Analysts Point To Dollar Tree Inc (NASDAQ: DLTR) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that Dollar Tree and Family Dollar Announce Sponsorship of LEGACY MOTOR CLUB in Multi-Year Agreement for NASCAR Cup Series.

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Stocks Info

As a NASDAQ listed company, DLTR falls under the Consumer Defensive sector while operating within the Discount Stores industry segment. At the end of the last regular session, the stock closed at $138.71 and fluctuated between $138.97 as its day high and $133.93 as its day low. The current market capitalization of Dollar Tree Inc is $30.22B. A total of 2.44 million shares were traded on the day, compared to an average of 2.30M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, DLTR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 19 BUYs and 7 SELLs from insiders. Insiders purchased 82,402 shares during that period but sold 20,294.

In the most recent transaction, Mantle Ridge LP bought 738,862 shares of DLTR for 134.37 per share on Dec 20. After the transaction, the Director by deputization now owns 12,104,493 company shares. In a previous transaction on Oct 11, Aflatooni Robert sold 1,259 shares at 107.03 per share. DLTR shares that Chief Information Officer owns now total 7,157.

Among the insiders who bought shares, HEINRICH DANIEL J acquired of 1,650 shares on Sep 22 at a per-share price of $105.24. This resulted in the Director holding 1,650 shares of DLTR after the transaction. In another insider transaction, Hulett Jennifer sold 1,484 shares at $143.61 per share on Jun 23. Company shares held by the Chief Human Resources Officer now total 6,825.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for DLTR in the last 3 months, the mean price target is $152.70 with high estimates of $195.00 and low estimates of $105.00. In terms of 52-week highs and lows, DLTR has a high of $161.10 and a low of $102.77.

As of this writing, DLTR has an earnings estimate of $2.64 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $2.75 per share and a lower estimate of $2.58. The company reported an EPS of $0.91 in the last quarter, which was 4.60% higher than expectations of $0.87.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. DLTR’s latest balance sheet shows that the firm has $984.90M in Cash & Short Term Investments as of fiscal 2022. There were $9.97B in debt and $4.18B in liabilities at the time. Its Book Value Per Share was $41.30, while its Total Shareholder’s Equity was $7.72B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DLTR is Buy with a score of 4.15.

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