Dollar Tree, Inc. (NASDAQ:DLTR – Get Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $119.35, but opened at $115.50. Dollar Tree shares last traded at $119.7320, with a volume of 2,036,662 shares.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on DLTR. The Goldman Sachs Group dropped their price objective on shares of Dollar Tree from $115.00 to $105.00 and set a “sell” rating on the stock in a research note on Friday, May 29th. Truist Financial reduced their price objective on shares of Dollar Tree from $142.00 to $107.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Bank of America restated an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Wall Street Zen upgraded Dollar Tree from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a report on Thursday, June 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, Dollar Tree presently has a consensus rating of “Hold” and a consensus target price of $119.48.
Check Out Our Latest Report on Dollar Tree
Dollar Tree Stock Down 2.0%
Dollar Tree (NASDAQ:DLTR – Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.53 by $0.21. The firm had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, analysts forecast that Dollar Tree, Inc. will post 6.98 EPS for the current year.
Hedge Funds Weigh In On Dollar Tree
Several hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC increased its stake in Dollar Tree by 3,237.4% during the 1st quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock valued at $1,032,000 after purchasing an additional 13,338 shares in the last quarter. Woodline Partners LP lifted its stake in shares of Dollar Tree by 40.7% during the first quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock worth $1,282,000 after buying an additional 4,941 shares during the period. Focus Partners Wealth lifted its stake in shares of Dollar Tree by 2.0% during the first quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock worth $799,000 after buying an additional 213 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Dollar Tree during the second quarter valued at $257,000. Finally, CW Advisors LLC purchased a new stake in shares of Dollar Tree during the second quarter valued at $264,000. Institutional investors and hedge funds own 97.40% of the company’s stock.
About Dollar Tree
Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.
Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.
Read More
- Five stocks we like better than Dollar Tree
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
- Getty Images’ OpenAI Deal Gives the Stock a New AI Licensing Story
Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.com's FREE daily email newsletter.
