Analysts expect that Dollar General Corp. (NYSE:DG) will announce sales of $7.15 billion for the current quarter, according to Zacks Investment Research. Twenty Two analysts have issued estimates for Dollar General’s earnings, with estimates ranging from $7.12 billion to $7.19 billion. Dollar General posted sales of $6.65 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 7.5%. The company is scheduled to issue its next earnings results before the market opens on Thursday, March 12th.

On average, analysts expect that Dollar General will report full-year sales of $27.75 billion for the current fiscal year, with estimates ranging from $27.71 billion to $27.78 billion. For the next financial year, analysts forecast that the company will report sales of $29.86 billion, with estimates ranging from $29.65 billion to $30.09 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Dollar General.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, December 5th. The company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.04. Dollar General had a return on equity of 25.53% and a net margin of 6.09%. The company had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.89 billion. During the same period last year, the firm earned $1.26 EPS. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis.

A number of analysts have weighed in on the company. Wells Fargo & Co reaffirmed a “hold” rating on shares of Dollar General in a research report on Monday, December 9th. Guggenheim reaffirmed a “buy” rating and set a $165.00 price objective on shares of Dollar General in a research report on Monday, December 2nd. Zacks Investment Research cut Dollar General from a “buy” rating to a “hold” rating and set a $164.00 price objective for the company. in a research report on Friday, December 6th. Morgan Stanley increased their price objective on Dollar General from $170.00 to $174.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Finally, Telsey Advisory Group increased their price objective on Dollar General from $168.00 to $170.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $162.95.

Several hedge funds have recently modified their holdings of DG. Voya Investment Management LLC increased its stake in Dollar General by 2.5% in the 3rd quarter. Voya Investment Management LLC now owns 147,163 shares of the company’s stock valued at $23,390,000 after purchasing an additional 3,583 shares in the last quarter. Hudock Capital Group LLC purchased a new position in Dollar General in the 3rd quarter valued at approximately $28,000. Carroll Financial Associates Inc. increased its stake in Dollar General by 28.6% in the 4th quarter. Carroll Financial Associates Inc. now owns 1,380 shares of the company’s stock valued at $215,000 after purchasing an additional 307 shares in the last quarter. BBVA USA Bancshares Inc. increased its stake in Dollar General by 111.8% in the 3rd quarter. BBVA USA Bancshares Inc. now owns 10,164 shares of the company’s stock valued at $1,615,000 after purchasing an additional 5,364 shares in the last quarter. Finally, Pinnacle Financial Partners Inc. increased its stake in Dollar General by 1.1% in the 3rd quarter. Pinnacle Financial Partners Inc. now owns 37,303 shares of the company’s stock valued at $5,929,000 after purchasing an additional 389 shares in the last quarter. 91.71% of the stock is owned by institutional investors and hedge funds.

Dollar General stock traded up $1.15 during mid-day trading on Friday, reaching $166.88. 1,455,114 shares of the company were exchanged, compared to its average volume of 1,160,945. Dollar General has a twelve month low of $108.74 and a twelve month high of $167.04. The firm’s 50-day simple moving average is $156.18 and its two-hundred day simple moving average is $155.04. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.13 and a current ratio of 1.12. The firm has a market cap of $42.19 billion, a PE ratio of 26.12, a price-to-earnings-growth ratio of 1.90 and a beta of 0.48.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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Earnings History and Estimates for Dollar General (NYSE:DG)

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