Oppenheimer Issues Pessimistic Forecast for Dollar General (NYSE:DG) Stock Price

Dollar General (NYSE:DGGet Free Report) had its price objective dropped by analysts at Oppenheimer from $170.00 to $150.00 in a report issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Oppenheimer’s price objective would indicate a potential upside of 36.70% from the stock’s previous close.

A number of other equities analysts have also recently commented on the company. Truist Financial dropped their target price on Dollar General from $139.00 to $109.00 and set a “hold” rating for the company in a report on Wednesday. Loop Capital dropped their target price on Dollar General from $145.00 to $110.00 and set a “hold” rating for the company in a report on Friday, May 22nd. Guggenheim dropped their target price on Dollar General from $165.00 to $160.00 and set a “buy” rating for the company in a report on Friday, March 13th. Barclays reissued an “overweight” rating on shares of Dollar General in a research note on Thursday, March 12th. Finally, BNP Paribas Exane reissued a “neutral” rating and set a $127.00 price target on shares of Dollar General in a research note on Thursday, March 12th. Twelve research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $139.19.

View Our Latest Report on DG

Dollar General Price Performance

Shares of Dollar General stock opened at $109.73 on Friday. The stock has a market cap of $24.17 billion, a price-to-earnings ratio of 16.02, a price-to-earnings-growth ratio of 1.69 and a beta of 0.28. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. The stock has a 50 day moving average price of $115.80 and a 200-day moving average price of $128.60. Dollar General has a one year low of $95.11 and a one year high of $158.23.

Dollar General (NYSE:DGGet Free Report) last announced its earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.36. The firm had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities analysts expect that Dollar General will post 7.26 EPS for the current year.

Institutional Investors Weigh In On Dollar General

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Summitry LLC raised its position in Dollar General by 5.5% during the 1st quarter. Summitry LLC now owns 8,654 shares of the company’s stock valued at $1,027,000 after purchasing an additional 454 shares in the last quarter. Vestor Capital LLC raised its position in Dollar General by 663.8% during the 1st quarter. Vestor Capital LLC now owns 28,979 shares of the company’s stock valued at $3,441,000 after purchasing an additional 25,185 shares in the last quarter. Western Wealth Management LLC bought a new stake in Dollar General during the 1st quarter valued at $396,000. NewEdge Advisors LLC raised its position in Dollar General by 12.3% during the 1st quarter. NewEdge Advisors LLC now owns 70,427 shares of the company’s stock valued at $8,362,000 after purchasing an additional 7,702 shares in the last quarter. Finally, Kentucky Retirement Systems raised its position in Dollar General by 76.4% during the 1st quarter. Kentucky Retirement Systems now owns 24,325 shares of the company’s stock valued at $2,888,000 after purchasing an additional 10,534 shares in the last quarter. 91.77% of the stock is owned by institutional investors.

Dollar General News Roundup

Here are the key news stories impacting Dollar General this week:

About Dollar General

(Get Free Report)

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.

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Analyst Recommendations for Dollar General (NYSE:DG)

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