Dollar General (DG) to Release Quarterly Earnings on Thursday

Dollar General (NYSE:DG) is expected to be posting its quarterly earnings results before the market opens on Thursday, March 13th. Analysts expect Dollar General to post earnings of $1.50 per share and revenue of $10.26 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Dollar General Stock Performance

Shares of Dollar General stock opened at $78.71 on Wednesday. Dollar General has a one year low of $66.43 and a one year high of $168.07. The company has a market cap of $17.31 billion, a PE ratio of 12.97, a P/E/G ratio of 2.18 and a beta of 0.44. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. The business has a 50-day simple moving average of $73.54 and a 200-day simple moving average of $78.72.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Barclays lowered their price objective on Dollar General from $102.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, January 9th. Citigroup lowered their price target on Dollar General from $73.00 to $69.00 and set a “sell” rating for the company in a report on Friday, March 7th. Bank of America raised Dollar General from an “underperform” rating to a “buy” rating and set a $95.00 price target for the company in a report on Friday, December 6th. Wells Fargo & Company lowered their price target on Dollar General from $90.00 to $80.00 and set an “equal weight” rating for the company in a report on Thursday, December 5th. Finally, Jefferies Financial Group lowered their price target on Dollar General from $110.00 to $90.00 and set a “buy” rating for the company in a report on Friday, November 15th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Dollar General currently has an average rating of “Hold” and a consensus price target of $95.09.

Insider Transactions at Dollar General

In other news, Director Michael M. Calbert sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total transaction of $451,620.00. Following the completion of the sale, the director now owns 120,322 shares in the company, valued at $9,056,636.94. This represents a 4.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Emily C. Taylor sold 4,740 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $77.44, for a total value of $367,065.60. Following the sale, the executive vice president now owns 15,575 shares of the company’s stock, valued at $1,206,128. This trade represents a 23.33 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.49% of the company’s stock.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.