Dollar General Corp. (NYSE: DG) 52-Week High Located At $219.47, Forget The Dips, Just Ride The Rips

Dollar General Corp. (NYSE:DG) does about 2.32M shares in volume on a normal day but saw 1720555 shares change hands in Monday’s trading. The company now has a market cap of 30.30B USD. Its current market price is $137.93, marking a decrease of -2.14% compared to the previous close of $140.95. The 52 week high reached by this stock is $219.47 whilst the lowest price level in 52 weeks is $101.09.

Dollar General Corp. (DG) has a 20-day trading average at $140.96 and the current price is -37.15% off the 52-week high compared with 36.44% distance from its 52-week low. The 50-day simple moving average of the closing price is $149.19 and its 200-day simple moving average is $136.09. If we look at the stock’s price movements over the week, volatility stands at 2.71%, which decreases to 2.24% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 39.02 to suggest the stock is neutral.

The consensus objective for the share price is $155.34, suggesting that the stock has a potential upside of 11.21% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 15, 2024 when Telsey Advisory Group upgraded the stock to “Outperform” and issued a price target of $170. JP Morgan also upgraded the stock to “Neutral” from Underweight on March 12, 2024 at a price target of $120-$158. Telsey Advisory Group reiterated its price target at $135-$155.

Dollar General Corp. (DG) stock is up 1.31% over the week and -6.67% over the past month. Its price is 1.46% year-to-date and -36.52% over the past year.

To reach the target analysts have set, the stock logically needs to grow 11.21 percent from here.

The company has a return on investment of 7.32% and return on equity of 27.03%. The price to earnings ratio (P/E ratio) amounts to 18.26 while the forward price to earnings ratio is 16.81. The beta has a value of 0.46. Price to book ratio is 4.49 and price to sales ratio is 0.78.