Better Times Ahead For Dollar General Corp (NYSE: DG)?

Dollar General Corp (DG) concluded trading on Wednesday at a closing price of $71.62, with 5.78 million shares of worth about $413.93 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -43.83% during that period and on January 08, 2025 the price saw a loss of about -3.44%. Currently the company’s common shares owned by public are about 219.93M shares, out of which, 219.29M shares are available for trading.

Stock saw a price change of -5.54% in past 5 days and over the past one month there was a price change of -12.22%. Year-to-date (YTD), DG shares are showing a performance of -5.54% which decreased to -46.64% 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 4.11 million. The stock is currently trading -5.72% below its 20-day simple moving average (SMA20), while that difference is down -7.15% for SMA50 and it goes to -34.41% lower than SMA200.

Dollar General Corp (NYSE: DG) currently have 219.93M outstanding shares and institutions hold larger chunk of about 88.70% of that.

The stock has a current market capitalization of $15.75B and its 3Y-monthly beta is at 0.44. PE ratio of stock for trailing 12 months is 11.80, while it has posted earnings per share of $6.07 in the same period. It has Quick Ratio of 0.15 while making debt-to-equity ratio of 2.39. 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 4.09% while standing at 3.15% over the month.

Stock’s fiscal year EPS is expected to drop by -23.90% while it is estimated to increase by 3.28% in next year. EPS is likely to shrink at an annualized rate of -3.83% 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 BofA Securities on December 06, 2024 offering a Buy rating for the stock and assigned a target price of $95 to it. Coverage by Telsey Advisory Group stated Dollar General Corp (DG) stock as a Market perform in their note to investors on December 06, 2024, suggesting a price target of $88 for the stock. On October 22, 2024, Bernstein Initiated their recommendations, while on September 27, 2024, Citigroup Downgrade their ratings for the stock with a price target of $73. Stock get a Market perform rating from Telsey Advisory Group on August 30, 2024.

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