Dollar Tree (DLTR) to Release Quarterly Earnings on Tuesday

Dollar Tree (NASDAQ:DLTR) is set to issue its quarterly earnings data before the market opens on Tuesday, November 26th. Analysts expect the company to announce earnings of $1.11 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Thursday, August 29th. The company reported $0.76 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by ($0.20). Dollar Tree had a positive return on equity of 19.76% and a negative net margin of 6.77%. The company had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same period in the prior year, the business earned $1.15 earnings per share. Dollar Tree’s revenue for the quarter was up 3.9% compared to the same quarter last year. On average, analysts expect Dollar Tree to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Shares of NASDAQ DLTR opened at $109.06 on Tuesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.06 and a quick ratio of 0.21. The stock has a fifty day moving average price of $113.33 and a 200 day moving average price of $106.65. Dollar Tree has a 1-year low of $81.02 and a 1-year high of $119.71. The company has a market cap of $25.73 billion, a PE ratio of 20.01, a P/E/G ratio of 2.63 and a beta of 0.55.

In other news, insider Gary Maxwell sold 2,800 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $107.15, for a total value of $300,020.00. Following the completion of the transaction, the insider now owns 7,254 shares in the company, valued at $777,266.10. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Chairman Bob Sasser sold 70,000 shares of the firm’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $115.92, for a total value of $8,114,400.00. Following the completion of the transaction, the chairman now owns 719 shares of the company’s stock, valued at approximately $83,346.48. The disclosure for this sale can be found here. In the last 90 days, insiders sold 81,519 shares of company stock valued at $9,408,464. Company insiders own 1.40% of the company’s stock.

DLTR has been the subject of several recent research reports. Buckingham Research set a $116.00 price target on Dollar Tree and gave the stock a “buy” rating in a report on Friday, August 23rd. BidaskClub cut Dollar Tree from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. UBS Group set a $120.00 price objective on Dollar Tree and gave the stock a “buy” rating in a research report on Friday, October 11th. Citigroup set a $120.00 price objective on Dollar Tree and gave the stock a “hold” rating in a research report on Friday, September 27th. Finally, Deutsche Bank cut Dollar Tree from a “buy” rating to a “hold” rating and cut their price objective for the stock from $106.00 to $99.00 in a research report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $110.34.

About Dollar Tree

Dollar Tree, Inc operates discount variety retail stores. 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, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods that include Valentine's Day, Easter, Halloween, and Christmas merchandise.

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Earnings History for Dollar Tree (NASDAQ:DLTR)

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