Dollar General (DG) Given “Outperform” Rating at Telsey Advisory Group

Telsey Advisory Group reiterated their outperform rating on shares of Dollar General (NYSE:DG) in a research note released on Thursday morning, MarketBeat Ratings reports. Telsey Advisory Group currently has a $126.00 price objective on the stock.

A number of other research analysts also recently issued reports on the stock. Citigroup lifted their price target on shares of Dollar General from $120.00 to $144.00 and gave the stock a buy rating in a research note on Wednesday, March 6th. Oppenheimer lifted their price target on shares of Dollar General from $120.00 to $130.00 and gave the stock an outperform rating in a research note on Monday, March 4th. Zacks Investment Research downgraded shares of Dollar General from a buy rating to a hold rating in a research note on Tuesday, February 26th. Raymond James set a $127.00 price target on shares of Dollar General and gave the stock a buy rating in a research note on Tuesday, February 26th. Finally, Deutsche Bank downgraded shares of Dollar General from a buy rating to a hold rating in a research note on Thursday, February 28th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of $117.61.

Shares of DG stock traded up $1.41 during trading on Thursday, reaching $113.05. The company’s stock had a trading volume of 1,896,055 shares, compared to its average volume of 2,250,119. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 1.55. The stock has a market capitalization of $31.44 billion, a P/E ratio of 25.18, a price-to-earnings-growth ratio of 1.42 and a beta of 0.71. Dollar General has a 1-year low of $86.87 and a 1-year high of $121.27.



Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, March 14th. The company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $1.89 by ($0.05). The business had revenue of $6.65 billion during the quarter, compared to analyst estimates of $6.61 billion. Dollar General had a net margin of 7.24% and a return on equity of 24.03%. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.48 EPS. On average, research analysts forecast that Dollar General will post 6.02 EPS for the current fiscal year.

In other Dollar General news, EVP Robert D. Ravener sold 32,492 shares of the business’s stock in a transaction on Tuesday, January 8th. The shares were sold at an average price of $111.63, for a total value of $3,627,081.96. Following the transaction, the executive vice president now directly owns 33,307 shares of the company’s stock, valued at approximately $3,718,060.41. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.41% of the company’s stock.

Several large investors have recently bought and sold shares of DG. Oregon Public Employees Retirement Fund grew its stake in shares of Dollar General by 10,128.2% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,752,166 shares of the company’s stock worth $90,000 after purchasing an additional 9,656,820 shares during the period. Bank of New York Mellon Corp grew its stake in Dollar General by 23,132.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,356,904 shares of the company’s stock valued at $366,909,000 after acquiring an additional 3,342,455 shares during the last quarter. BlackRock Inc. grew its stake in Dollar General by 13.9% in the 4th quarter. BlackRock Inc. now owns 22,207,042 shares of the company’s stock valued at $2,400,135,000 after acquiring an additional 2,709,334 shares during the last quarter. Norges Bank acquired a new stake in Dollar General in the 4th quarter valued at about $216,226,000. Finally, FMR LLC grew its stake in Dollar General by 21.3% in the 4th quarter. FMR LLC now owns 7,274,966 shares of the company’s stock valued at $786,278,000 after acquiring an additional 1,278,052 shares during the last quarter. 96.00% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Company Profile

Dollar General Corp. engages in retailing of merchandise, including consumables, seasonal, home products, and apparel. Its brands include Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo The company was founded by J. L.

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Analyst Recommendations for Dollar General (NYSE:DG)

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