Dollar General Corp. (DG) concluded trading on Wednesday at a closing price of $158.17, with 5.57 million shares of worth about $880.8 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.67% during that period and on March 13, 2024 the price saw a loss of about -1.89%. Currently the company’s common shares owned by public are about 219.10M shares, out of which, 218.80M shares are available for trading.
However, the stock later moved at a day high price of 158.75, or with a loss of -1.89%. Stock saw a price change of 1.39% in past 5 days and over the past one month there was a price change of 16.18%. Year-to-date (YTD), DG shares are showing a performance of 16.34% which decreased to -27.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $101.09 but also hit the highest price of $222.99 during that period. The average intraday trading volume for Dollar General Corp. shares is 2.43 million. The stock is currently trading 8.21% above its 20-day simple moving average (SMA20), while that difference is up 13.55% for SMA50 and it goes to 12.56% higher than SMA200.
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Dollar General Corp. (NYSE: DG) currently have 219.10M outstanding shares and institutions hold larger chunk of about 93.34% of that.
The stock has a current market capitalization of $34.72B and its 3Y-monthly beta is at 0.41. PE ratio of stock for trailing 12 months is 18.21, while it has posted earnings per share of $8.69 in the same period. It has Quick Ratio of 0.13 while making debt-to-equity ratio of 2.80. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DG, volatility over the week remained 1.96% while standing at 2.47% over the month.
Analysts are in expectations that Dollar General Corp. (DG) stock would likely to be making an EPS of $1.75 in the current quarter, while forecast for next quarter EPS is $1.89 and it is $7.55 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.55 which is $1.99 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $2.96 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -30.15% while it is estimated to decrease by -0.59% in next year. EPS is likely to shrink at an annualized rate of -5.83% for next 5-years, compared to annual growth of 13.65% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on March 12, 2024 offering a Neutral rating for the stock and assigned a target price range of between $120 and $158 to it. Coverage by Telsey Advisory Group stated Dollar General Corp. (DG) stock as a Market perform in their note to investors on March 11, 2024, suggesting a price target of $155 for the stock. On January 16, 2024, Morgan Stanley Upgrade their recommendations, while on January 04, 2024, Barclays Upgrade their ratings for the stock with a price target of $154. Stock get a Hold rating from HSBC Securities on October 16, 2023.
