Today, Dollar General Corp. (DG) Scheduled to Post Earnings on Thursday

Today, Dollar General Corp. (DG) Scheduled to Post Earnings on Thursday

Dollar General Corp. (NYSE:DG) is scheduled to post its Q316 quarterly earnings results on Thursday, December 1st. Analysts expect Dollar General Corp. to post earnings of $0.93 per share and revenue of $5.37 billion for the quarter.

Dollar General Corp. (NYSE:DG) opened at 78.66 on Tuesday. Dollar General Corp. has a 1-year low of $65.11 and a 1-year high of $96.88. The stock has a market capitalization of $22.16 billion, a price-to-earnings ratio of 18.40 and a beta of 0.80. The company has a 50-day moving average of $71.74 and a 200-day moving average of $81.86.

A number of equities research analysts have weighed in on the stock. Deutsche Bank AG cut shares of Dollar General Corp. from a “buy” rating to a “hold” rating and upped their price objective for the stock from $95.00 to $99.00 in a report on Monday, August 1st. They noted that the move was a valuation call. Jefferies Group downgraded shares of Dollar General Corp. from a “buy” rating to a “hold” rating and dropped their target price for the stock from $101.00 to $96.00 in a research note on Monday, August 15th. They noted that the move was a valuation call. Credit Suisse Group AG downgraded shares of Dollar General Corp. from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $95.00 to $80.00 in a research note on Thursday, August 25th. MKM Partners reiterated a “buy” rating and issued a $97.00 target price on shares of Dollar General Corp. in a research note on Thursday, August 25th. Finally, Macquarie dropped their target price on shares of Dollar General Corp. from $98.00 to $92.00 and set an “outperform” rating on the stock in a research note on Thursday, August 25th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $89.44.

Large investors have recently added to or reduced their stakes in the company. American Century Companies Inc. raised its stake in shares of Dollar General Corp. by 3,651.0% in the second quarter. American Century Companies Inc. now owns 507,129 shares of the company’s stock worth $47,670,000 after buying an additional 493,609 shares during the last quarter. BlackRock Group LTD raised its stake in shares of Dollar General Corp. by 0.4% in the second quarter. BlackRock Group LTD now owns 2,258,030 shares of the company’s stock worth $212,254,000 after buying an additional 8,968 shares during the last quarter. US Bancorp DE raised its stake in shares of Dollar General Corp. by 8.1% in the second quarter. US Bancorp DE now owns 31,104 shares of the company’s stock worth $2,923,000 after buying an additional 2,334 shares during the last quarter. Ameritas Investment Partners Inc. raised its stake in shares of Dollar General Corp. by 3.0% in the second quarter. Ameritas Investment Partners Inc. now owns 5,610 shares of the company’s stock worth $527,000 after buying an additional 161 shares during the last quarter. Finally, BlackRock Japan Co. Ltd raised its stake in shares of Dollar General Corp. by 1.0% in the second quarter. BlackRock Japan Co. Ltd now owns 375,160 shares of the company’s stock worth $35,265,000 after buying an additional 3,884 shares during the last quarter. Hedge funds and other institutional investors own 82.88% of the company’s stock.

Dollar General Corp. Company Profile

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