Investment Analysts’ Recent Ratings Changes for Dollar General (DG)

Several analysts have recently updated their ratings and price targets for Dollar General (NYSE: DG):

  • 3/16/2018 – Dollar General was given a new $121.00 price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 3/15/2018 – Dollar General had its price target raised by analysts at Loop Capital from $87.00 to $97.00. They now have a “hold” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 3/14/2018 – Dollar General had its price target lowered by analysts at Royal Bank of Canada to $101.00. They now have an “outperform” rating on the stock.
  • 3/1/2018 – Dollar General was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 2/27/2018 – Dollar General had its “outperform” rating reaffirmed by analysts at Wells Fargo. They now have a $113.00 price target on the stock, down previously from $117.00.
  • 2/22/2018 – Dollar General had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $103.00 price target on the stock, up previously from $94.00.
  • 2/8/2018 – Dollar General had its “hold” rating reaffirmed by analysts at Argus. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 2/8/2018 – Dollar General was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/6/2018 – Dollar General was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $110.00 price target on the stock. According to Zacks, “Dollar General’s commitment toward better price management, merchandise initiatives and cost containment has helped the stock to outpace the industry in a year. Strategic endeavors have helped it to deliver better-than-expected numbers for the fourth straight quarter, as it posted third-quarter fiscal 2017 results. Upbeat performance aided management to raise 2017 sales outlook. Increase in sales was driven by robust performance of consumables, seasonal and apparel categories. Moreover, rise in average transaction amount as well traffic has been driving comparable sales higher. Despite robust performance, investors’ remained concerned over cut in SNAP benefit. Trump’s suggestion of reducing food stamps program by $193 billion will have a detrimental effect. On the other hand, estimates have been going up ahead of the company’s fourth-quarter earnings release.”
  • 1/25/2018 – Dollar General was upgraded by analysts at Telsey Advisory Group from a “market perform” rating to an “outperform” rating. They now have a $120.00 price target on the stock, up previously from $98.00.
  • 1/23/2018 – Dollar General was upgraded by analysts at Wells Fargo from a “market perform” rating to an “outperform” rating. They now have a $117.00 price target on the stock, up previously from $102.27.

Shares of Dollar General stock traded down $1.50 on Monday, hitting $93.93. The stock had a trading volume of 1,415,746 shares, compared to its average volume of 2,769,445. The firm has a market cap of $25,915.31, a P/E ratio of 16.60, a P/E/G ratio of 1.37 and a beta of 1.05. The company has a quick ratio of 0.22, a current ratio of 1.43 and a debt-to-equity ratio of 0.43. Dollar General Corp. has a fifty-two week low of $65.97 and a fifty-two week high of $105.82.

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Dollar General (NYSE:DG) last announced its earnings results on Thursday, March 15th. The company reported $1.48 EPS for the quarter, hitting the consensus estimate of $1.48. The business had revenue of $6.13 billion for the quarter, compared to the consensus estimate of $6.20 billion. Dollar General had a return on equity of 21.65% and a net margin of 6.55%. Dollar General’s revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.49 EPS. sell-side analysts anticipate that Dollar General Corp. will post 6.05 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 24th. Stockholders of record on Tuesday, April 10th will be issued a $0.29 dividend. This is an increase from Dollar General’s previous quarterly dividend of $0.26. This represents a $1.16 annualized dividend and a dividend yield of 1.23%. Dollar General’s payout ratio is presently 18.37%.

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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