Dollar General Corporation (NYSE: DG) is -2.22% lower on its value in year-to-date trading and has touched a low of $162.41 and a high of $225.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DG stock was last observed hovering at around $207.78 in the last trading session, with the day’s loss setting it -2.15% off its average median price target of $225.00 for the next 12 months. It is also 20.91% off the consensus price target high of $260.00 offered by 29 analysts, but current levels are -14.24% lower than the price target low of $180.00 for the same period.
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Currently trading at $205.63, the stock is 5.82% and 5.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.82 million and changing -1.03% at the moment leaves the stock 1.55% off its SMA200. DG registered 26.78% gain for a year compared to 6-month loss of -2.78%. The firm has a 50-day simple moving average (SMA 50) of $192.96 and a 200-day simple moving average (SMA200) of $206.32.
The stock witnessed a 15.06% gain in the last 1 month and extending the period to 3 months gives it a -1.95%, and is 1.10% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.06% over the week and 2.68% over the month.
Dollar General Corporation (DG) has around 158000 employees, a market worth around $49.25B and $33.75B in sales. Current P/E ratio is 19.38 and Fwd P/E is 19.23. Profit margin for the company is 7.90%. Distance from 52-week low is 26.61% and -8.71% from its 52-week high. The company has generated returns on investments over the last 12 months (26.00%).
Dollar General Corporation (DG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Dollar General Corporation (DG) is a “Buy”. 29 analysts offering their recommendations for the stock have an average rating of 1.90, where 4 rate it as a Hold and 2 think it is a “Overweight”. 22 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Dollar General Corporation is expected to release its quarterly report on 06/03/2021 and quarterly earnings per share for the current quarter are estimated at $2.1 with sales reaching $8.12B over the same period.The EPS is expected to grow by 60.00% this year, but quarterly earnings will post 0.10% year-over-year. Quarterly sales are estimated to grow 6.70% in year-over-year returns.
Dollar General Corporation (DG) Top Institutional Holders
1,615 institutions hold shares in Dollar General Corporation (DG), with 581.41k shares held by insiders accounting for 0.24% while institutional investors hold 95.12% of the company’s shares. The shares outstanding are 243.49M, and float is at 238.38M with Short Float at 1.51%. Institutions hold 94.89% of the Float.
The top institutional shareholder in the company is Price (T.Rowe) Associates Inc with over 20.48 million shares valued at $4.31 billion. The investor’s holdings represent 8.56% of the DG Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 19.18 million shares valued at $4.03 billion to account for 8.02% of the shares outstanding. The other top investors are Blackrock Inc. which holds 17.57 million shares representing 7.35% and valued at over $3.7 billion, while Capital World Investors holds 4.71% of the shares totaling 11.28 million with a market value of $2.37 billion.
Dollar General Corporation (DG) Insider Activity
A total of 20 insider transactions have happened at Dollar General Corporation (DG) in the last six months, with sales accounting for 4 and purchases happening 16 times. The most recent transaction is an insider sale by Garratt John W ,the company’sEVP & Chief Financial Officer. SEC filings show that Garratt John W sold 26,127 shares of the company’s common stock on Mar 23 at a price of $199.35 per share for a total of $5.21 million. Following the sale, the insider now owns 30961.0 shares.
Dollar General Corporation disclosed in a document filed with the SEC on Sep 28 that ELLIOTT ANITA C (SVP & Chief Accounting Officer) sold a total of 8,470 shares of the company’s common stock. The trade occurred on Sep 28 and was made at $209.80 per share for $1.78 million. Following the transaction, the insider now directly holds 12498.0 shares of the DG stock.
Still, SEC filings show that on Sep 16, Kindy Michael J (EVP, Global Supply Chain) disposed off 13,895 shares at an average price of $203.77 for $2.83 million. The insider now directly holds 5,145 shares of Dollar General Corporation (DG).
Dollar General Corporation (DG): Who are the competitors?
The company’s main competitors (and peers) include Costco Wholesale Corporation (COST) that is trading 28.03% up over the past 12 months and Five Below Inc. (FIVE) that is 214.78% higher over the same period. Big Lots Inc. (BIG) is 368.28% up on the 1-year trading charts. Short interest in the company’s stock has risen 4.71% from the last report on Feb 11, 2021 to stand at a total of 3.44 million short shares sold with a short interest ratio of 1.46.