Dollar Tree Inc (NASDAQ: DLTR) – Time For Strategy Change?

Dollar Tree Inc (NASDAQ:DLTR) currently has a daily average trading volume of 5.13M but it saw 9129910 shares traded in last market. With a market cap of 15.87B USD, the company’s current market price of $73.83 came rising about 1.86 while comparing to the previous closing price of $72.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $151.21 and as low as $60.49. In the recent trading on the day, stock has struck highest price mark of $72.2 while lowest mark touched by it was $76.4142.

Taking a look at 20-day trading activity of Dollar Tree Inc (DLTR) gives us an average price of $66.67, while its current price level is -51.18% below from 52-week high level whereas it is 22.05% 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 $67.57 while that of 200 days or SMA-200 reads an average of $100.58. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.71% during that period while stretching the period over a month that increases to 4.03%. 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 65.54 which implies that the stock is in neutral territory.

Telsey Advisory Group downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on November 05, 2024 while assigning a price target range of $95-$75. Bernstein issued its recommendations for the stock as it initiated the price target for the stock is $76.

Over the week, DLTR’s stock price is moving 6.81% up while it is 10.51% when we observe its performance for the past one month. Year-to-date it is -48.03% down and over the past year, the stock is showing a downside performance of -42.42%.

Currently, Dollar Tree Inc’s total number of outstanding shares is 214.99M. Company’s return on investment (ROI) stands at -6.92% and return on equity (ROE) at -12.98%. It has a 12.28 of forward P/E ratio. Stock’s beta reads 0.91. Stock has a price to book (P/B) ratio of 2.15 while price to sale or P/S ratio amounts to 0.51. Its return on asset (ROA) is -4.63% on average.