Zacks Research Predicts Dollar Tree FY2028 Earnings

Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) - Investment analysts at Zacks Research issued their FY2028 earnings per share estimates for Dollar Tree in a report released on Wednesday, April 9th. Zacks Research analyst R. Lohia anticipates that the company will earn $6.39 per share for the year. The consensus estimate for Dollar Tree's current full-year earnings is $5.39 per share.

A number of other analysts have also commented on DLTR. Bank of America reduced their price objective on shares of Dollar Tree from $75.00 to $70.00 and set an "underperform" rating for the company in a research note on Tuesday, April 8th. Truist Financial set a $84.00 price objective on shares of Dollar Tree in a research report on Thursday, March 27th. Loop Capital restated a "hold" rating on shares of Dollar Tree in a report on Thursday, March 27th. JPMorgan Chase & Co. lowered their price target on Dollar Tree from $88.00 to $78.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. Finally, Citigroup raised Dollar Tree from a "neutral" rating to a "buy" rating and upped their price target for the company from $76.00 to $103.00 in a research report on Monday, April 7th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $81.84.

Dollar Tree Price Performance

Shares of NASDAQ DLTR traded down $1.91 during trading on Friday, hitting $71.80. The company had a trading volume of 4,731,887 shares, compared to its average volume of 3,884,831. 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 cap of $15.44 billion, a P/E ratio of -15.05, a PEG ratio of 2.16 and a beta of 0.87. The business's 50-day moving average is $70.85 and its 200 day moving average is $70.30. Dollar Tree has a 52 week low of $60.49 and a 52 week high of $128.00.

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Dollar Tree (NASDAQ:DLTR - Get Free Report) last posted its earnings results on Wednesday, March 26th. The company reported $2.11 EPS for the quarter, missing the consensus estimate of $2.20 by ($0.09). The company had revenue of $5 billion for the quarter, compared to the consensus estimate of $8.23 billion. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The firm's revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the company posted $2.55 earnings per share.

Insider Activity

In other news, Director William W. Douglas III bought 701 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The stock was acquired at an average cost of $75.00 per share, for a total transaction of $52,575.00. Following the completion of the purchase, the director now owns 1,377 shares of the company's stock, valued at $103,275. This trade represents a 103.70 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 6.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Dollar Tree

A number of hedge funds have recently made changes to their positions in DLTR. Stifel Financial Corp increased its position in shares of Dollar Tree by 23.0% during the 3rd quarter. Stifel Financial Corp now owns 117,648 shares of the company's stock worth $8,273,000 after purchasing an additional 21,985 shares in the last quarter. MML Investors Services LLC boosted its position in shares of Dollar Tree by 14.2% in the 3rd quarter. MML Investors Services LLC now owns 13,220 shares of the company's stock worth $930,000 after purchasing an additional 1,644 shares during the last quarter. Sunbelt Securities Inc. grew its position in shares of Dollar Tree by 738.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 629 shares of the company's stock worth $44,000 after buying an additional 554 shares during the period. Sanctuary Advisors LLC grew its holdings in Dollar Tree by 37.6% during the third quarter. Sanctuary Advisors LLC now owns 10,041 shares of the company's stock valued at $667,000 after purchasing an additional 2,745 shares during the period. Finally, Tidal Investments LLC increased its position in shares of Dollar Tree by 193.1% in the 3rd quarter. Tidal Investments LLC now owns 20,130 shares of the company's stock valued at $1,416,000 after buying an additional 13,263 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company's stock.

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.