Dollar Tree Inc (NASDAQ:DLTR) shares traded 0.51% up during most recent session to reach at the closing price of $98.29. The stock exchanged hands 1.57 Million shares versus average trading capacity of 3.08 Million shares, yielding a market cap of $22.82 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $100.92 within the next 52-weeks. The mean target projections are based on 24 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Dollar Tree Inc (NASDAQ:DLTR) high price target of $116 and with a conservative view have low price target of $84.
BMO Capital “Initiates Coverage On” Dollar Tree Inc (NASDAQ:DLTR) in a research note issued to investors on 1/10/19 to Market Perform with price target of $0.
Additionally on 1/10/19 Oppenheimer “Downgrades” Dollar Tree Inc (NASDAQ:DLTR) to Perform setting price target at $104 and on 12/14/18 Bernstein “Upgrades” the stock to Outperform at $0. Furthermore on 12/04/18 Citigroup “Maintained” the stock to Neutral at $93.
On the other hand the company has Relative Strength Index (RSI 14) of 65.11 along with Average True Range (ATR 14) of 2.04, Consequently Dollar Tree Inc (NASDAQ:DLTR)’s weekly and monthly volatility is 1.88%, 2.01% respectively. The company’s beta value is at 0.44.
In terms of Buy, Sell or Hold recommendations, Dollar Tree Inc (NASDAQ:DLTR) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Dollar Tree Inc (NASDAQ:DLTR)’s minimum EPS for the current quarter is at $1.89 and can go high up to $1.95. The consensus mean EPS for the current quarter is at $1.92 derived from a total of 24 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.89 earnings per share for the same quarter during last year.
Previously Dollar Tree Inc (NASDAQ:DLTR) reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.04. The company posted an earnings surprise of 3.5%.
Dollar Tree Inc (NASDAQ:DLTR)’s revenue estimates for the current quarter are $6.19 Billion according to 21 number of analysts, for the current quarter the company has high revenue estimates of $6.24 Billion in contradiction of low revenue estimates of $6.12 Billion. For the current year the company’s revenue estimates are $22.84 Billion compared to low analyst estimates of $22.74 Billion and high estimates of $23.78 Billion according to 25 number of analysts.
Currently Dollar Tree Inc (NASDAQ:DLTR)’s shares owned by insiders are 1.2%, whereas shares owned by institutional owners are 94.8%. However the six-month change in the insider ownership was recorded 0.04%, as well as three-month change in the institutional ownership was recorded 0.35%.
Dollar Tree Inc (NASDAQ:DLTR)’s trailing twelve month revenues are $22.98 Billion, whereas its price to sales ratio for the same period is 0.99. Its book value per share for the most recent quarter is $33.39 while its price to book ratio for the same period is 2.94, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 2.13 whereas its trailing twelve month P/E ratio is 19.63.