Dollar Tree (DLTR) Projected to Post Earnings on Wednesday

Dollar Tree (NASDAQ:DLTR - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Dollar Tree to post earnings of $2.18 per share and revenue of $8.23 billion for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Dollar Tree Stock Up 3.3 %

NASDAQ DLTR traded up $2.16 during trading hours on Friday, reaching $66.75. 4,904,387 shares of the company's stock were exchanged, compared to its average volume of 3,372,661. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. The company has a market capitalization of $14.35 billion, a price-to-earnings ratio of -13.99, a price-to-earnings-growth ratio of 2.16 and a beta of 0.91. The company's 50-day moving average is $71.15 and its two-hundred day moving average is $70.16. Dollar Tree has a one year low of $60.49 and a one year high of $137.14.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. BMO Capital Markets increased their price objective on shares of Dollar Tree from $65.00 to $70.00 and gave the stock a "market perform" rating in a research report on Thursday, December 5th. Piper Sandler reissued a "neutral" rating and set a $72.00 price objective (up previously from $67.00) on shares of Dollar Tree in a research report on Thursday, December 5th. UBS Group lowered their price objective on shares of Dollar Tree from $105.00 to $95.00 and set a "buy" rating for the company in a research report on Friday. Jefferies Financial Group increased their price objective on shares of Dollar Tree from $70.00 to $75.00 and gave the stock a "hold" rating in a research report on Wednesday, December 4th. Finally, Wells Fargo & Company lowered their price objective on shares of Dollar Tree from $100.00 to $85.00 and set an "overweight" rating for the company in a research report on Friday, March 7th. Sixteen equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $84.26.

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Dollar Tree Company Profile

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.