Dollar Tree (NASDAQ:DLTR) Upgraded by Gordon Haskett to “Hold” Rating

Dollar Tree (NASDAQ:DLTR) was upgraded by research analysts at Gordon Haskett from a “reduce” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The brokerage currently has a $115.00 target price on the stock. Gordon Haskett’s target price suggests a potential upside of 2.24% from the company’s current price.

A number of other equities research analysts have also recently issued reports on DLTR. Citigroup decreased their price objective on shares of Dollar Tree from $132.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, March 17th. BMO Capital Markets reissued an “underperform” rating on shares of Dollar Tree in a research report on Tuesday, March 17th. Jefferies Financial Group reaffirmed an “underperform” rating and set a $85.00 price objective on shares of Dollar Tree in a report on Friday, May 29th. The Goldman Sachs Group dropped their target price on shares of Dollar Tree from $115.00 to $105.00 and set a “sell” rating on the stock in a report on Friday, May 29th. Finally, Sanford C. Bernstein boosted their target price on shares of Dollar Tree from $115.00 to $124.00 and gave the stock a “market perform” rating in a research report on Friday, May 29th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $120.62.

Dollar Tree Price Performance

Shares of NASDAQ:DLTR opened at $112.48 on Thursday. The business has a fifty day simple moving average of $101.00 and a 200 day simple moving average of $114.20. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. Dollar Tree has a 1 year low of $84.71 and a 1 year high of $142.40. The firm has a market cap of $21.62 billion, a price-to-earnings ratio of 17.57, a P/E/G ratio of 1.34 and a beta of 0.66.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same period last year, the business earned $1.26 EPS. The business’s quarterly revenue was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, sell-side analysts predict that Dollar Tree will post 6.93 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DLTR. EdgePoint Investment Group Inc. boosted its stake in Dollar Tree by 2.9% in the 3rd quarter. EdgePoint Investment Group Inc. now owns 11,138,183 shares of the company’s stock valued at $1,051,110,000 after buying an additional 312,382 shares in the last quarter. State Street Corp boosted its stake in shares of Dollar Tree by 3.5% in the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company’s stock valued at $889,141,000 after purchasing an additional 319,938 shares in the last quarter. Primecap Management Co. CA boosted its stake in shares of Dollar Tree by 6.8% in the 3rd quarter. Primecap Management Co. CA now owns 4,194,049 shares of the company’s stock valued at $395,792,000 after purchasing an additional 268,539 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of Dollar Tree by 4.8% in the 3rd quarter. Alliancebernstein L.P. now owns 3,926,586 shares of the company’s stock worth $370,552,000 after purchasing an additional 180,364 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Dollar Tree by 1.5% in the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock worth $334,501,000 after purchasing an additional 39,506 shares during the last quarter. Institutional investors own 97.40% of the company’s stock.

Dollar Tree Company Profile

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.