Dollar Tree (DLTR) Given Media Impact Rating of 0.10
Media coverage about Dollar Tree (NASDAQ:DLTR) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Dollar Tree earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.8601938751282 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern’s analysis:
- Dollar Tree’s (DLTR) Hold Rating Reiterated at Jefferies Group LLC (americanbankingnews.com)
- Royal Bank Of Canada Reiterates Buy Rating for Dollar Tree, Inc. (DLTR) (americanbankingnews.com)
- Dollar Tree, Inc. (DLTR) has a value of $91.78 per share While Aaron’s, Inc. (AAN) is stand at $42.39 – Stocks Gallery (stocksgallery.com)
- Vibrating Stocks: Eli Lilly and Company (NYSE:LLY), Dollar Tree, Inc. (NASDAQ:DLTR), Laredo Petroleum, Inc. (NYSE … – The Stock Street (press release) (thestreetpoint.com)
A number of equities analysts recently issued reports on the stock. Jefferies Group LLC reaffirmed a “hold” rating and set a $85.00 target price on shares of Dollar Tree in a research report on Tuesday. Zacks Investment Research lowered shares of Dollar Tree from a “buy” rating to a “hold” rating in a research report on Tuesday. BTIG Research reaffirmed a “buy” rating and set a $98.00 target price on shares of Dollar Tree in a research report on Wednesday, August 23rd. Loop Capital reaffirmed a “buy” rating and set a $86.00 target price on shares of Dollar Tree in a research report on Wednesday, August 9th. Finally, Sanford C. Bernstein raised shares of Dollar Tree from an “underperform” rating to a “market perform” rating and boosted their target price for the stock from $65.00 to $78.00 in a research report on Monday, August 28th. They noted that the move was a valuation call. Twelve investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $90.00.
Shares of Dollar Tree (DLTR) opened at 91.25 on Wednesday. The stock has a 50 day moving average of $88.25 and a 200 day moving average of $78.91. The firm has a market cap of $21.61 billion, a P/E ratio of 23.34 and a beta of 0.70. Dollar Tree has a 52 week low of $65.63 and a 52 week high of $93.68.
Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Thursday, August 24th. The company reported $0.99 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.12. Dollar Tree had a return on equity of 18.07% and a net margin of 4.37%. The company had revenue of $5.28 billion for the quarter, compared to analysts’ expectations of $5.24 billion. During the same quarter last year, the business earned $0.72 earnings per share. Dollar Tree’s revenue was up 5.7% on a year-over-year basis. Analysts anticipate that Dollar Tree will post $4.68 earnings per share for the current fiscal year.
In related news, Director Thomas A. Saunders sold 18,621 shares of the firm’s stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of $91.11, for a total value of $1,696,559.31. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Gary M. Philbin sold 2,795 shares of the firm’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $84.50, for a total value of $236,177.50. Following the completion of the transaction, the insider now owns 34,532 shares in the company, valued at approximately $2,917,954. The disclosure for this sale can be found here. Insiders sold 101,449 shares of company stock worth $9,139,337 in the last 90 days. 2.90% of the stock is owned by company insiders.
Dollar Tree Company Profile
Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.
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