Dollar General (NYSE:DG) Stock Rating Upgraded by Gordon Haskett

Dollar General (NYSE:DG) was upgraded by analysts at Gordon Haskett from a “hold” rating to a “buy” rating in a report issued on Tuesday, MarketBeat.com reports. The firm presently has a $140.00 price objective on the stock. Gordon Haskett’s price objective would suggest a potential upside of 14.65% from the stock’s current price.

A number of other equities analysts have also recently commented on DG. Piper Sandler lifted their target price on shares of Dollar General from $118.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Weiss Ratings upgraded shares of Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 10th. Wall Street Zen raised shares of Dollar General from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Citigroup lifted their price objective on shares of Dollar General from $116.00 to $133.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Finally, HSBC raised shares of Dollar General from a “hold” rating to a “buy” rating and upped their target price for the company from $125.00 to $160.00 in a report on Thursday, September 24th. Twelve equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $137.96.

Dollar General Stock Down 0.9%

Shares of NYSE DG opened at $122.12 on Tuesday. The stock has a market cap of $26.94 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 1.68 and a beta of 0.23. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. Dollar General has a 52-week low of $95.11 and a 52-week high of $158.23. The business has a 50-day moving average price of $124.36 and a 200 day moving average price of $118.76.

Dollar General (NYSE:DG) last released its quarterly earnings results 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 return on equity of 18.93% and a net margin of 3.90%.The firm had revenue of $11.29 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter last year, the business posted $1.86 EPS. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Equities research analysts forecast that Dollar General will post 7.69 earnings per share for the current year.

Hedge Funds Weigh In On Dollar General

A number of large investors have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Dollar General by 6.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock valued at $340,546,000 after acquiring an additional 167,546 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Dollar General by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock worth $332,443,000 after acquiring an additional 75,323 shares during the period. Royal Bank of Canada raised its holdings in Dollar General by 0.8% during the first quarter. Royal Bank of Canada now owns 2,723,506 shares of the company’s stock worth $323,362,000 after purchasing an additional 20,366 shares in the last quarter. SG Americas Securities LLC raised its holdings in Dollar General by 2,208.2% during the first quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock worth $184,615,000 after purchasing an additional 1,487,554 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Dollar General in the second quarter valued at about $162,412,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Company Profile

Dollar General Corporation (NYSE: DG) operates a chain of discount retail stores focused on providing everyday goods at affordable prices. Its merchandise includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, home products, basic apparel, and select health and beauty products. Many stores also offer tobacco products, prepaid wireless services, and other convenience-oriented items.

The company primarily serves rural and suburban communities in the United States through a network of small-format stores located across most U.S.