Stocks of Dollar General Corp. (NYSE:DG) traded higher last session on Wall Street, down -2.10% to $139.28.
DG stock price is now -4.89% away from the 50-day moving average and 3.33% away from the 200-day moving average. The market capitalization of the company currently stands at $30.60B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target maintained at $170, Telsey Advisory Group recently Upgraded its rating from Market Perform to Outperform for Dollar General Corp. (NYSE: DG). On March 12, 2024, JP Morgan Upgraded its previous ‘Underweight’ rating to ‘Neutral’ on the stock increasing its target price from $120 to quote $158, while ‘Telsey Advisory Group’ rates the stock as ‘Market Perform’
In other news, Santana Ralph, Director sold 3,009 shares of the company’s stock on Apr 11 ’24. The stock was sold for $468,567 at an average price of $155.72. Upon completion of the transaction, the Director now directly owns 3,248 shares in the company, valued at $0.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 04 ’24, EVP & Chief Information Ofc Wenkoff Carman R sold 5,909 shares of the business’s stock. A total of $958,616 was realized by selling the stock at an average price of $162.23. This leaves the insider owning 28,579 shares of the company worth $3.98 million. A total of 0.30% of the company’s stock is owned by insiders.
During the past 12 months, Dollar General Corp. has had a low of $101.09 and a high of $204.67. As of last week, the company has a debt-to-equity ratio of 2.68, a current ratio of 1.19, and a quick ratio of 0.15. The fifty day moving average price for DG is $146.442 and a two-hundred day moving average price translates $134.79025 for the stock.
The latest earnings results from Dollar General Corp. (NYSE: DG) was released for 2024-02-02. The net profit margin was 4.29% and return on equity was 27.03% for DG. The company reported revenue of $9.86 billion for the quarter, compared to $10.2 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.38 percent.
