Dollar General (NYSE:DG) Earns Hold Rating from KeyCorp

KeyCorp reaffirmed their hold rating on shares of Dollar General (NYSE:DG) in a research report released on Friday, November 10th.

Other equities analysts have also issued research reports about the stock. Jefferies Group boosted their price target on shares of Dollar General from $68.00 to $73.00 and gave the company a hold rating in a report on Friday, September 1st. Bank of America reissued a buy rating and issued a $90.00 price target on shares of Dollar General in a report on Friday, August 25th. BMO Capital Markets set a $85.00 price target on shares of Dollar General and gave the company a hold rating in a report on Tuesday, August 22nd. Citigroup boosted their price target on shares of Dollar General from $87.00 to $90.00 and gave the company a buy rating in a report on Wednesday, September 13th. Finally, Wells Fargo & Company assumed coverage on shares of Dollar General in a report on Friday, November 3rd. They issued an underperform rating and a $72.00 price target for the company. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Dollar General currently has an average rating of Hold and an average target price of $81.54.

Dollar General (NYSE DG) traded up $0.95 during mid-day trading on Friday, reaching $88.68. 4,224,800 shares of the company traded hands, compared to its average volume of 2,834,339. The company has a quick ratio of 0.18, a current ratio of 1.42 and a debt-to-equity ratio of 0.47. Dollar General has a 1 year low of $65.97 and a 1 year high of $89.15. The company has a market cap of $23,576.79, a PE ratio of 19.13, a PEG ratio of 1.70 and a beta of 0.93.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, August 31st. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.01. Dollar General had a net margin of 5.38% and a return on equity of 22.67%. The firm had revenue of $5.83 billion during the quarter, compared to analysts’ expectations of $5.80 billion. During the same quarter in the previous year, the company posted $1.08 EPS. Dollar General’s revenue was up 8.1% on a year-over-year basis. equities research analysts anticipate that Dollar General will post 4.5 earnings per share for the current year.

In other news, EVP Robert D. Ravener sold 11,257 shares of the company’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $77.00, for a total value of $866,789.00. Following the sale, the executive vice president now directly owns 22,598 shares of the company’s stock, valued at approximately $1,740,046. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.32% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in DG. Sun Life Financial INC grew its stake in Dollar General by 18,170.0% in the 2nd quarter. Sun Life Financial INC now owns 1,827 shares of the company’s stock valued at $132,000 after buying an additional 1,817 shares during the last quarter. Alpha Windward LLC grew its stake in Dollar General by 3.0% in the 2nd quarter. Alpha Windward LLC now owns 1,900 shares of the company’s stock valued at $137,000 after buying an additional 56 shares during the last quarter. Huntington National Bank grew its stake in Dollar General by 4.0% in the 2nd quarter. Huntington National Bank now owns 1,965 shares of the company’s stock valued at $142,000 after buying an additional 75 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Dollar General by 2.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company’s stock valued at $146,000 after buying an additional 48 shares during the last quarter. Finally, Harbour Capital Advisors LLC grew its stake in Dollar General by 7,109.3% in the 2nd quarter. Harbour Capital Advisors LLC now owns 10,814 shares of the company’s stock valued at $150,000 after buying an additional 10,664 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

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About Dollar General

Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

Analyst Recommendations for Dollar General (NYSE:DG)

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