Dollar Tree Inc. (NASDAQ:DLTR) – Jefferies Group raised their Q4 2017 earnings per share (EPS) estimates for shares of Dollar Tree in a research note issued to investors on Wednesday. Jefferies Group analyst D. Binder now forecasts that the firm will post earnings per share of $1.30 for the quarter, up from their previous estimate of $1.27. Jefferies Group currently has a “Hold” rating and a $80.00 target price on the stock. Jefferies Group also issued estimates for Dollar Tree’s Q1 2018 earnings at $1.03 EPS, Q3 2018 earnings at $0.85 EPS, Q4 2018 earnings at $1.69 EPS and FY2020 earnings at $5.21 EPS.
A number of other analysts also recently issued reports on the stock. Barclays PLC reiterated a “hold” rating and issued a $84.00 price target on shares of Dollar Tree in a report on Wednesday. Credit Suisse Group AG set a $75.00 price target on shares of Dollar Tree and gave the company a “sell” rating in a report on Tuesday. Deutsche Bank AG reissued a “buy” rating and issued a $96.00 price objective on shares of Dollar Tree in a research note on Friday, November 18th. Johnson Rice raised shares of Dollar Tree from a “hold” rating to an “accumulate” rating in a research note on Tuesday, November 15th. Finally, KeyCorp assumed coverage on shares of Dollar Tree in a research note on Wednesday, October 12th. They issued an “overweight” rating and a $90.00 price objective for the company. Four analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $91.23.
Dollar Tree (NASDAQ:DLTR) traded up 0.36% during trading on Thursday, reaching $89.18. 1,083,104 shares of the company were exchanged. Dollar Tree has a 1-year low of $72.52 and a 1-year high of $99.93. The stock has a market capitalization of $21.03 billion, a P/E ratio of 29.59 and a beta of 0.57. The company’s 50-day moving average price is $78.04 and its 200-day moving average price is $85.88.
Large investors have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD raised its stake in Dollar Tree by 7.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 649,796 shares of the company’s stock valued at $51,288,000 after buying an additional 46,520 shares in the last quarter. Sawtooth Solutions LLC raised its stake in Dollar Tree by 4.6% in the third quarter. Sawtooth Solutions LLC now owns 4,557 shares of the company’s stock valued at $360,000 after buying an additional 201 shares in the last quarter. Peloton Wealth Strategists acquired a new stake in Dollar Tree during the third quarter valued at approximately $1,223,000. Grandeur Peak Global Advisors LLC acquired a new stake in Dollar Tree during the third quarter valued at approximately $395,000. Finally, Credit Suisse AG raised its stake in Dollar Tree by 13.6% in the third quarter. Credit Suisse AG now owns 528,559 shares of the company’s stock valued at $41,718,000 after buying an additional 63,229 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.
In other Dollar Tree news, Director Conrad M. Hall purchased 5,000 shares of Dollar Tree stock in a transaction dated Monday, August 29th. The stock was acquired at an average price of $85.60 per share, for a total transaction of $428,000.00. Following the acquisition, the director now owns 799 shares in the company, valued at approximately $68,394.40. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Lemuel E. Lewis purchased 1,470 shares of Dollar Tree stock in a transaction dated Tuesday, August 30th. The stock was acquired at an average price of $85.00 per share, with a total value of $124,950.00. Following the acquisition, the director now owns 9,469 shares in the company, valued at approximately $804,865. The disclosure for this purchase can be found here. 4.10% of the stock is currently owned by insiders.
Dollar Tree Company Profile