Jefferies Group Weighs in on Dollar Tree Inc.'s FY2019 Earnings (DLTR)

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Jefferies Group Weighs in on Dollar Tree Inc.'s FY2019 Earnings (DLTR)

(NASDAQ:DLTR) in a research report sent to investors on Monday.

Carnival Corporation (NYSE:CCL) [Trend Analysis] pretends to be active mover, stock jumped up around 2.23% to traded at $53.22.

A total of 19 equity analysts have released a research note on DLTR. Forte Capital Limited Liability Company Adv, a New York-based fund reported 26,123 shares. Credit Suisse Group AG set a $75.00 price target on shares of Dollar Tree and gave the company a sell rating in a report on Tuesday, November 22nd. The shares have accelerated in recent weeks, with their price up about 4.74% in the past three months. Marsico Capital Lc holds 1.80M shares or 5.88% of its portfolio. Breaking those down we see that the ratings are as follows: 11 Strong Buy, 1 Rated Buy, 8 Rated Hold and 0 Rated Sell. Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future.

Dollar Tree (NASDAQ:DLTR) opened at 88.16 on Monday. (NASDAQ:DLTR) news was published by Reuters.com which published an article titled: "Dollar Tree's profit beats as Family Dollar purchase pays off" on November 22, 2016. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 6.67% where SMA50 and SMA200 are 9.74% and 2.55% respectively. (NASDAQ:DLTR). Bnp Paribas Invest Ptnrs Sa holds 0.05% of its portfolio in Dollar Tree, Inc. Dollar Tree, Inc. consensus analyst price target has now moved to $92.72. Dollar Tree had a net margin of 3.93% and a return on equity of 17.15%.

In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for Dollar Tree, Inc.as 5.62 Billion. During the same period in the previous year, the business posted $0.49 EPS. Stock monthly performance is recorded as 1.42% while its performance in last 5 sessions is -1.38%.

More About Dollar Tree, Inc.

09/06/2016 - Dollar Tree, Inc. had its "buy" rating reiterated by analysts at Goldman Sachs. (NASDAQ:DLTR) based on the information in this report. If you are accessing this report on another site, it was stolen and reposted in violation of United States and global copyright law. Covering Street analysts are looking for Dollar Tree, Inc.

In other Dollar Tree news, insider Joshua R. Jewett sold 6,716 shares of the business's stock in a transaction that occurred on Wednesday, November 30th. Since the commencement of the share repurchase program in Dec 2011, the company has bought back 70.2 million shares aggregating $4.3 billion. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. They now have a United States dollars 80 price target on the stock. Following the completion of the purchase, the director now directly owns 11,029 shares in the company, valued at $882,320. The disclosure for this sale can be found here. Performance week shows a value of 9.36%, and the Performance for the Month is valued at 20.32%. FMR LLC raised its position in shares of Dollar Tree by 7.1% in the second quarter. These analysts have also projected a Low Estimate of $1.22/share and a High Estimate of $1.44/share. FMR LLC now owns 8,489,053 shares of the company's stock valued at $800,008,000 after buying an additional 561,520 shares in the last quarter.

Institutional investors have recently added to or reduced their stakes in the stock. (NASDAQ:DLTR) for the current quarter is 27.7 percent. The prior year's quarter included sales from 325 Family Dollar stores that were divested following the third quarter of 2015. The Firm operates approximately 13,851 discount variety retail stores in approximately 48 states and over five Canadian provinces. However, the inconsistency of Dollar General's earnings, its poor correlation to Dollar Tree's earnings, and eye-watering slide from its last earnings miss do not make this a safe bet. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

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