Dollar Tree (NASDAQ:DLTR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Dollar Tree (NASDAQ:DLTR) from a hold rating to a buy rating in a research report released on Saturday morning.

A number of other equities research analysts also recently issued reports on the stock. Morgan Stanley increased their target price on shares of Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a report on Thursday, June 4th. Gordon Haskett raised shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price target on the stock in a research note on Thursday, June 4th. BNP Paribas Exane upped their price target on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research note on Friday, May 29th. Finally, Evercore upgraded Dollar Tree from a “hold” rating to an “outperform” rating in a report on Wednesday, July 8th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $123.41.

Dollar Tree Trading Up 4.0%

NASDAQ:DLTR opened at $136.75 on Friday. The stock has a market cap of $26.28 billion, a PE ratio of 21.37, a price-to-earnings-growth ratio of 1.50 and a beta of 0.64. Dollar Tree has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The stock’s 50-day moving average is $124.40 and its two-hundred day moving average is $114.47.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. The business had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, equities research analysts forecast that Dollar Tree will post 7.02 earnings per share for the current fiscal year.

Dollar Tree declared that its Board of Directors has authorized a stock repurchase plan on Thursday, July 2nd that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the company to buy up to 10.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Institutional Trading of Dollar Tree

Large investors have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. bought a new position in shares of Dollar Tree during the 4th quarter valued at $25,000. Reflection Asset Management bought a new stake in Dollar Tree in the fourth quarter worth $25,000. Covestor Ltd boosted its holdings in Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after purchasing an additional 84 shares in the last quarter. Basecamp Wealth Advisors LLC increased its position in Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after buying an additional 97 shares during the last quarter. Finally, Wilkerson Advisory Group LLC increased its position in Dollar Tree by 80.1% during the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after buying an additional 117 shares during the last quarter. 97.40% of the stock is owned by institutional investors.

Dollar Tree Company Profile

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.