Earnings and Growth Analysis : Dollar Tree Stock Forecast, Price & News (NASDAQ:DLTR)

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Earnings results for Dollar Tree Stock Forecast, Price & News (NASDAQ:DLTR)

Dollar Tree, Inc. is expected* to report earnings on 08/27/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 10 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.89. The reported EPS for the same quarter last year was $0.92.

Dollar Tree last announced its quarterly earnings data on May 28th, 2020. The reported $1.04 EPS for the quarter, beating the consensus estimate of $0.85 by $0.19. The firm earned $6.29 billion during the quarter, compared to the consensus estimate of $6.14 billion. Its revenue for the quarter was up 8.2% on a year-over-year basis. Dollar Tree has generated $4.76 earnings per share over the last year and currently has a price-to-earnings ratio of 30.7. Dollar Tree has confirmed that its next quarterly earnings report will be published on Thursday, August 27th, 2020.

Analyst Opinion on Dollar Tree Stock Forecast, Price & News (NASDAQ:DLTR)

23 Wall Street analysts have issued ratings and price targets for Dollar Tree in the last 12 months. Their average twelve-month price target is $104.33, predicting that the stock has a possible upside of 0.09%. The high price target for DLTR is $125.00 and the low price target for DLTR is $85.00. There are currently 8 hold ratings and 15 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Dollar Tree has received a consensus rating of Buy. The company’s average rating score is 2.65, and is based on 15 buy ratings, 8 hold ratings, and no sell ratings. According to analysts’ consensus price target of $104.33, Dollar Tree has a forecasted upside of 0.1% from its current price of $104.24. Dollar Tree has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Dollar Tree Stock Forecast, Price & News (NASDAQ:DLTR)

Dollar Tree does not currently pay a dividend. Dollar Tree does not have a long track record of dividend growth.

Insiders buying/selling: Dollar Tree Stock Forecast, Price & News (NASDAQ:DLTR)

In the past three months, Dollar Tree insiders have not sold or bought any company stock. Only 1.40% of the stock of Dollar Tree is held by insiders. 89.29% of the stock of Dollar Tree is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Dollar Tree Stock Forecast, Price & News (NASDAQ:DLTR

Earnings for Dollar Tree are expected to grow by 11.51% in the coming year, from $5.04 to $5.62 per share. The P/E ratio of Dollar Tree is 30.66, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.69. The P/E ratio of Dollar Tree is 30.66, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.97. Dollar Tree has a PEG Ratio of 2.08. PEG Ratios above 1 indicate that a company could be overvalued. Dollar Tree has a P/B Ratio of 3.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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