Dollar Tree (DLTR) Expected to Announce Earnings on Wednesday

Dollar Tree (NASDAQ:DLTR) is expected to post its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Dollar Tree to post earnings of $2.18 per share and revenue of $8.23 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Dollar Tree Price Performance

Shares of Dollar Tree stock opened at $66.75 on Monday. Dollar Tree has a twelve month low of $60.49 and a twelve month high of $137.14. The company has a quick ratio of 0.17, a current ratio of 1.03 and a debt-to-equity ratio of 0.32. The company has a 50-day simple moving average of $71.15 and a two-hundred day simple moving average of $70.12. The stock has a market capitalization of $14.35 billion, a price-to-earnings ratio of -13.99, a price-to-earnings-growth ratio of 2.16 and a beta of 0.91.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Citigroup boosted their target price on shares of Dollar Tree from $64.00 to $76.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. StockNews.com upgraded shares of Dollar Tree from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th. Evercore ISI dropped their target price on shares of Dollar Tree from $94.00 to $92.00 and set an “in-line” rating for the company in a research report on Tuesday, December 3rd. Guggenheim dropped their target price on shares of Dollar Tree from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Friday, December 6th. Finally, Loop Capital upped their price objective on shares of Dollar Tree from $65.00 to $75.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Sixteen equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Dollar Tree has an average rating of “Hold” and a consensus price target of $84.26.

Dollar Tree Company Profile

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.