Dollar Tree Inc (NASDAQ: DLTR) is -54.59% lower on its value in year-to-date trading and has touched a low of $60.81 and a high of $151.21 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 $66.26 in the last trading session, with the day’s loss setting it -1.76%.
Currently trading at $64.50, the stock is -5.11% and -12.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.54 million and changing -2.66% at the moment leaves the stock -41.00% off its SMA200. DLTR registered -40.41% loss for a year compared to 6-month loss of -45.45%. The firm has a 50-day simple moving average (SMA 50) of $73.8704 and a 200-day simple moving average (SMA200) of $109.32685.
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The stock witnessed a -8.28% gain in the last 1 month and extending the period to 3 months gives it a -38.18%, and is -3.65% down 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 2.30% over the week and 2.54% over the month.
Dollar Tree Inc (DLTR) has around 211800 employees, a market worth around $13.87B and $30.97B in sales. Fwd P/E is 10.70. Profit margin for the company is -3.44%. Distance from 52-week low is 6.06% and -57.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.92%).
with sales reaching $7.44B over the same period.The EPS is expected to shrink by -8.54% this year, but quarterly earnings will post 0.40% year-over-year.
Dollar Tree Inc (DLTR) Top Institutional Holders
1045.0 institutions hold shares in Dollar Tree Inc (DLTR), with institutional investors hold 101.80% of the company’s shares. The shares outstanding are 217.91M, and float is at 214.79M with Short Float at 5.32%. Institutions hold 101.72% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.53 million shares valued at $2.51 billion. The investor’s holdings represent 10.8023% of the DLTR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.43 million shares valued at $1.75 billion to account for 7.542 of the shares outstanding. The other top investors are MANTLE RIDGE LP which holds 12.1 million shares representing 5.5576% and valued at over $1.29 billion, while NOMURA HOLDINGS INC holds 4.9514 of the shares totaling 10.78 million with a market value of $1.15 billion.
Dollar Tree Inc (DLTR) Insider Activity
The most recent transaction is an insider purchase by HEINRICH DANIEL J, the company’s Director. SEC filings show that HEINRICH DANIEL J bought 2,200 shares of the company’s common stock on Sep 06 ’24 at a price of $68.27 per share for a total of $0.15 million. Following the purchase, the insider now owns 9823.0 shares.
Dollar Tree Inc disclosed in a document filed with the SEC on Jun 25 ’24 that Aflatooni Robert (Chief Information Officer) sold a total of 827 shares of the company’s common stock. The trade occurred on Jun 25 ’24 and was made at $105.58 per share for $87315.0. Following the transaction, the insider now directly holds 9725.0 shares of the DLTR stock.
Still, SEC filings show that on Apr 01 ’24, Davis Jeffrey A. (Chief Financial Officer) acquired 1,800 shares at an average price of $136.00 for $0.24 million. The insider now directly holds 19,047 shares of Dollar Tree Inc (DLTR).
