The price of Dollar Tree Inc (NASDAQ:DLTR) shares last traded on Wall Street fell -2.61% to $63.18.
DLTR stock price is now -6.89% away from the 50-day moving average and -39.12% away from the 200-day moving average. The market capitalization of the company currently stands at $13.58B.
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On November 05, 2024, Telsey Advisory Group Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock reducing its target price from $95 to quote $75, while ‘Bernstein’ rates the stock as ‘Mkt Perform’
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 $0.62 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 $0.61 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 $60.49 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 $67.854 and a two-hundred day moving average price translates $103.7854 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.
