Dollar General (NYSE:DG) Cut to Strong Sell at Rothschild & Co Redburn

Dollar General (NYSE:DG) was downgraded by equities research analysts at Rothschild & Co Redburn from a “hold” rating to a “strong sell” rating in a report issued on Tuesday,Zacks.com reports.

A number of other research analysts have also issued reports on the company. Oppenheimer boosted their target price on Dollar General from $138.00 to $145.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Barclays lifted their price objective 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. Piper Sandler upped their price objective on shares of Dollar General from $117.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. The Goldman Sachs Group raised shares of Dollar General from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Finally, Evercore increased their price target on shares of Dollar General from $143.00 to $145.00 and gave the stock an “in-line” rating in a report on Tuesday, February 3rd. Fourteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Dollar General presently has a consensus rating of “Hold” and an average price target of $144.44.

Dollar General Trading Down 2.7%

NYSE DG opened at $149.70 on Tuesday. The firm’s fifty day moving average is $142.61 and its two-hundred day moving average is $119.29. Dollar General has a one year low of $70.01 and a one year high of $155.00. 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 firm has a market cap of $32.95 billion, a PE ratio of 25.85, a P/E/G ratio of 2.56 and a beta of 0.25.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.33. The firm had revenue of $10.65 billion for the quarter, compared to analyst estimates of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The business’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company posted $0.89 earnings per share. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Analysts expect that Dollar General will post 5.75 earnings per share for the current year.

Insider Activity at Dollar General

In related news, EVP Tracey N. Herrmann sold 4,850 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $131.39, for a total value of $637,241.50. Following the completion of the transaction, the executive vice president directly owned 26,098 shares of the company’s stock, valued at $3,429,016.22. This trade represents a 15.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Anita C. Elliott sold 2,516 shares of Dollar General stock in a transaction on Friday, December 12th. The stock was sold at an average price of $132.52, for a total value of $333,420.32. Following the transaction, the chief accounting officer directly owned 29,344 shares of the company’s stock, valued at approximately $3,888,666.88. This represents a 7.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 58,673 shares of company stock worth $7,713,389. 0.56% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Dollar General

Several institutional investors and hedge funds have recently made changes to their positions in the business. Parkside Financial Bank & Trust increased its holdings in Dollar General by 9.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock valued at $107,000 after acquiring an additional 69 shares in the last quarter. BOKF NA lifted its holdings in shares of Dollar General by 15.2% in the fourth quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after purchasing an additional 73 shares in the last quarter. Strata Wealth Advisors LLC grew its position in shares of Dollar General by 3.3% in the fourth quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after purchasing an additional 75 shares during the last quarter. Optimize Financial Inc increased its stake in shares of Dollar General by 1.4% during the 4th quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after purchasing an additional 76 shares in the last quarter. Finally, Tevis Investment Management increased its stake in shares of Dollar General by 0.5% during the 3rd quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock worth $1,721,000 after purchasing an additional 77 shares in the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

About Dollar General

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.