1.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.16 by ($0.01). Dollar Tree had a return on equity of 17.63% and a net margin of 7.53%. The company had revenue of $5.53 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same quarter in the previous year, the company posted $0.99 earnings per share. Dollar Tree’s revenue for the quarter was up 4.6% on a year-over-year basis. research analysts predict that Dollar Tree will post 5.5 EPS for the current year.
Several analysts have recently weighed in on the stock. ValuEngine upgraded shares of Dollar Tree from a “sell” rating to a “hold” rating in a research report on Friday, June 8th. BidaskClub upgraded shares of Dollar Tree from a “hold” rating to a “buy” rating in a research report on Saturday, June 16th. Telsey Advisory Group decreased their target price on shares of Dollar Tree from $105.00 to $100.00 and set an “outperform” rating on the stock in a research report on Friday, June 1st. Credit Suisse Group set a $93.00 price target on shares of Dollar Tree and gave the company a “buy” rating in a research report on Tuesday, June 12th. Finally, Oppenheimer reduced their price target on shares of Dollar Tree from $108.00 to $92.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 5th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. Dollar Tree presently has an average rating of “Hold” and a consensus price target of $102.26.
In related news, Director Thomas E. Whiddon bought 2,250 shares of Dollar Tree stock in a transaction dated Monday, June 18th. The shares were bought at an average cost of $88.78 per share, for a total transaction of $199,755.00. Following the completion of the transaction, the director now owns 26,121 shares of the company’s stock, valued at $2,319,022.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.
About Dollar Tree
Dollar Tree, Inc operates discount variety retail stores in the United States and Canada. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise.
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