Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Dollar Tree (DLTR) Stock Price

Media coverage about Dollar Tree (NASDAQ:DLTR) has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dollar Tree earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.2795020557906 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

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A number of research firms have recently commented on DLTR. Citigroup reduced their price objective on shares of Dollar Tree from $113.00 to $104.00 and set a “neutral” rating for the company in a research note on Tuesday, March 13th. Zacks Investment Research cut shares of Dollar Tree from a “buy” rating to a “hold” rating in a report on Monday, March 12th. BMO Capital Markets reissued a “market perform” rating on shares of Dollar Tree in a report on Friday, March 9th. Royal Bank of Canada lowered their price target on shares of Dollar Tree to $106.00 and set a “top pick” rating on the stock in a report on Thursday, March 8th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $101.00 price target (down from $112.00) on shares of Dollar Tree in a report on Thursday, March 8th. Eleven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $107.40.

DLTR stock traded down $1.59 during midday trading on Friday, hitting $91.95. 2,672,662 shares of the company traded hands, compared to its average volume of 4,849,641. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.60 and a quick ratio of 0.49. The firm has a market cap of $22,200.41, a price-to-earnings ratio of 12.75, a price-to-earnings-growth ratio of 1.14 and a beta of 0.80. Dollar Tree has a twelve month low of $65.63 and a twelve month high of $116.65.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Wednesday, March 7th. The company reported $1.89 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.90 by ($0.01). The firm had revenue of $6.36 billion for the quarter, compared to analyst estimates of $6.39 billion. Dollar Tree had a return on equity of 18.68% and a net margin of 7.71%. The business’s revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.36 EPS. equities research analysts predict that Dollar Tree will post 5.65 earnings per share for the current year.

In related news, Director Arnold S. Barron sold 6,023 shares of the stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $94.49, for a total transaction of $569,113.27. Following the sale, the director now owns 26,667 shares in the company, valued at approximately $2,519,764.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert H. Rudman sold 2,764 shares of the firm’s stock in a transaction that occurred on Friday, March 23rd. The shares were sold at an average price of $93.70, for a total transaction of $258,986.80. The disclosure for this sale can be found here. Company insiders own 4.10% of the company’s stock.

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Dollar Tree Company Profile

Dollar Tree, Inc operates variety retail stores in the United States and Canada. It operates in 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 products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise.

Insider Buying and Selling by Quarter for Dollar Tree (NASDAQ:DLTR)

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