In yesterday’s Wall Street session, Dollar General Corp. (NYSE:DG) shares traded at $86.50, down -0.41% from the previous session.
DG stock price is now -22.16% away from the 50-day moving average and -34.52% away from the 200-day moving average. The market capitalization of the company currently stands at $19.02B.
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With the price target reduced from $168 to $103, Telsey Advisory Group Downgraded its rating from Outperform to Market Perform for Dollar General Corp. (NYSE: DG). On August 30, 2024, Morgan Stanley Downgraded its previous ‘Overweight’ rating to ‘Equal-Weight’ on the stock reducing its target price from $170 to quote $100, while ‘Gordon Haskett’ rates the stock as ‘Hold’
In other news, Deckard Steven R, EVP, Store Ops & Development sold 2,010 shares of the company’s stock on Sep 18 ’24. The stock was sold for $174,195 at an average price of $86.66. Upon completion of the transaction, the EVP, Store Ops & Development now directly owns 2,887 shares in the company, valued at $0.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 18 ’24, Officer STEVEN DECKARD bought 2,010 shares of the business’s stock. A total of $174,195 was incurred on buying the stock at an average price of $86.66. A total of 0.31% of the company’s stock is owned by insiders.
During the past 12 months, Dollar General Corp. has had a low of $77.96 and a high of $168.07. As of last week, the company has a debt-to-equity ratio of 2.51, a current ratio of 1.22, and a quick ratio of 0.24. The fifty day moving average price for DG is $110.311 and a two-hundred day moving average price translates $131.86975 for the stock.
The latest earnings results from Dollar General Corp. (NYSE: DG) was released for 2024-08-02. The net profit margin was 3.57% and return on equity was 20.88% for DG. The company reported revenue of $10.21 billion for the quarter, compared to $9.8 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.23 percent.
