In the latest trading session,, 1.32 million Dollar Tree Inc (NASDAQ:DLTR) shares changed hands as the company’s beta touched 0.86. With the company’s most recent per share price at $70.56 changing hands around $0.86 or 1.23% at last look, the market valuation stands at $15.18B. DLTR’s current price is a discount, trading about -86.25% off its 52-week high of $131.42. The share price had its 52-week low at $60.49, which suggests the last value was 14.27% up since then. When we look at Dollar Tree Inc’s average trading volume, we note the 10-day average is 10.89 million shares, with the 3-month average coming to 4.42 million.
Analysts gave the Dollar Tree Inc (DLTR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.27. If we narrow down to specifics, the data shows that 0 out of 17 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended DLTR as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Dollar Tree Inc’s EPS for the current quarter is expected to be 1.18.
Dollar Tree Inc (NASDAQ:DLTR) trade information
Instantly DLTR is in green as seen in intraday trades today. With action -9.04%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -5.85%, with the 5-day performance at -9.04% in the red. However, in the 30-day time frame, Dollar Tree Inc (NASDAQ:DLTR) is 7.41% up. Looking at the short shares, we see there were 12.84 million shares sold at short interest cover period of 3.47 days.
The consensus price target for the stock as assigned by Wall Street analysts is 75, meaning bulls need an upside of 5.92% from its recent market value. According to analyst projections, DLTR’s forecast low is 70 with 84 as the target high. To hit the forecast high, the stock’s price needs a -19.05% plunge from its current level, while the stock would need to tank 0.79% for it to hit the projected low.
Dollar Tree Inc (DLTR) estimates and forecasts
Year-over-year growth is forecast to reach -38.60% down from the last financial year.
Consensus estimates given by 17 financial analysts project the company’s revenue in the current quarter to hit an average of 4.52B. 17 analysts are of the opinion that Dollar Tree Inc’s revenue for the current quarter will be 4.39B. The company’s revenue for the corresponding quarters a year ago was 7.63B and 7.38B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -40.74%. The estimates for the next quarter sales put growth at -40.44%. The 2025 estimates are for Dollar Tree Inc earnings to increase by 4.29%, but the outlook for the next 5-year period is at 9.72% per year.
Dollar Tree Inc (NASDAQ:DLTR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.08% of Dollar Tree Inc shares while 103.57% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 103.66%. There are 103.57% institutions holding the Dollar Tree Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 10.8023% of the shares, roughly 23.53 million DLTR shares worth $2.51 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.6402% or 16.43 million shares worth $1.75 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 6.43 shares estimated at $445.52 million under it, the former controlled 2.99% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.54% of the shares, roughly 5.47 shares worth around $378.8 million.
