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Is Dollar Tree Inc (DLTR) a good stock to buy now?

Dollar Tree Inc (NASDAQ: DLTR) is -26.21% lower on its value in year-to-date trading and has touched a low of $101.83 and a high of $154.96 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 DLTR stock was last observed hovering at around $103.83 in the last trading session, with the day’s gains setting it 0.99%.

Currently trading at $104.82, the stock is -1.24% and -6.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.91 million and changing 0.95% at the moment leaves the stock -15.03% off its SMA200. DLTR registered -29.13% loss for a year compared to 6-month loss of -22.79%.

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The stock witnessed a -1.61% gain in the last 1 month and extending the period to 3 months gives it a -16.38%, and is 0.76% 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 3.13% over the week and 2.60% over the month.

Dollar Tree Inc (DLTR) has around 211800 employees, a market worth around $22.53B and $30.91B in sales. Fwd P/E is 13.36. Profit margin for the company is -3.23%. Distance from 52-week low is 2.94% and -32.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.17%).

The EPS is expected to grow by 12.78% this year.

Dollar Tree Inc (DLTR) Top Institutional Holders

The shares outstanding are 217.91M, and float is at 214.75M with Short Float at 3.93%.

Dollar Tree Inc (DLTR) Insider Activity

The most recent transaction is an insider sale by Aflatooni Robert,the company’sChief Information Officer. SEC filings show that Aflatooni Robert sold 827 shares of the company’s common stock on Jun 25 ’24 at a price of $105.58 per share for a total of $87315.0. Following the sale, the insider now owns 9725.0 shares.

Dollar Tree Inc disclosed in a document filed with the SEC on Apr 01 ’24 that Davis Jeffrey A. (Chief Financial Officer) bought a total of 1,800 shares of the company’s common stock. The trade occurred on Apr 01 ’24 and was made at $136.00 per share for $0.24 million. Following the transaction, the insider now directly holds 19047.0 shares of the DLTR stock.

Still, SEC filings show that on Mar 18 ’24, HEINRICH DANIEL J (Director) acquired 1,000 shares at an average price of $127.85 for $0.13 million. The insider now directly holds 6,225 shares of Dollar Tree Inc (DLTR).

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