Dollar Tree (DLTR) Downgraded by FIX

Dollar Tree (NASDAQ:DLTR) was downgraded by equities researchers at FIX from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Thursday, The Fly reports.

Several other research firms also recently commented on DLTR. Gordon Haskett raised Dollar Tree from a “hold” rating to an “accumulate” rating and set a $110.00 price objective for the company in a report on Monday, January 7th. Buckingham Research raised Dollar Tree from a “neutral” rating to a “buy” rating in a report on Tuesday. ValuEngine downgraded Dollar Tree from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. BidaskClub raised Dollar Tree from a “buy” rating to a “strong-buy” rating in a report on Friday, January 4th. Finally, Morgan Stanley cut their price target on Dollar Tree from $95.00 to $90.00 and set an “equal weight” rating for the company in a report on Friday, November 30th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $100.96.

NASDAQ DLTR opened at $97.28 on Thursday. The company has a market capitalization of $23.12 billion, a PE ratio of 20.02, a P/E/G ratio of 1.30 and a beta of 0.50. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.22 and a quick ratio of 0.48. Dollar Tree has a 12 month low of $78.78 and a 12 month high of $116.65.



Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Thursday, November 29th. The company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.15 by $0.03. The company had revenue of $5.54 billion during the quarter, compared to the consensus estimate of $5.55 billion. Dollar Tree had a return on equity of 17.11% and a net margin of 7.64%. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.01 EPS. On average, sell-side analysts forecast that Dollar Tree will post 5.45 earnings per share for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of DLTR. Price Capital Management Inc. bought a new position in shares of Dollar Tree in the third quarter worth $106,000. SRS Capital Advisors Inc. increased its position in shares of Dollar Tree by 252.9% in the third quarter. SRS Capital Advisors Inc. now owns 1,408 shares of the company’s stock worth $115,000 after purchasing an additional 1,009 shares during the period. Stelac Advisory Services LLC bought a new position in shares of Dollar Tree in the third quarter worth $121,000. Bbva Compass Bancshares Inc. bought a new position in shares of Dollar Tree in the third quarter worth $147,000. Finally, grace capital bought a new position in shares of Dollar Tree in the second quarter worth $153,000. 92.04% of the stock is owned by institutional investors.

Dollar Tree Company Profile

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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Analyst Recommendations for Dollar Tree (NASDAQ:DLTR)

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