Dollar Tree (NASDAQ:DLTR) Trading 6.8% Higher Following Analyst Upgrade

Dollar Tree, Inc. (NASDAQ:DLTR)’s share price shot up 6.8% on Friday after Evercore ISI raised their price target on the stock from $104.00 to $120.00. Evercore ISI currently has an in-line rating on the stock. Dollar Tree traded as high as $124.71 and last traded at $123.7720. 2,292,567 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 4,239,864 shares. The stock had previously closed at $115.87.

A number of other equities analysts have also weighed in on DLTR. Guggenheim increased their target price on Dollar Tree from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday. Gordon Haskett cut Dollar Tree from a “hold” rating to a “reduce” rating and set a $95.00 price objective on the stock. in a research report on Wednesday, September 3rd. Morgan Stanley lifted their target price on Dollar Tree from $96.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday, September 5th. The Goldman Sachs Group restated a “sell” rating and issued a $103.00 price target (down from $133.00) on shares of Dollar Tree in a research note on Thursday, November 13th. Finally, Wells Fargo & Company lifted their price objective on shares of Dollar Tree from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday. Eight investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $114.89.

Insider Buying and Selling at Dollar Tree

In related news, insider Robert Aflatooni sold 1,260 shares of the company’s stock in a transaction on Friday, October 17th. The stock was sold at an average price of $94.70, for a total transaction of $119,322.00. Following the completion of the sale, the insider directly owned 21,402 shares in the company, valued at $2,026,769.40. This represents a 5.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Dollar Tree

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Dollar Tree by 20.3% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 563 shares of the company’s stock valued at $53,000 after acquiring an additional 95 shares during the last quarter. Versant Capital Management Inc boosted its holdings in Dollar Tree by 3.8% in the third quarter. Versant Capital Management Inc now owns 2,867 shares of the company’s stock valued at $271,000 after acquiring an additional 106 shares during the last quarter. Deseret Mutual Benefit Administrators boosted its stake in shares of Dollar Tree by 10.7% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,122 shares of the company’s stock valued at $106,000 after purchasing an additional 108 shares during the last quarter. Vident Advisory LLC grew its holdings in Dollar Tree by 1.3% during the 3rd quarter. Vident Advisory LLC now owns 9,727 shares of the company’s stock worth $918,000 after acquiring an additional 121 shares during the period. Finally, Horizon Investments LLC raised its position in shares of Dollar Tree by 5.1% in the 1st quarter. Horizon Investments LLC now owns 2,905 shares of the company’s stock worth $218,000 after acquiring an additional 140 shares in the last quarter. Institutional investors own 97.40% of the company’s stock.

Dollar Tree Stock Performance

The company has a quick ratio of 0.27, a current ratio of 0.96 and a debt-to-equity ratio of 0.70. The company has a 50 day simple moving average of $100.00 and a 200-day simple moving average of $102.06. The stock has a market capitalization of $25.38 billion, a price-to-earnings ratio of -9.22, a price-to-earnings-growth ratio of 1.94 and a beta of 0.75.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Wednesday, December 3rd. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.12. The business had revenue of $4.75 billion during the quarter, compared to analysts’ expectations of $4.70 billion. Dollar Tree had a negative net margin of 15.40% and a positive return on equity of 30.23%. The business’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the company posted $1.12 earnings per share. Dollar Tree has set its Q4 2025 guidance at 2.400-2.600 EPS. As a group, equities research analysts expect that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

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.