Dollar Tree Inc. (NASDAQ:DLTR) – Investment analysts at Northcoast Research upped their Q1 2018 EPS estimates for Dollar Tree in a research report issued to clients and investors on Wednesday. Northcoast Research analyst N. Mitchell now anticipates that the firm will earn $1.06 per share for the quarter, up from their previous estimate of $1.02. Northcoast Research also issued estimates for Dollar Tree’s Q2 2018 earnings at $0.89 EPS and Q3 2018 earnings at $0.81 EPS.

Several other research analysts also recently issued reports on the company. Jefferies Group restated a “hold” rating on shares of Dollar Tree in a research report on Monday, September 12th. Deutsche Bank AG upgraded Dollar Tree from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $82.00 to $110.00 in a research report on Monday, August 1st. Goldman Sachs Group Inc. restated a “buy” rating and set a $101.00 price objective on shares of Dollar Tree in a research report on Tuesday, September 6th. Atlantic Securities downgraded Dollar Tree from a “neutral” rating to an “underweight” rating and cut their price objective for the stock from $87.00 to $68.00 in a research report on Tuesday, September 27th. Finally, Vetr downgraded Dollar Tree from a “buy” rating to a “sell” rating and set a $74.00 price objective for the company. in a research report on Monday, October 3rd. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $91.23.

Earnings History and Estimates for Dollar Tree (NASDAQ:DLTR)

Dollar Tree (NASDAQ:DLTR) remained flat at $88.86 on Thursday. The company’s stock had a trading volume of 4,022,467 shares. The firm has a market cap of $20.95 billion, a price-to-earnings ratio of 29.48 and a beta of 0.57. Dollar Tree has a 52-week low of $72.52 and a 52-week high of $99.93. The firm has a 50 day moving average price of $77.65 and a 200-day moving average price of $85.83.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Tuesday, November 22nd. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.78 by $0.03. Dollar Tree had a return on equity of 17.52% and a net margin of 3.93%. The business earned $5 billion during the quarter, compared to analyst estimates of $5.08 billion. During the same period last year, the business posted $0.49 earnings per share. The company’s quarterly revenue was up 1.1% on a year-over-year basis.

In other news, Director Lemuel E. Lewis bought 1,560 shares of the firm’s stock in a transaction on Tuesday, September 13th. The stock was purchased at an average price of $80.00 per share, for a total transaction of $124,800.00. Following the transaction, the director now owns 11,029 shares in the company, valued at $882,320. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Conrad M. Hall bought 5,000 shares of the firm’s stock in a transaction on Monday, August 29th. The stock was purchased at an average price of $85.60 per share, with a total value of $428,000.00. Following the transaction, the director now owns 799 shares in the company, valued at approximately $68,394.40. The disclosure for this purchase can be found here. 4.10% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its position in Dollar Tree by 7.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 649,796 shares of the company’s stock valued at $51,288,000 after buying an additional 46,520 shares during the period. Sawtooth Solutions LLC boosted its position in Dollar Tree by 4.6% in the third quarter. Sawtooth Solutions LLC now owns 4,557 shares of the company’s stock valued at $360,000 after buying an additional 201 shares during the period. Peloton Wealth Strategists purchased a new position in Dollar Tree during the third quarter valued at approximately $1,223,000. Grandeur Peak Global Advisors LLC purchased a new position in Dollar Tree during the third quarter valued at approximately $395,000. Finally, Credit Suisse AG boosted its position in Dollar Tree by 13.6% in the third quarter. Credit Suisse AG now owns 528,559 shares of the company’s stock valued at $41,718,000 after buying an additional 63,229 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.

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Dollar Tree Company Profile

Dollar Tree, Inc is an operator of discount variety stores. The Company operates approximately 13,851 discount variety retail stores. The Company’s segments include Dollar Tree and Family Dollar. The Dollar Tree segment operates discount variety stores offering merchandise at a fixed price. The Family Dollar segment operates a chain of general merchandise retail discount stores providing consumers with a selection of merchandise in neighborhood stores.

5 Day Chart for NASDAQ:DLTR

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