JPMorgan Chase & Co. Increases Dollar Tree (NASDAQ:DLTR) Price Target to $170.00

Dollar Tree (NASDAQ:DLTRGet Free Report) had its target price increased by equities researchers at JPMorgan Chase & Co. from $160.00 to $170.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 37.04% from the stock’s current price.

A number of other brokerages have also recently commented on DLTR. Evercore set a $140.00 target price on shares of Dollar Tree in a report on Monday, May 18th. UBS Group set a $124.00 price target on shares of Dollar Tree in a research note on Thursday, May 28th. Citigroup cut their price objective on shares of Dollar Tree from $132.00 to $125.00 and set a “neutral” rating for the company in a research report on Tuesday, March 17th. Jefferies Financial Group restated an “underperform” rating and issued a $85.00 price objective on shares of Dollar Tree in a research note on Friday, May 29th. Finally, Guggenheim raised their target price on Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $120.90.

Check Out Our Latest Stock Analysis on DLTR

Dollar Tree Stock Performance

Shares of NASDAQ:DLTR opened at $124.05 on Monday. The stock’s 50-day simple moving average is $105.34 and its two-hundred day simple moving average is $114.62. The stock has a market capitalization of $23.84 billion, a price-to-earnings ratio of 19.38, a PEG ratio of 1.42 and a beta of 0.65. Dollar Tree has a 52-week low of $84.71 and a 52-week high of $142.40. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16.

Dollar Tree (NASDAQ:DLTRGet Free Report) last released its quarterly earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.53 by $0.21. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the prior year, the firm earned $1.26 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Analysts expect that Dollar Tree will post 6.98 EPS for the current year.

Dollar Tree declared that its Board of Directors has authorized a share buyback program on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the company to buy up to 10.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Institutional Trading of Dollar Tree

Several hedge funds have recently bought and sold shares of DLTR. Cullen Frost Bankers Inc. bought a new stake in shares of Dollar Tree in the fourth quarter worth about $25,000. Reflection Asset Management bought a new position in Dollar Tree during the fourth quarter valued at approximately $25,000. Covestor Ltd boosted its stake in Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after buying an additional 84 shares during the last quarter. Basecamp Wealth Advisors LLC grew its holdings in Dollar Tree by 59.9% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after buying an additional 97 shares in the last quarter. Finally, Wilkerson Advisory Group LLC grew its holdings in Dollar Tree by 80.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after buying an additional 117 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

About Dollar Tree

(Get Free Report)

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.

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