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DG Stock Forecast: All the More Reason to Consider Dollar General Corp (DG) Now

Dollar General Corp (NYSE: DG) is -43.66% lower on its value in year-to-date trading and has touched a low of $72.12 and a high of $168.07 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 $74.93 in the last trading session, with the day’s gains setting it 1.66%.

Currently trading at $76.59, the stock is -1.17% and -5.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.95 million and changing 2.22% at the moment leaves the stock -35.92% off its SMA200. DG registered -38.96% loss for a year compared to 6-month loss of -46.17%. The firm has a 50-day simple moving average (SMA 50) of $81.16 and a 200-day simple moving average (SMA200) of $119.81815.

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The stock witnessed a -4.72% gain in the last 1 month and extending the period to 3 months gives it a -38.79%, and is -0.65% 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 2.83% over the week and 2.81% over the month.

Dollar General Corp (DG) has around 185800 employees, a market worth around $17.07B and $39.68B in sales. Current P/E ratio is 11.90 and Fwd P/E is 12.43. Profit margin for the company is 3.57%. Distance from 52-week low is 6.20% and -54.43% from its 52-week high. The company has generated returns on investments over the last 12 months (6.08%).

The EPS is expected to shrink by -22.70% this year.

Dollar General Corp (DG) Top Institutional Holders

1268.0 institutions hold shares in Dollar General Corp (DG), with institutional investors hold 94.77% of the company’s shares. The shares outstanding are 219.66M, and float is at 219.23M with Short Float at 2.99%. Institutions hold 94.53% of the Float.

The top institutional shareholder in the company is CAPITAL INTERNATIONAL INVESTORS with over 25.22 million shares valued at $3.33 billion. The investor’s holdings represent 11.4747% of the DG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 24.94 million shares valued at $3.3 billion to account for 11.3474 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 21.72 million shares representing 9.8838% and valued at over $2.87 billion, while BLACKROCK INC. holds 8.1665 of the shares totaling 17.95 million with a market value of $2.37 billion.

Dollar General Corp (DG) Insider Activity

The most recent transaction is an insider sale by Deckard Steven R, the company’s EVP, Store Ops & Development. SEC filings show that Deckard Steven R sold 2,010 shares of the company’s common stock on Sep 18 ’24 at a price of $86.66 per share for a total of $0.17 million. Following the sale, the insider now owns 2887.0 shares.

Still, SEC filings show that on Sep 12 ’24, West Roderick J (EVP, Global Supply Chain) disposed off 2,510 shares at an average price of $83.25 for $0.21 million. The insider now directly holds 9,163 shares of Dollar General Corp (DG).

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