Dollar Tree (NASDAQ:DLTR) Stock Rating Upgraded by Wall Street Zen

Dollar Tree (NASDAQ:DLTR) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

A number of other analysts have also issued reports on DLTR. Bank of America increased their price objective on Dollar Tree from $85.00 to $89.00 and gave the stock an “underperform” rating in a research note on Monday, March 16th. BTIG Research reaffirmed a “neutral” rating on shares of Dollar Tree in a research report on Monday, March 9th. Morgan Stanley lowered their target price on Dollar Tree from $146.00 to $126.00 and set an “equal weight” rating for the company in a report on Tuesday, March 17th. Guggenheim reissued a “buy” rating and set a $130.00 price target on shares of Dollar Tree in a research report on Tuesday, March 17th. Finally, Truist Financial decreased their price objective on Dollar Tree from $156.00 to $142.00 and set a “buy” rating for the company in a report on Monday, March 16th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $123.24.

Dollar Tree Trading Up 0.3%

DLTR stock opened at $105.92 on Friday. Dollar Tree has a 12 month low of $61.87 and a 12 month high of $142.40. The firm’s 50-day moving average is $123.67 and its 200 day moving average is $112.81. The company has a market capitalization of $20.90 billion, a PE ratio of 16.95, a P/E/G ratio of 1.33 and a beta of 0.73. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.07 and a quick ratio of 0.29.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Monday, March 16th. The company reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.03. The company had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.46 billion. Dollar Tree had a net margin of 6.61% and a return on equity of 32.24%. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.11 EPS. On average, research analysts anticipate that Dollar Tree will post 5.39 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. USA Financial Formulas purchased a new position in Dollar Tree in the third quarter worth $770,000. Sumitomo Mitsui Trust Group Inc. grew its stake in Dollar Tree by 4.0% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 541,021 shares of the company’s stock worth $51,056,000 after buying an additional 20,786 shares during the last quarter. Orion Porfolio Solutions LLC raised its stake in Dollar Tree by 28.2% in the second quarter. Orion Porfolio Solutions LLC now owns 47,735 shares of the company’s stock valued at $4,728,000 after buying an additional 10,497 shares during the last quarter. Federated Hermes Inc. boosted its holdings in Dollar Tree by 2.2% in the third quarter. Federated Hermes Inc. now owns 751,744 shares of the company’s stock worth $70,942,000 after acquiring an additional 15,829 shares in the last quarter. Finally, Pacer Advisors Inc. grew its stake in shares of Dollar Tree by 11.9% during the third quarter. Pacer Advisors Inc. now owns 1,346,247 shares of the company’s stock worth $127,045,000 after acquiring an additional 143,295 shares during the last quarter. 97.40% of the stock is owned by institutional investors.

More Dollar Tree News

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

• Positive Sentiment: Strong fundamentals: analysts and commentary point to revenue gains from pricing and a shifting customer mix after the quarter, supporting near-term sales momentum. Dollar Tree’s Pricing Adjustments Are Generating Revenue Growth
• Positive Sentiment: Buy-side support: Guggenheim reaffirmed a Buy rating and Telsey Advisory gave an Outperform — these help underpin demand for the shares. Guggenheim Reaffirms “Buy” Rating for Dollar Tree (NASDAQ:DLTR) Dollar Tree (NASDAQ:DLTR) Earns “Outperform” Rating from Telsey Advisory Group
• Positive Sentiment: Conviction from select brokers: Jefferies forecasted strong upside, and Wells Fargo maintained a Buy — both can support further upside if results and execution continue. Jefferies Financial Group Forecasts Strong Price Appreciation for Dollar Tree (NASDAQ:DLTR) Stock Wells Fargo Sticks to Its Buy Rating for Dollar Tree (DLTR)
• Positive Sentiment: Positive commentary & investor guides highlight Dollar Tree as a buy candidate after the quarter and favorable pricing trends. Why You Might Consider an Investment in Dollar Tree Today
• Neutral Sentiment: Management messaging: CEO comments aimed to reassure customers on pricing — supportive for consumer confidence but not a near-term earnings catalyst by itself. Dollar Tree CEO shares reassuring update on prices
• Neutral Sentiment: Mixed industry analysis and weekly market context suggest broader retail volatility (inflation/Fed/risk environment) could affect sentiment toward discount retailers. How the Risk/Reward Calculation Is Changing for Discount Retail (DLTR) MarketBeat Week in Review – 03/16 – 03/20
• Neutral Sentiment: Short-interest report is noisy/ambiguous (data shows zero change and 0 days to cover) — not signaling a clear market pressure or squeeze risk today.
• Negative Sentiment: Relative weakness: a MarketWatch note flagged DLTR underperforming peers on Thursday, which can pressure sentiment if it persists. Dollar Tree Inc. stock underperforms Thursday when compared to competitors
• Negative Sentiment: Bearish broker notes: Citigroup and Morgan Stanley put out pessimistic forecasts — these can cap upside and increase volatility if other brokers follow suit. Citigroup Issues Pessimistic Forecast for Dollar Tree (NASDAQ:DLTR) Stock Price Morgan Stanley Issues Pessimistic Forecast for Dollar Tree (NASDAQ:DLTR) Stock Price

About Dollar Tree

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.