Dollar Tree Inc (NASDAQ:DLTR) currently has a daily average trading volume of 3.02M but it saw 3364810 shares traded in last market. With a market cap of 13.89B USD, the company’s current market price of $64.59 came rising about 0.45 while comparing to the previous closing price of $64.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $137.14 and as low as $60.49. In the recent trading on the day, stock has struck highest price mark of $63.6 while lowest mark touched by it was $66.85.
Taking a look at 20-day trading activity of Dollar Tree Inc (DLTR) gives us an average price of $68.78, while its current price level is -52.90% below from 52-week high level whereas it is 6.78% 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 $71.34 while that of 200 days or SMA-200 reads an average of $80.51. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.34% during that period while stretching the period over a month that increases to 4.82%. 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 39.46 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 -2.14% down while it is -14.59% when we observe its performance for the past one month. Year-to-date it is -13.81% down and over the past year, the stock is showing a downside performance of -49.24%.
The company is expected to be releasing its next quarterly report on 2024-Dec-03, for which analysts forecasted an EPS of 2.2 while estimate for next year EPS is 5.43. In next quarter, company is expected to be making quarterly sales of $7.86B as analysts are expecting the sales for current fiscal year at $30.87B and seeing the company making $32.01B in sales next year. Moreover, analysts are in estimates of $8.24B for current-quarter revenue.
Currently, Dollar Tree Inc’s total number of outstanding shares is 215.03M with 0.08% of that held by the insiders while 103.76% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.67% and return on equity (ROE) at -12.55%. It has a 10.78 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 0.44. Its return on asset (ROA) is -4.41% on average.
