Dollar General (NYSE:DG) Downgraded to “Strong Sell” Rating by Rothschild & Co Redburn

Dollar General (NYSE:DG) was downgraded by equities research analysts at Rothschild & Co Redburn from a “hold” rating to a “strong sell” rating in a report released on Tuesday,Zacks.com reports.

DG has been the subject of several other reports. Guggenheim lifted their price objective on shares of Dollar General from $140.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft raised Dollar General from a “hold” rating to a “buy” rating and set a $170.00 price target for the company in a research report on Thursday, January 8th. Evercore boosted their price target on Dollar General from $143.00 to $145.00 and gave the company an “in-line” rating in a research note on Tuesday, February 3rd. Truist Financial set a $144.00 price objective on Dollar General in a research note on Friday, January 16th. Finally, Piper Sandler upped their target price on Dollar General from $117.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. Fourteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $144.44.

Dollar General Price Performance

Shares of NYSE DG opened at $149.70 on Tuesday. Dollar General has a fifty-two week low of $70.01 and a fifty-two week high of $155.00. The company has a market cap of $32.95 billion, a PE ratio of 25.85, a P/E/G ratio of 2.56 and a beta of 0.25. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. The business has a 50-day simple moving average of $142.61 and a two-hundred day simple moving average of $119.29.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, December 4th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $0.95 by $0.33. The firm had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. Dollar General’s revenue was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, equities analysts expect that Dollar General will post 5.75 EPS for the current fiscal year.

Insider Activity at Dollar General

In related news, EVP Rhonda Taylor sold 7,500 shares of Dollar General stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $134.89, for a total value of $1,011,675.00. Following the completion of the transaction, the executive vice president owned 73,492 shares in the company, valued at $9,913,335.88. The trade was a 9.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Tracey N. Herrmann sold 4,850 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $131.39, for a total value of $637,241.50. Following the transaction, the executive vice president owned 26,098 shares in the company, valued at $3,429,016.22. This represents a 15.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 58,673 shares of company stock valued at $7,713,389 in the last quarter. 0.56% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in DG. Bryn Mawr Trust Advisors LLC purchased a new position in shares of Dollar General during the third quarter worth about $8,803,000. Arista Wealth Management LLC purchased a new position in Dollar General during the 3rd quarter worth approximately $351,000. Allianz Asset Management GmbH grew its stake in Dollar General by 16.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 805,645 shares of the company’s stock worth $83,263,000 after buying an additional 112,862 shares during the last quarter. Vanguard Group Inc. increased its position in Dollar General by 1.5% during the second quarter. Vanguard Group Inc. now owns 26,817,649 shares of the company’s stock worth $3,067,403,000 after buying an additional 384,447 shares during the period. Finally, Empowered Funds LLC lifted its stake in Dollar General by 483.1% in the second quarter. Empowered Funds LLC now owns 30,630 shares of the company’s stock valued at $3,503,000 after buying an additional 25,377 shares during the last quarter. 91.77% of the stock is owned by institutional investors and hedge funds.

About Dollar General

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.