In today’s recent session, 7.34 million shares of the Dollar Tree Inc (NASDAQ:DLTR) have been traded, and its beta is 0.93. Most recently the company’s share price was $73.00, and it changed around $5.86 or 8.73% from the last close, which brings the market valuation of the company to $15.70B. DLTR at last check was trading at a discount to its 52-week high of $137.14, offering almost -87.86% off that amount. The share price’s 52-week low was $60.49, which indicates that the recent value has risen by an impressive 17.14% since then. We note from Dollar Tree Inc’s average daily trading volume that its 10-day average is 4.08 million shares, with the 3-month average coming to 3.11 million.
Dollar Tree Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.42. If we narrow it down even further, the data shows that 0 out of 29 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 19 recommended DLTR as a Hold, whereas 6 deemed it a Buy, and 1 rated it as Underweight. Dollar Tree Inc is expected to report earnings per share of 1.44 for the current quarter.
Dollar Tree Inc (NASDAQ:DLTR) trade information
Instantly DLTR has been showing a green trend so far today with a performance of 8.73% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 71.64 on recent trading daydecreased the stock’s daily price by -1.9%. The company’s shares are currently down -2.59% year-to-date, but still up 13.53% over the last five days. On the other hand, Dollar Tree Inc (NASDAQ:DLTR) is -4.22% down in the 30-day period. We can see from the shorts that 12.84 million shares have been sold at a short interest cover period of 3.47 day(s).
The consensus price target as assigned by Wall Street analysts is $75, which translates to bulls needing to increase their stock price by 2.67% from its current value. Analyst projections state that DLTR is forecast to be at a low of $70 and a high of $83.
Dollar Tree Inc (DLTR) estimates and forecasts
The year-over-year growth rate is expected to be 80.96%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 7.74B in revenue for the current quarter. 3 analysts expect Dollar Tree Inc to make 7.63B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 7.63B and 7.38B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.44%. Forecasts for the next quarter put sales growth at 3.40%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 7.42%. Dollar Tree Inc earnings are expected to increase by -7.89% in 2025, but the outlook is positive 2.88% per year for the next five years.
Dollar Tree Inc (NASDAQ:DLTR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.08% of Dollar Tree Inc shares, and 103.76% of them are in the hands of institutional investors. The stock currently has a share float of 103.84%. Dollar Tree Inc stock is held by 1024.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 10.8023% of the shares, which is about 23.53 million shares worth $2.51 billion.
BLACKROCK INC., with 7.6402% or 16.43 million shares worth $1.75 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 6.43 shares worth $466.37 million, making up 2.99% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 5.47 shares worth around $396.52 million, which represents about 2.54% of the total shares outstanding.
