Dollar General (NYSE:DG)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Buckingham Research in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. They currently have a $98.00 price objective on the stock, up from their previous price objective of $93.00. Buckingham Research’s target price suggests a potential downside of 1.11% from the company’s previous close.

Several other brokerages have also weighed in on DG. BMO Capital Markets reissued a “hold” rating on shares of Dollar General in a report on Wednesday, September 27th. UBS Group reissued a “buy” rating and set a $99.00 price objective (up previously from $85.00) on shares of Dollar General in a report on Monday, December 4th. Moffett Nathanson initiated coverage on Dollar General in a report on Monday, December 4th. They set a “neutral” rating on the stock. Deutsche Bank lifted their price objective on Dollar General to $97.00 and gave the stock a “buy” rating in a report on Thursday, December 7th. Finally, Wolfe Research raised Dollar General from an “underperform” rating to an “outperform” rating in a report on Wednesday, December 20th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Dollar General has a consensus rating of “Hold” and an average target price of $86.54.

Dollar General (DG) traded up $0.91 on Thursday, reaching $99.10. The company’s stock had a trading volume of 2,315,300 shares, compared to its average volume of 2,720,000. The firm has a market cap of $26,910.00, a price-to-earnings ratio of 21.97, a P/E/G ratio of 1.95 and a beta of 0.95. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.41 and a quick ratio of 0.19. Dollar General has a 12-month low of $65.97 and a 12-month high of $99.69.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, December 7th. The company reported $0.93 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.01). Dollar General had a return on equity of 22.58% and a net margin of 5.31%. The firm had revenue of $5.90 billion for the quarter, compared to analyst estimates of $5.80 billion. During the same period in the previous year, the business posted $0.89 EPS. Dollar General’s revenue for the quarter was up 11.0% compared to the same quarter last year. equities research analysts expect that Dollar General will post 4.48 EPS for the current year.

In related news, SVP Anita C. Elliott sold 2,012 shares of the business’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $92.82, for a total value of $186,753.84. Following the sale, the senior vice president now owns 14,969 shares of the company’s stock, valued at approximately $1,389,422.58. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Michael J. Kindy sold 7,536 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $90.64, for a total value of $683,063.04. Following the completion of the sale, the senior vice president now directly owns 7,578 shares in the company, valued at approximately $686,869.92. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,916 shares of company stock worth $1,924,881. 0.32% of the stock is owned by insiders.

Hedge funds have recently made changes to their positions in the stock. Ridgewood Investments LLC bought a new position in Dollar General in the 4th quarter valued at $331,000. Franklin Street Advisors Inc. NC bought a new position in Dollar General in the 4th quarter valued at $237,000. Atalanta Sosnoff Capital LLC bought a new position in Dollar General in the 4th quarter valued at $30,190,000. Aurora Investment Counsel bought a new position in Dollar General in the 4th quarter valued at $3,316,000. Finally, Pensionfund Sabic bought a new position in Dollar General in the 4th quarter valued at $1,767,000. 90.37% of the stock is currently owned by institutional investors and hedge funds.

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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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