Dollar General Co. (NYSE:DG) Receives Average Recommendation of “Moderate Buy” from Analysts

Dollar General Co. (NYSE:DGGet Rating) has earned an average recommendation of “Moderate Buy” from the fifteen brokerages that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $274.83.

Several analysts have recently commented on the stock. StockNews.com started coverage on shares of Dollar General in a research report on Wednesday, October 12th. They set a “buy” rating on the stock. The Goldman Sachs Group lifted their price target on shares of Dollar General from $258.00 to $296.00 and gave the company a “buy” rating in a report on Friday, August 26th. Truist Financial lifted their price target on shares of Dollar General from $227.00 to $262.00 and gave the company a “hold” rating in a report on Friday, August 5th. Morgan Stanley lifted their price target on shares of Dollar General from $250.00 to $270.00 and gave the company an “overweight” rating in a report on Friday, August 26th. Finally, Raymond James lifted their price objective on shares of Dollar General from $260.00 to $285.00 and gave the stock a “strong-buy” rating in a research note on Friday, August 26th.

Dollar General Trading Down 0.4 %

Shares of Dollar General stock opened at $256.33 on Friday. The stock has a market capitalization of $57.82 billion, a PE ratio of 25.53, a P/E/G ratio of 2.01 and a beta of 0.40. Dollar General has a 1-year low of $183.25 and a 1-year high of $262.20. The company’s fifty day simple moving average is $246.05 and its 200-day simple moving average is $241.67. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.02 and a quick ratio of 0.10.

Dollar General (NYSE:DGGet Rating) last announced its quarterly earnings data on Thursday, August 25th. The company reported $2.98 EPS for the quarter, beating the consensus estimate of $2.93 by $0.05. The firm had revenue of $9.43 billion for the quarter, compared to the consensus estimate of $9.40 billion. Dollar General had a net margin of 6.55% and a return on equity of 37.64%. The company’s revenue was up 9.0% on a year-over-year basis. During the same period last year, the firm earned $2.69 EPS. As a group, equities analysts anticipate that Dollar General will post 11.57 earnings per share for the current year.

Insider Buying and Selling at Dollar General

In other Dollar General news, CEO Todd J. Vasos sold 108,145 shares of the business’s stock in a transaction dated Monday, August 29th. The shares were sold at an average price of $239.18, for a total value of $25,866,121.10. Following the completion of the sale, the chief executive officer now directly owns 85,369 shares of the company’s stock, valued at approximately $20,418,557.42. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, CFO John W. Garratt sold 9,570 shares of the business’s stock in a transaction dated Monday, August 29th. The shares were sold at an average price of $238.11, for a total value of $2,278,712.70. Following the completion of the sale, the chief financial officer now owns 24,727 shares in the company, valued at approximately $5,887,745.97. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Todd J. Vasos sold 108,145 shares of the business’s stock in a transaction dated Monday, August 29th. The shares were sold at an average price of $239.18, for a total transaction of $25,866,121.10. Following the completion of the sale, the chief executive officer now owns 85,369 shares of the company’s stock, valued at approximately $20,418,557.42. The disclosure for this sale can be found here. Insiders sold a total of 127,715 shares of company stock valued at $30,549,734 in the last three months. Company insiders own 0.73% of the company’s stock.

Institutional Investors Weigh In On Dollar General

Several large investors have recently modified their holdings of the business. Toroso Investments LLC raised its holdings in shares of Dollar General by 0.8% in the 3rd quarter. Toroso Investments LLC now owns 10,874 shares of the company’s stock valued at $2,607,000 after purchasing an additional 83 shares in the last quarter. IHT Wealth Management LLC bought a new position in shares of Dollar General during the 3rd quarter worth approximately $430,000. B. Riley Wealth Advisors Inc. raised its stake in shares of Dollar General by 124.7% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 7,284 shares of the company’s stock worth $1,749,000 after acquiring an additional 4,042 shares in the last quarter. Teachers Retirement System of The State of Kentucky bought a new position in shares of Dollar General during the 3rd quarter worth approximately $5,184,000. Finally, FourThought Financial LLC raised its stake in shares of Dollar General by 18.8% during the 3rd quarter. FourThought Financial LLC now owns 1,437 shares of the company’s stock worth $345,000 after acquiring an additional 227 shares in the last quarter. Institutional investors own 91.61% of the company’s stock.

Dollar General Company Profile

(Get Rating)

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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Analyst Recommendations for Dollar General (NYSE:DG)

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