Evercore Cuts Dollar General (NYSE:DG) Price Target to $144.00

Dollar General (NYSE:DGGet Free Report) had its price target cut by equities researchers at Evercore from $145.00 to $144.00 in a research note issued to investors on Tuesday,MarketScreener reports. Evercore’s target price points to a potential downside of 4.10% from the stock’s current price.

A number of other analysts have also commented on the company. Wolfe Research lifted their price target on Dollar General from $141.00 to $159.00 and gave the stock an “outperform” rating in a report on Monday, December 22nd. Raymond James Financial reaffirmed an “outperform” rating and set a $135.00 target price on shares of Dollar General in a research report on Friday, December 5th. Citigroup boosted their price target on shares of Dollar General from $112.00 to $138.00 and gave the stock a “neutral” rating in a report on Monday, December 8th. Barclays increased their price target on shares of Dollar General from $127.00 to $151.00 and gave the company an “overweight” rating in a research report on Thursday, January 8th. Finally, Argus lifted their price objective on shares of Dollar General from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Fourteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $145.81.

Get Our Latest Stock Report on DG

Dollar General Stock Down 1.6%

DG traded down $2.47 during mid-day trading on Tuesday, reaching $150.16. 227,219 shares of the stock were exchanged, compared to its average volume of 2,958,109. Dollar General has a 1 year low of $70.01 and a 1 year high of $158.23. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. The stock has a market capitalization of $33.05 billion, a PE ratio of 25.97, a price-to-earnings-growth ratio of 2.58 and a beta of 0.23. The company has a 50 day moving average price of $146.05 and a two-hundred day moving average price of $121.76.

Dollar General (NYSE:DGGet Free Report) last released its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.33. The business had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $10.60 billion. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.89 earnings per share. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, research analysts anticipate that Dollar General will post 5.75 EPS for the current year.

Insider Transactions at Dollar General

In related news, EVP Rhonda Taylor sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $134.89, for a total value of $1,011,675.00. Following the completion of the sale, the executive vice president owned 73,492 shares in the company, valued at $9,913,335.88. The trade was a 9.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Bryan D. Wheeler sold 9,776 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the completion of the sale, the executive vice president owned 22,295 shares of the company’s stock, valued at approximately $3,016,959.40. The trade was a 30.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 58,673 shares of company stock worth $7,713,389. Company insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DG. Bryn Mawr Trust Advisors LLC bought a new stake in shares of Dollar General during the 3rd quarter valued at $8,803,000. Arista Wealth Management LLC bought a new position in shares of Dollar General in the 3rd quarter worth about $351,000. Allianz Asset Management GmbH lifted its position in Dollar General by 16.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 805,645 shares of the company’s stock valued at $83,263,000 after acquiring an additional 112,862 shares during the period. Vanguard Group Inc. boosted its stake in Dollar General by 1.5% during the second quarter. Vanguard Group Inc. now owns 26,817,649 shares of the company’s stock worth $3,067,403,000 after acquiring an additional 384,447 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in Dollar General by 483.1% in the second quarter. Empowered Funds LLC now owns 30,630 shares of the company’s stock worth $3,503,000 after purchasing an additional 25,377 shares during the period. 91.77% of the stock is owned by institutional investors.

Trending Headlines about Dollar General

Here are the key news stories impacting Dollar General this week:

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.

Recommended Stories

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.