Stocks of Dollar Tree Inc (NASDAQ:DLTR) traded higher last session on Wall Street, down -0.06% to $66.77.
DLTR stock price is now -5.45% away from the 50-day moving average and -37.97% away from the 200-day moving average. The market capitalization of the company currently stands at $14.36B.
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With the price target reduced from $95 to $75, Telsey Advisory Group Downgraded its rating from Outperform to Market Perform for Dollar Tree Inc (NASDAQ: DLTR). On October 22, 2024, Bernstein recently initiated its ‘Mkt Perform’ rating on the stock quoting a target price of $76, while ‘Telsey Advisory Group’ rates the stock as ‘Outperform’
In other news, HEINRICH DANIEL J, Director bought 2,200 shares of the company’s stock on Sep 06 ’24. The stock was bought for $150,194 at an average price of $68.27. Upon completion of the transaction, the Director now directly owns 9,823 shares in the company, valued at $0.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 25 ’24, Chief Information Officer Aflatooni Robert sold 827 shares of the business’s stock. A total of $87,315 was realized by selling the stock at an average price of $105.58. This leaves the insider owning 9,725 shares of the company worth $0.65 million. A total of 0.10% of the company’s stock is owned by insiders.
During the past 12 months, Dollar Tree Inc has had a low of $60.81 and a high of $151.21. As of last week, the company has a debt-to-equity ratio of 1.46, a current ratio of 1.02, and a quick ratio of 0.17. The fifty day moving average price for DLTR is $71.215 and a two-hundred day moving average price translates $107.9619 for the stock.
The latest earnings results from Dollar Tree Inc (NASDAQ: DLTR) was released for 2024-08-03. The net profit margin was -3.44% and return on equity was -12.98% for DLTR. The company reported revenue of $7.38 billion for the quarter, compared to $7.33 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.73 percent.
