Dollar Tree Inc (NASDAQ: DLTR) Hogging The Spotlight Today

Currently, there are 215.03M common shares owned by the public and among those 214.78M shares have been available to trade.

The company’s stock has a 5-day price change of 3.32% and -2.78% over the past three months. DLTR shares are trading -10.41% year to date (YTD), with the 12-month market performance down to -47.22% lower. It has a 12-month low price of $60.49 and touched a high of $137.14 over the same period. DLTR has an average intraday trading volume of 3.08 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.74%, -5.45%, and -15.81% respectively.

Institutional ownership of Dollar Tree Inc (NASDAQ: DLTR) shares accounts for 102.71% of the company’s 215.03M shares outstanding.

It has a market capitalization of $14.44B and a beta (3y monthly) value of 0.92. The earnings-per-share (ttm) stands at -$4.77. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.13% over the week and 4.66% over the month.

Analysts forecast that Dollar Tree Inc (DLTR) will achieve an EPS of 2.2 for the current quarter, 1.48 for the next quarter and 5.96 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 2.13 while analysts give the company a high EPS estimate of 2.13. Comparatively, EPS for the current quarter was 2.55 a year ago. Earnings per share for the fiscal year are expected to decrease by -7.96%, and 8.25% over the next financial year. EPS should shrink at an annualized rate of 2.88% over the next five years, compared to 7.42% over the past 5-year period.

Telsey Advisory Group coverage for the Dollar Tree Inc (DLTR) stock in a research note released on November 05, 2024 offered a Market Perform rating with a price target of $75. Bernstein was of a view on October 22, 2024 that the stock is Mkt Perform, while Telsey Advisory Group gave the stock Outperform rating on September 05, 2024, issuing a price target of $120- $95. Loop Capital on their part issued Hold rating on September 05, 2024.

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