Dollar Tree Inc (NASDAQ: DLTR): Retirees Don’t Worry About Volatility

Dollar Tree Inc (NASDAQ:DLTR) currently has a daily average trading volume of 4.05M but it saw 3306318 shares traded in last market. With a market cap of 14.59B USD, the company’s current market price of $67.86 came falling about -0.24 while comparing to the previous closing price of $68.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $151.21 and as low as $60.81. In the recent trading on the day, stock has struck highest price mark of $66.98 while lowest mark touched by it was $68.435.

Taking a look at 20-day trading activity of Dollar Tree Inc (DLTR) gives us an average price of $69.94, while its current price level is -55.12% below from 52-week high level whereas it is 11.58% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $78.52 while that of 200 days or SMA-200 reads an average of $112.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.71% during that period while stretching the period over a month that increases to 2.85%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.72 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Telsey Advisory Group which reiterated the stock as “Outperform” in its note to investors issued on September 05, 2024, recommending a price target of between $120 and $95 for it. Loop Capital downgraded its recommendation for the stock as a “Hold” from “Buy” on September 05, 2024 while assigning a price target of $65. BMO Capital Markets issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $130 and $68.

Over the week, DLTR’s stock price is moving -2.16% down while it is -10.32% when we observe its performance for the past one month. Year-to-date it is -52.23% down and over the past year, the stock is showing a downside performance of -41.18%.

Currently, Dollar Tree Inc’s total number of outstanding shares is 217.91M. Company’s return on investment (ROI) stands at -6.92% and return on equity (ROE) at -12.98%. It has a 11.27 of forward P/E ratio. Stock’s beta reads 0.87. Stock has a price to book (P/B) ratio of 1.98 while price to sale or P/S ratio amounts to 0.47. Its return on asset (ROA) is -4.63% on average.