KeyBanc Capital Markets has recently reduced Dollar Tree Inc (DLTR) stock to Sector Weight rating, as announced on Today, according to Finviz. Earlier, on November 5, 2024, Telsey Advisory Group had reduced the stock from a Outperform to Market Perform, setting a price target of $75 for DLTR stock. Bernstein also initiated Mkt Perform rating with a price target of $76. Additionally, Telsey Advisory Group reiterated Outperform rating on September 5, 2024, with a target price of $95. Loop Capital analysts, in their report published on September 5, 2024, also reduced Hold rating and set a price target of $65 for Dollar Tree Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Dollar Tree Inc (DLTR) Stock Trading Recap
On Thursday, Dollar Tree Inc (DLTR) stock saw a modest uptick, ending the day at $63.54 which represents a slight increase of $1.13 or 1.81% from the prior close of $62.41. The stock opened at $62.52 and touched a low of $62.34 during the day, reaching a high of $64.15. The volume of shares traded was 5.75 million exceeding the average volume of 4.46 million.
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DLTR Stock Performance and Moving Averages
In recent trading, Dollar Tree Inc (DLTR) stock price has shown some volatility, fluctuating -1.70% over the last five trades and -8.75% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -47.12%, and it has plunged by -33.15% in the previous three months. Currently, DLTR is trading at -4.18%, -8.37%, and -40.60% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, DLTR, a Consumer Defensive sector stock, is trading -57.98% below its 52-week high but remains 4.99% above its 52-week low. The Average True Range (ATR) (14 days) of 2.46 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Dollar Tree Inc’s Profitability and Valuation Ratios
Dollar Tree Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 0.33% and a profit margin of -3.44%, with a gross margin of -47.12%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Dollar Tree Inc’s market capitalization stands at $13.66 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 10.54. Additionally, the Price-to-Sales Ratio is 0.44, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.85, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.10% of Dollar Tree Inc (DLTR)’s shares, while financial institutions hold 98.83%.
