Equities analysts forecast that Dollar Tree, Inc. (NASDAQ:DLTR) will post $1.78 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Dollar Tree’s earnings. The lowest EPS estimate is $1.73 and the highest is $1.87. Dollar Tree reported earnings per share of $1.93 during the same quarter last year, which would indicate a negative year over year growth rate of 7.8%. The company is scheduled to announce its next earnings report on Wednesday, March 4th.

According to Zacks, analysts expect that Dollar Tree will report full-year earnings of $4.73 per share for the current fiscal year, with EPS estimates ranging from $4.70 to $4.77. For the next fiscal year, analysts forecast that the company will post earnings of $5.26 per share, with EPS estimates ranging from $5.15 to $5.50. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Dollar Tree.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Tuesday, November 26th. The company reported $1.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.05). The firm had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.74 billion. Dollar Tree had a positive return on equity of 20.85% and a negative net margin of 6.82%. The firm’s revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.18 EPS.

DLTR has been the topic of several recent analyst reports. Gordon Haskett downgraded Dollar Tree from a “buy” rating to an “accumulate” rating in a research report on Tuesday, November 26th. Royal Bank of Canada dropped their price objective on shares of Dollar Tree from $127.00 to $106.00 and set an “outperform” rating for the company in a research note on Wednesday, November 27th. OTR Global upgraded shares of Dollar Tree from a “mixed” rating to a “positive” rating in a report on Friday, August 23rd. Zacks Investment Research raised shares of Dollar Tree from a “sell” rating to a “hold” rating and set a $107.00 target price on the stock in a research report on Monday, September 2nd. Finally, Credit Suisse Group decreased their target price on shares of Dollar Tree from $125.00 to $108.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 27th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $104.89.

In other news, Chairman Bob Sasser sold 70,000 shares of the company’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $115.92, for a total value of $8,114,400.00. Following the completion of the sale, the chairman now owns 719 shares of the company’s stock, valued at $83,346.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas A. Saunders sold 4,000 shares of the stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $113.29, for a total value of $453,160.00. Following the completion of the sale, the director now owns 2,386,145 shares of the company’s stock, valued at approximately $270,326,367.05. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 78,719 shares of company stock valued at $9,108,444. 1.40% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Dollar Tree by 1,394.4% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 269 shares of the company’s stock valued at $29,000 after purchasing an additional 251 shares during the period. Coastal Investment Advisors Inc. lifted its holdings in Dollar Tree by 1,515.0% in the 2nd quarter. Coastal Investment Advisors Inc. now owns 323 shares of the company’s stock worth $34,000 after buying an additional 303 shares in the last quarter. CSat Investment Advisory L.P. grew its stake in shares of Dollar Tree by 214.7% during the second quarter. CSat Investment Advisory L.P. now owns 365 shares of the company’s stock valued at $39,000 after acquiring an additional 249 shares in the last quarter. Berman Capital Advisors LLC increased its position in shares of Dollar Tree by 55.4% during the second quarter. Berman Capital Advisors LLC now owns 474 shares of the company’s stock worth $50,000 after acquiring an additional 169 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of Dollar Tree by 35.8% during the third quarter. Parkside Financial Bank & Trust now owns 451 shares of the company’s stock worth $51,000 after acquiring an additional 119 shares during the last quarter. Hedge funds and other institutional investors own 93.47% of the company’s stock.

DLTR stock opened at $92.24 on Monday. The stock has a market capitalization of $21.83 billion, a price-to-earnings ratio of 16.92, a price-to-earnings-growth ratio of 1.89 and a beta of 0.45. The company has a quick ratio of 0.16, a current ratio of 1.09 and a debt-to-equity ratio of 1.33. Dollar Tree has a 52-week low of $81.71 and a 52-week high of $119.71. The stock’s fifty day simple moving average is $107.41 and its 200-day simple moving average is $106.05.

About Dollar Tree

Dollar Tree, Inc operates discount variety retail stores. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods that include Valentine's Day, Easter, Halloween, and Christmas merchandise.

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

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