Equities research analysts forecast that Dollar Tree, Inc. (NASDAQ:DLTR) will post earnings of $0.92 per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for Dollar Tree’s earnings. The highest EPS estimate is $1.10 and the lowest is $0.69. Dollar Tree posted earnings per share of $1.14 in the same quarter last year, which would indicate a negative year-over-year growth rate of 19.3%. The business is scheduled to issue its next earnings results before the market opens on Thursday, May 28th.

On average, analysts expect that Dollar Tree will report full-year earnings of $4.77 per share for the current financial year, with EPS estimates ranging from $4.24 to $5.17. For the next financial year, analysts anticipate that the firm will report earnings of $5.36 per share, with EPS estimates ranging from $5.05 to $5.75. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover Dollar Tree.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Wednesday, March 4th. The company reported $1.79 EPS for the quarter, beating the Zacks’ consensus estimate of $1.76 by $0.03. Dollar Tree had a net margin of 3.50% and a return on equity of 19.71%. The firm had revenue of $6.32 billion for the quarter, compared to the consensus estimate of $6.39 billion. During the same period in the previous year, the firm posted $1.93 earnings per share. The firm’s revenue was up 1.8% on a year-over-year basis.

A number of research analysts recently commented on the stock. Morgan Stanley lowered their price objective on shares of Dollar Tree from $95.00 to $82.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 17th. Loop Capital raised shares of Dollar Tree from a “sell” rating to a “hold” rating and set a $74.00 target price for the company in a research report on Monday, March 16th. Credit Suisse Group decreased their target price on shares of Dollar Tree from $108.00 to $98.00 and set an “outperform” rating for the company in a research report on Thursday, March 5th. They noted that the move was a valuation call. Telsey Advisory Group downgraded shares of Dollar Tree from an “outperform” rating to an “under perform” rating in a research report on Wednesday, April 1st. Finally, Royal Bank of Canada decreased their target price on shares of Dollar Tree to $90.00 and set an “outperform” rating for the company in a research report on Thursday, March 5th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $96.81.

In related news, Director Lemuel E. Lewis bought 500 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was purchased at an average cost of $75.26 per share, for a total transaction of $37,630.00. Following the purchase, the director now directly owns 23,514 shares in the company, valued at $1,769,663.64. The purchase was disclosed in a filing with the SEC, which is available through this link. 1.40% of the stock is owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in DLTR. Zeke Capital Advisors LLC raised its stake in Dollar Tree by 6.5% during the 4th quarter. Zeke Capital Advisors LLC now owns 4,227 shares of the company’s stock valued at $398,000 after purchasing an additional 258 shares during the last quarter. IFP Advisors Inc raised its stake in Dollar Tree by 5.2% during the 4th quarter. IFP Advisors Inc now owns 3,527 shares of the company’s stock valued at $323,000 after purchasing an additional 175 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Dollar Tree by 157.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 71,603 shares of the company’s stock valued at $6,734,000 after purchasing an additional 43,798 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in shares of Dollar Tree by 102.1% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 15,939 shares of the company’s stock valued at $1,499,000 after buying an additional 8,054 shares in the last quarter. Finally, Coronation Fund Managers Ltd. acquired a new position in shares of Dollar Tree in the 4th quarter valued at $2,753,000. Hedge funds and other institutional investors own 91.14% of the company’s stock.

DLTR traded up $0.48 on Monday, reaching $81.70. 2,390,532 shares of the company traded hands, compared to its average volume of 2,100,005. The stock’s 50 day moving average price is $77.14 and its 200-day moving average price is $87.61. Dollar Tree has a 52-week low of $60.20 and a 52-week high of $119.71. The company has a market cap of $19.23 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 1.58 and a beta of 0.54. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.20 and a quick ratio of 0.21.

About Dollar Tree

Dollar Tree, Inc operates discount variety retail stores. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods that include Valentine's Day, Easter, Halloween, and Christmas merchandise.

Further Reading: What are catch-up contributions?

Get a free copy of the Zacks research report on Dollar Tree (DLTR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Dollar Tree (NASDAQ:DLTR)

Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.com's FREE daily email newsletter.