Q4 2019 EPS Estimates for Dollar Tree, Inc. Decreased by Oppenheimer (DLTR)

Dollar Tree, Inc. (NASDAQ:DLTR) – Research analysts at Oppenheimer reduced their Q4 2019 EPS estimates for shares of Dollar Tree in a report issued on Thursday, November 29th. Oppenheimer analyst R. Parikh now forecasts that the company will earn $1.90 per share for the quarter, down from their prior estimate of $2.00. Oppenheimer also issued estimates for Dollar Tree’s FY2020 earnings at $5.65 EPS.

DLTR has been the subject of a number of other research reports. Gordon Haskett cut shares of Dollar Tree from an “accumulate” rating to a “hold” rating in a report on Monday, October 15th. Zacks Investment Research cut shares of Dollar Tree from a “buy” rating to a “hold” rating in a report on Friday, August 31st. Raymond James dropped their price objective on shares of Dollar Tree from $95.00 to $90.00 and set an “outperform” rating for the company in a report on Friday, August 31st. BidaskClub cut shares of Dollar Tree from a “buy” rating to a “hold” rating in a report on Saturday, November 17th. Finally, Credit Suisse Group set a $96.00 price objective on shares of Dollar Tree and gave the company a “buy” rating in a report on Monday, November 26th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and thirteen have given a buy rating to the company’s stock. Dollar Tree has an average rating of “Hold” and an average target price of $101.90.

Shares of DLTR stock opened at $86.77 on Monday. The company has a quick ratio of 0.52, a current ratio of 2.22 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $20.64 billion, a P/E ratio of 17.85, a price-to-earnings-growth ratio of 1.12 and a beta of 0.62. Dollar Tree has a fifty-two week low of $78.78 and a fifty-two week high of $116.65.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Thursday, November 29th. The company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.03. The business had revenue of $5.54 billion during the quarter, compared to analysts’ expectations of $5.55 billion. Dollar Tree had a net margin of 7.64% and a return on equity of 17.11%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the business earned $1.01 earnings per share.

Institutional investors have recently modified their holdings of the stock. MUFG Americas Holdings Corp lifted its position in shares of Dollar Tree by 0.6% during the 2nd quarter. MUFG Americas Holdings Corp now owns 101,801 shares of the company’s stock worth $8,653,000 after buying an additional 573 shares during the last quarter. Dupont Capital Management Corp lifted its position in shares of Dollar Tree by 35.2% during the 2nd quarter. Dupont Capital Management Corp now owns 2,206 shares of the company’s stock worth $188,000 after buying an additional 574 shares during the last quarter. State Treasurer State of Michigan lifted its position in shares of Dollar Tree by 0.9% during the 2nd quarter. State Treasurer State of Michigan now owns 70,410 shares of the company’s stock worth $5,985,000 after buying an additional 600 shares during the last quarter. Penserra Capital Management LLC lifted its position in shares of Dollar Tree by 16.5% during the 3rd quarter. Penserra Capital Management LLC now owns 4,784 shares of the company’s stock worth $390,000 after buying an additional 676 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its position in shares of Dollar Tree by 46.0% during the 2nd quarter. Fuller & Thaler Asset Management Inc. now owns 2,190 shares of the company’s stock worth $186,000 after buying an additional 690 shares during the last quarter. Institutional investors own 92.83% of the company’s stock.

In other news, Director Lemuel E. Lewis purchased 1,210 shares of the firm’s stock in a transaction that occurred on Thursday, September 27th. The stock was bought at an average price of $82.75 per share, for a total transaction of $100,127.50. Following the completion of the purchase, the director now directly owns 20,114 shares of the company’s stock, valued at $1,664,433.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is owned by insiders.

About Dollar Tree

Dollar Tree, Inc operates discount variety retail stores in the United States and Canada. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise.

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Earnings History and Estimates for Dollar Tree (NASDAQ:DLTR)

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