Dollar General Corp. (DG) concluded trading on Thursday at a closing price of $159.04, with 3.28 million shares of worth about $521.04 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 50.62% during that period and on April 4, 2024 the price saw a loss of about -0.09%. Currently the company’s common shares owned by public are about 219.66M shares, out of which, 218.91M shares are available for trading.
However, the stock later moved at a day high price of 159.81, or with a loss of -0.09%. Stock saw a price change of 3.13% in past 5 days and over the past one month there was a price change of 2.71%. Year-to-date (YTD), DG shares are showing a performance of 16.98% which decreased to -24.94% 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 2.36 million. The stock is currently trading 2.38% above its 20-day simple moving average (SMA20), while that difference is up 9.70% for SMA50 and it goes to 14.18% higher than SMA200.
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Dollar General Corp. (NYSE: DG) currently have 219.66M outstanding shares and institutions hold larger chunk of about 93.22% of that.
The stock has a current market capitalization of $34.94B and its 3Y-monthly beta is at 0.41. PE ratio of stock for trailing 12 months is 21.06, while it has posted earnings per share of $7.55 in the same period. It has Quick Ratio of 0.15 while making debt-to-equity ratio of 2.68. 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 2.91% while standing at 2.93% over the month.
Stock’s fiscal year EPS is expected to drop by -4.19% while it is estimated to increase by 12.99% in next year. EPS is likely to shrink at an annualized rate of -2.86% for next 5-years, compared to annual growth of 4.82% 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 Telsey Advisory Group on March 15, 2024 offering an Outperform rating for the stock and assigned a target price of $170 to it. Coverage by JP Morgan stated Dollar General Corp. (DG) stock as a Neutral in their note to investors on March 12, 2024, suggesting a price target of $158 for the stock. On March 11, 2024, Telsey Advisory Group Reiterated their recommendations, while on January 16, 2024, Morgan Stanley Upgrade their ratings for the stock with a price target of $160. Stock get an Overweight rating from Barclays on January 04, 2024.
