Several analysts have recently updated their ratings and price targets for Dollar Tree (NASDAQ: DLTR):
Dollar Tree Inc. (NASDAQ:DLTR) traded up 0.50% during trading on Friday, reaching $89.30. 544,984 shares of the company’s stock traded hands. The company has a market capitalization of $21.05 billion, a price-to-earnings ratio of 29.63 and a beta of 0.57. Dollar Tree Inc. has a 12 month low of $72.52 and a 12 month high of $99.93. The firm’s 50 day moving average is $77.65 and its 200-day moving average is $85.83.
Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Tuesday, November 22nd. The company reported $0.81 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.03. Dollar Tree had a net margin of 3.93% and a return on equity of 17.52%. The firm had revenue of $5 billion for the quarter, compared to the consensus estimate of $5.08 billion. During the same quarter in the previous year, the company earned $0.49 earnings per share. The business’s revenue was up 1.1% compared to the same quarter last year. Analysts expect that Dollar Tree Inc. will post $3.81 EPS for the current fiscal year.