Other equities analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Dollar Tree from $185.00 to $163.00 and set a buy rating for the company in a report on Monday, August 29th. Piper Sandler decreased their price objective on shares of Dollar Tree from $191.00 to $167.00 and set an overweight rating for the company in a report on Friday, August 26th. TheStreet upgraded shares of Dollar Tree from a c+ rating to a b- rating in a report on Monday, October 31st. Morgan Stanley decreased their price objective on shares of Dollar Tree from $160.00 to $145.00 and set an equal weight rating for the company in a report on Friday, August 26th. Finally, Telsey Advisory Group decreased their price objective on shares of Dollar Tree from $185.00 to $170.00 and set an outperform rating for the company in a report on Friday, August 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. According to MarketBeat, Dollar Tree currently has a consensus rating of Moderate Buy and a consensus target price of $165.56.
Dollar Tree Price Performance
DLTR stock opened at $163.36 on Wednesday. The firm has a 50 day moving average price of $147.78 and a 200-day moving average price of $154.11. Dollar Tree has a 52-week low of $123.62 and a 52-week high of $177.19. The firm has a market capitalization of $36.58 billion, a price-to-earnings ratio of 23.54, a PEG ratio of 1.42 and a beta of 0.73. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.22 and a current ratio of 1.46.
Institutional Investors Weigh In On Dollar Tree
Hedge funds have recently modified their holdings of the business. Ellevest Inc. grew its position in shares of Dollar Tree by 452.8% during the 2nd quarter. Ellevest Inc. now owns 199 shares of the company’s stock valued at $31,000 after acquiring an additional 163 shares during the period. Karlinski Andrew C purchased a new position in shares of Dollar Tree during the 1st quarter valued at $32,000. Providence Capital Advisors LLC lifted its stake in shares of Dollar Tree by 95.2% during the 1st quarter. Providence Capital Advisors LLC now owns 203 shares of the company’s stock valued at $33,000 after buying an additional 99 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its stake in shares of Dollar Tree by 517.1% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 216 shares of the company’s stock valued at $34,000 after buying an additional 181 shares in the last quarter. Finally, Alpha Paradigm Partners LLC purchased a new position in shares of Dollar Tree during the 3rd quarter valued at $35,000. Institutional investors own 95.04% of the company’s stock.
Dollar Tree Company Profile
Dollar Tree, Inc operates discount variety retail stores. It operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, including candy and food, and health and personal care, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.
- Get a free copy of the StockNews.com research report on Dollar Tree (DLTR)
- MarketBeat: Week in Review 11/14 – 11/18
- Target’s Double Bottom Might Have Just Been Confirmed
- How High Can the Fed Go? How to Trade it
- Does ASML’s November Rally Have Staying Power?
- Verra Mobility Stock Has Returned Back to the Station
Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.com's FREE daily email newsletter.