We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Dollar Tree (DLTR) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
Dollar Tree (DLTR - Free Report) closed the latest trading day at $66.77, indicating a -0.06% change from the previous session's end. This move lagged the S&P 500's daily gain of 1.23%. On the other hand, the Dow registered a gain of 1.02%, and the technology-centric Nasdaq increased by 1.43%.
Heading into today, shares of the discount retailer had lost 3.82% over the past month, lagging the Retail-Wholesale sector's gain of 0.58% and the S&P 500's loss of 0.54% in that time.
Market participants will be closely following the financial results of Dollar Tree in its upcoming release. The company's upcoming EPS is projected at $1.06, signifying a 9.28% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $7.45 billion, reflecting a 1.88% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $5.33 per share and a revenue of $30.71 billion, demonstrating changes of -9.51% and +0.34%, respectively, from the preceding year.
Any recent changes to analyst estimates for Dollar Tree should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Dollar Tree possesses a Zacks Rank of #4 (Sell).
In terms of valuation, Dollar Tree is currently trading at a Forward P/E ratio of 12.54. For comparison, its industry has an average Forward P/E of 19.47, which means Dollar Tree is trading at a discount to the group.
It is also worth noting that DLTR currently has a PEG ratio of 2.83. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Retail - Discount Stores industry held an average PEG ratio of 2.4.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 97, finds itself in the top 39% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Dollar Tree (DLTR) Stock Slides as Market Rises: Facts to Know Before You Trade
Dollar Tree (DLTR - Free Report) closed the latest trading day at $66.77, indicating a -0.06% change from the previous session's end. This move lagged the S&P 500's daily gain of 1.23%. On the other hand, the Dow registered a gain of 1.02%, and the technology-centric Nasdaq increased by 1.43%.
Heading into today, shares of the discount retailer had lost 3.82% over the past month, lagging the Retail-Wholesale sector's gain of 0.58% and the S&P 500's loss of 0.54% in that time.
Market participants will be closely following the financial results of Dollar Tree in its upcoming release. The company's upcoming EPS is projected at $1.06, signifying a 9.28% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $7.45 billion, reflecting a 1.88% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $5.33 per share and a revenue of $30.71 billion, demonstrating changes of -9.51% and +0.34%, respectively, from the preceding year.
Any recent changes to analyst estimates for Dollar Tree should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Dollar Tree possesses a Zacks Rank of #4 (Sell).
In terms of valuation, Dollar Tree is currently trading at a Forward P/E ratio of 12.54. For comparison, its industry has an average Forward P/E of 19.47, which means Dollar Tree is trading at a discount to the group.
It is also worth noting that DLTR currently has a PEG ratio of 2.83. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Retail - Discount Stores industry held an average PEG ratio of 2.4.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 97, finds itself in the top 39% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.