Dollar General Corp (DG): Not A Time To Panic Nor Freeze

Dollar General Corp (DG) concluded trading on Wednesday at a closing price of $79.50, with 5.87 million shares of worth about $466.96 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -40.86% during that period and on December 04, 2024 the price saw a gain of about 0.61%. Currently the company’s common shares owned by public are about 219.91M shares, out of which, 219.23M shares are available for trading.

Stock saw a price change of 6.51% in past 5 days and over the past one month there was a price change of -3.05%. Year-to-date (YTD), DG shares are showing a performance of -41.52% which decreased to -41.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $72.12 but also hit the highest price of $168.07 during that period. The average intraday trading volume for Dollar General Corp shares is 4.36 million. The stock is currently trading 3.90% above its 20-day simple moving average (SMA20), while that difference is down -0.55% for SMA50 and it goes to -32.49% lower than SMA200.

Dollar General Corp (NYSE: DG) currently have 219.91M outstanding shares and institutions hold larger chunk of about 88.71% of that.

The stock has a current market capitalization of $17.48B and its 3Y-monthly beta is at 0.44. PE ratio of stock for trailing 12 months is 12.35, while it has posted earnings per share of $6.44 in the same period. It has Quick Ratio of 0.24 while making debt-to-equity ratio of 2.51. 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 2.47% while standing at 2.75% over the month.

Stock’s fiscal year EPS is expected to drop by -22.93% while it is estimated to increase by 4.54% in next year. EPS is likely to shrink at an annualized rate of -1.24% 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 Bernstein on October 22, 2024 offering an Outperform rating for the stock and assigned a target price of $98 to it. Coverage by Citigroup stated Dollar General Corp (DG) stock as a Sell in their note to investors on September 27, 2024, suggesting a price target of $73 for the stock. On August 30, 2024, Telsey Advisory Group Downgrade their recommendations, while on August 30, 2024, Morgan Stanley Downgrade their ratings for the stock with a price target of $100. Stock get a Hold rating from Gordon Haskett on August 30, 2024.

Most Popular

Related Posts