Argus Forecasts Strong Price Appreciation for Dollar General (NYSE:DG) Stock

Dollar General (NYSE:DGGet Free Report) had its price target upped by equities research analysts at Argus from $165.00 to $170.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Argus’ price objective indicates a potential upside of 29.54% from the company’s current price.

DG has been the subject of several other research reports. Guggenheim reissued a “buy” rating and issued a $140.00 price target on shares of Dollar General in a research report on Monday. Telsey Advisory Group lifted their price target on Dollar General from $125.00 to $140.00 and gave the company a “market perform” rating in a research note on Friday, August 28th. BMO Capital Markets lifted their target price on Dollar General from $120.00 to $135.00 and gave the company a “market perform” rating in a research report on Friday, August 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dollar General in a research note on Wednesday, July 8th. Finally, Evercore decreased their price objective on shares of Dollar General from $145.00 to $140.00 in a research note on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Dollar General has an average rating of “Hold” and a consensus target price of $135.35.

View Our Latest Research Report on Dollar General

Dollar General Stock Up 0.3%

Shares of NYSE DG opened at $131.23 on Friday. Dollar General has a 12-month low of $95.11 and a 12-month high of $158.23. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. The firm has a market cap of $28.95 billion, a PE ratio of 17.07, a P/E/G ratio of 1.79 and a beta of 0.23. The company’s fifty day simple moving average is $122.54 and its 200 day simple moving average is $122.46.

Dollar General (NYSE:DGGet Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The company had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter in the prior year, the firm earned $1.86 EPS. The business’s revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, sell-side analysts forecast that Dollar General will post 7.68 earnings per share for the current fiscal year.

Institutional Trading of Dollar General

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Parkside Financial Bank & Trust grew its holdings in Dollar General by 9.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock valued at $107,000 after buying an additional 69 shares in the last quarter. BOKF NA boosted its holdings in Dollar General by 15.2% in the 4th quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after purchasing an additional 73 shares during the period. Strata Wealth Advisors LLC grew its position in shares of Dollar General by 3.3% during the 4th quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after purchasing an additional 75 shares in the last quarter. Optimize Financial Inc raised its position in shares of Dollar General by 1.4% in the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after buying an additional 76 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in Dollar General by 69.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after buying an additional 79 shares during the period. 91.77% of the stock is currently owned by institutional investors.

Dollar General Company Profile

(Get Free Report)

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.

Further Reading

Analyst Recommendations for Dollar General (NYSE:DG)

Receive News & Ratings for Dollar General Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar General and related companies with MarketBeat.com's FREE daily email newsletter.