Dollar Tree Inc. (NASDAQ:DLTR) – Northcoast Research boosted their Q4 2017 EPS estimates for shares of Dollar Tree in a research report issued to clients and investors on Wednesday. Northcoast Research analyst N. Mitchell now anticipates that the firm will post earnings per share of $1.31 for the quarter, up from their previous estimate of $1.27. Northcoast Research also issued estimates for Dollar Tree’s Q4 2018 earnings at $1.40 EPS and FY2018 earnings at $4.15 EPS.

DLTR has been the subject of a number of other reports. Vetr cut Dollar Tree from a “buy” rating to a “sell” rating and set a $74.00 price objective for the company. in a research note on Monday, October 3rd. Barclays PLC started coverage on Dollar Tree in a research note on Thursday, September 22nd. They set an “equal weight” rating and a $88.00 price objective for the company. KeyCorp started coverage on Dollar Tree in a research note on Wednesday, October 12th. They set an “overweight” rating and a $90.00 price objective for the company. Credit Suisse Group AG set a $69.00 price objective on Dollar Tree and gave the stock a “sell” rating in a research note on Wednesday, October 5th. Finally, Cleveland Research cut Dollar Tree from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 4th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $91.23.

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

TRADEMARK VIOLATION WARNING: “Dollar Tree Inc. (DLTR) to Post Q4 2017 Earnings of $1.31 Per Share, Northcoast Research Forecasts” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright law. The original version of this news story can be read at https://www.thecerbatgem.com/2016/11/28/dollar-tree-inc-dltr-to-post-q4-2017-earnings-of-1-31-per-share-northcoast-research-forecasts.html.

Dollar Tree (NASDAQ:DLTR) opened at 89.18 on Monday. The firm has a 50-day moving average price of $78.04 and a 200-day moving average price of $85.88. Dollar Tree has a 52 week low of $72.52 and a 52 week high of $99.93. The stock has a market cap of $21.03 billion, a P/E ratio of 29.59 and a beta of 0.57.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Tuesday, November 22nd. The company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.03. Dollar Tree had a return on equity of 17.15% and a net margin of 3.93%. The firm had revenue of $5 billion for the quarter, compared to the consensus estimate of $5.08 billion. During the same quarter in the previous year, the company posted $0.49 earnings per share. The business’s quarterly revenue was up 1.1% compared to the same quarter last year.

In other news, insider Barry W. Sullivan sold 2,449 shares of the company’s stock in a transaction that occurred on Thursday, September 1st. The stock was sold at an average price of $83.21, for a total value of $203,781.29. Following the transaction, the insider now owns 8,904 shares of the company’s stock, valued at $740,901.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lemuel E. Lewis bought 1,470 shares of the firm’s stock in a transaction dated Tuesday, August 30th. The stock was purchased at an average cost of $85.00 per share, for a total transaction of $124,950.00. Following the transaction, the director now directly owns 9,469 shares of the company’s stock, valued at approximately $804,865. The disclosure for this purchase can be found here. 4.10% of the stock is owned by insiders.

TRADEMARK VIOLATION WARNING: “Dollar Tree Inc. (DLTR) to Post Q4 2017 Earnings of $1.31 Per Share, Northcoast Research Forecasts” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright law. The original version of this news story can be read at https://www.thecerbatgem.com/2016/11/28/dollar-tree-inc-dltr-to-post-q4-2017-earnings-of-1-31-per-share-northcoast-research-forecasts.html.

Several institutional investors have recently bought and sold shares of DLTR. DAVENPORT & Co LLC increased its stake in shares of Dollar Tree by 2.8% in the second quarter. DAVENPORT & Co LLC now owns 656,497 shares of the company’s stock worth $61,868,000 after buying an additional 17,909 shares in the last quarter. Gateway Investment Advisers LLC increased its stake in shares of Dollar Tree by 1.4% in the second quarter. Gateway Investment Advisers LLC now owns 43,120 shares of the company’s stock worth $4,064,000 after buying an additional 589 shares in the last quarter. Forte Capital LLC ADV increased its stake in shares of Dollar Tree by 2.7% in the second quarter. Forte Capital LLC ADV now owns 26,123 shares of the company’s stock worth $2,462,000 after buying an additional 690 shares in the last quarter. Gulf International Bank UK Ltd increased its stake in shares of Dollar Tree by 0.3% in the second quarter. Gulf International Bank UK Ltd now owns 68,117 shares of the company’s stock worth $6,419,000 after buying an additional 200 shares in the last quarter. Finally, Chevy Chase Trust Holdings Inc. increased its stake in shares of Dollar Tree by 1.5% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 201,669 shares of the company’s stock worth $19,005,000 after buying an additional 2,917 shares in the last quarter. 94.35% of the stock is currently owned by institutional investors.

About Dollar Tree

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

Receive News & Stock Ratings for Dollar Tree Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree Inc. and related stocks with our FREE daily email newsletter.