Dollar General (NYSE:DG) received a $102.00 price objective from analysts at BMO Capital Markets in a report issued on Friday, December 8th. The firm presently has a “hold” rating on the stock. BMO Capital Markets’ price objective indicates a potential upside of 8.44% from the stock’s current price.
Other analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. Piper Jaffray Companies reaffirmed a “buy” rating and set a $85.00 price target on shares of Dollar General in a research report on Friday, September 29th. Wells Fargo & Co assumed coverage on shares of Dollar General in a research report on Friday, November 3rd. They set an “underperform” rating and a $72.00 price target on the stock. Loop Capital reaffirmed a “hold” rating and set a $76.00 price target on shares of Dollar General in a research report on Thursday, August 24th. Finally, Moffett Nathanson assumed coverage on shares of Dollar General in a research report on Monday, December 4th. They set a “neutral” rating on the stock. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and fourteen have given a buy rating to the stock. Dollar General has an average rating of “Hold” and an average price target of $85.54.
Dollar General (NYSE:DG) traded up $1.07 on Friday, reaching $94.06. 1,990,000 shares of the company’s stock were exchanged, compared to its average volume of 2,840,000. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.41 and a quick ratio of 0.19. Dollar General has a twelve month low of $65.97 and a twelve month high of $96.60. The stock has a market cap of $25,540.00, a price-to-earnings ratio of 20.86, a price-to-earnings-growth ratio of 1.83 and a beta of 0.96.
Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, December 7th. The company reported $0.93 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.01). The firm had revenue of $5.90 billion for the quarter, compared to analysts’ expectations of $5.80 billion. Dollar General had a net margin of 5.31% and a return on equity of 22.58%. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 EPS. sell-side analysts forecast that Dollar General will post 4.48 EPS for the current year.
In other Dollar General news, EVP Robert D. Ravener sold 11,368 shares of the business’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $92.81, for a total value of $1,055,064.08. Following the completion of the transaction, the executive vice president now owns 22,598 shares in the company, valued at $2,097,320.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Anita C. Elliott sold 2,012 shares of the business’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $92.82, for a total transaction of $186,753.84. Following the completion of the transaction, the senior vice president now owns 14,969 shares of the company’s stock, valued at approximately $1,389,422.58. The disclosure for this sale can be found here. Insiders sold a total of 20,916 shares of company stock valued at $1,924,881 in the last quarter. 0.32% of the stock is owned by insiders.
Several large investors have recently bought and sold shares of the business. Veritable L.P. grew its stake in shares of Dollar General by 0.7% in the second quarter. Veritable L.P. now owns 4,803 shares of the company’s stock worth $346,000 after acquiring an additional 35 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Dollar General by 2.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company’s stock worth $146,000 after acquiring an additional 48 shares in the last quarter. Homrich & Berg grew its stake in shares of Dollar General by 2.2% during the second quarter. Homrich & Berg now owns 4,379 shares of the company’s stock worth $316,000 after purchasing an additional 93 shares in the last quarter. Rothschild Asset Management Inc. grew its stake in shares of Dollar General by 1.2% during the second quarter. Rothschild Asset Management Inc. now owns 9,483 shares of the company’s stock worth $684,000 after purchasing an additional 111 shares in the last quarter. Finally, Condor Capital Management grew its stake in shares of Dollar General by 0.9% during the second quarter. Condor Capital Management now owns 14,292 shares of the company’s stock worth $1,030,000 after purchasing an additional 126 shares in the last quarter. Institutional investors and hedge funds own 90.21% of the company’s stock.
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Dollar General Company Profile
Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.
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