Dollar Tree Inc (NASDAQ:DLTR) has a beta value of 0.87 and has seen 13.53 million shares traded in the recent trading session. The company, currently valued at $14.29B, closed the recent trade at $66.50 per share which meant it lost -$15.15 on the day or -18.55% during that session. The DLTR stock price is -127.38% off its 52-week high price of $151.21 and -22.63% below the 52-week low of $81.55. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.46 million shares traded. The 3-month trading volume is 2.96 million shares.
The consensus among analysts is that Dollar Tree Inc (DLTR) is Buy stock at the moment, with a recommendation rating of 2.04. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 17 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.04.
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Dollar Tree Inc (NASDAQ:DLTR) trade information
Sporting -18.55% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the DLTR stock price touched $66.50 or saw a rise of 30.84%. Year-to-date, Dollar Tree Inc shares have moved -53.18%, while the 5-day performance has seen it change -30.29%. Over the past 30 days, the shares of Dollar Tree Inc (NASDAQ:DLTR) have changed -31.08%. Short interest in the company has seen 9.3 million shares shorted with days to cover at 3.6.
Wall Street analysts have a consensus price target for the stock at $149.5, which means that the shares’ value could jump 55.52% from the levels at last check today. The projected low price target is $100.0 while the price target rests at a high of $200.9. In that case, then, we find that the latest price level in today’s session is -202.11% off the targeted high while a plunge would see the stock gain -50.38% from the levels at last check today.
Dollar Tree Inc (DLTR) estimates and forecasts
Figures show that Dollar Tree Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -55.39% over the past 6 months, with this year growth rate of 9.68%, compared to 7.60% for the industry. Revenue growth from the last financial year stood is estimated to be 1.90%.
21 analysts offering their estimates for the company have set an average revenue estimate of 7.49B for the current quarter. 21 have an estimated revenue figure of 7.59B for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 7.42% over the past 5 years. Earnings growth for 2024 is a modest 10.98% while over the next 5 years, the company’s earnings are expected to increase by 14.96%.
DLTR Dividends
Dollar Tree Inc is expected to release its next earnings report on 2024-Sep-04 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Dollar Tree Inc (NASDAQ:DLTR)’s Major holders
Insiders own 0.08% of the company shares, while shares held by institutions stand at 102.92% with a share float percentage of 103.00%. Investors are also buoyed by the number of investors in a company, with Dollar Tree Inc having a total of 1088.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 23.53 million shares worth more than $2.51 billion. As of 2024-06-30, VANGUARD GROUP INC held 10.8023% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 16.43 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.75 billion and represent 7.542% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Mar 31, 2024, the former fund manager holds about 3.04% shares in the company for having 6.53 shares of worth $428.43 million while later fund manager owns 5.32 shares of worth $348.85 million as of Jun 30, 2024, which makes it owner of about 2.48% of company’s outstanding stock.
