Dollar Tree (NASDAQ:DLTR) Updates FY25 Earnings Guidance

Dollar Tree (NASDAQ:DLTR) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $5.20-5.60 for the period, compared to the consensus EPS estimate of $6.56. The company issued revenue guidance of $30.6-30.9 billion, compared to the consensus revenue estimate of $31.17 billion. Dollar Tree also updated its FY 2024 guidance to 5.200-5.600 EPS.

Wall Street Analyst Weigh In

A number of research firms have weighed in on DLTR. Telsey Advisory Group reduced their target price on Dollar Tree from $155.00 to $120.00 and set an outperform rating on the stock in a research note on Friday, August 30th. Evercore ISI raised their price target on shares of Dollar Tree from $136.00 to $137.00 and gave the stock an in-line rating in a research note on Thursday, June 20th. JPMorgan Chase & Co. upped their target price on shares of Dollar Tree from $135.00 to $148.00 and gave the stock an overweight rating in a research note on Thursday, July 18th. Citigroup lowered shares of Dollar Tree from a buy rating to a neutral rating and reduced their target price for the stock from $163.00 to $120.00 in a research report on Thursday, June 6th. Finally, Truist Financial lowered their price target on Dollar Tree from $147.00 to $140.00 and set a buy rating for the company in a report on Thursday, June 6th. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of Moderate Buy and a consensus price target of $137.56.

Dollar Tree Stock Down 3.4 %

Shares of Dollar Tree stock opened at $81.65 on Wednesday. Dollar Tree has a 52-week low of $81.55 and a 52-week high of $151.21. The firm’s 50 day moving average price is $100.19 and its 200-day moving average price is $116.39. The company has a quick ratio of 0.23, a current ratio of 1.28 and a debt-to-equity ratio of 0.47. The company has a market cap of $17.55 billion, a P/E ratio of -17.79, a PEG ratio of 0.93 and a beta of 0.88.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings data on Wednesday, September 4th. The company reported $0.67 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.38). Dollar Tree had a negative net margin of 3.23% and a positive return on equity of 15.67%. The business had revenue of $7.37 billion for the quarter, compared to analysts’ expectations of $7.49 billion. During the same quarter in the prior year, the company posted $0.91 EPS. The business’s revenue for the quarter was up .7% on a year-over-year basis. On average, sell-side analysts predict that Dollar Tree will post 6.46 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Robert Aflatooni sold 827 shares of Dollar Tree stock in a transaction on Tuesday, June 25th. The shares were sold at an average price of $105.58, for a total transaction of $87,314.66. Following the completion of the sale, the insider now directly owns 9,725 shares in the company, valued at $1,026,765.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 6.80% of the company’s stock.

About Dollar Tree

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.