Brokerages Expect Dollar Tree, Inc. (NASDAQ:DLTR) to Announce $0.90 EPS

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Equities research analysts expect that Dollar Tree, Inc. (NASDAQ:DLTR) will post earnings per share of $0.90 for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for Dollar Tree’s earnings, with the highest EPS estimate coming in at $0.99 and the lowest estimate coming in at $0.69. Dollar Tree posted earnings of $1.15 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 21.7%. The business is expected to issue its next quarterly earnings report on Thursday, August 29th.

According to Zacks, analysts expect that Dollar Tree will report full-year earnings of $5.20 per share for the current financial year, with EPS estimates ranging from $4.99 to $5.38. For the next financial year, analysts expect that the company will report earnings of $5.93 per share, with EPS estimates ranging from $5.63 to $6.03. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Dollar Tree.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Thursday, May 30th. The company reported $1.14 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.14. Dollar Tree had a negative net margin of 6.43% and a positive return on equity of 19.13%. The company had revenue of $5.81 billion during the quarter, compared to analyst estimates of $5.78 billion. During the same period last year, the firm posted $1.19 EPS. Dollar Tree’s revenue for the quarter was up 4.6% compared to the same quarter last year.

Several equities analysts have recently weighed in on the stock. Raymond James set a $107.00 target price on shares of Dollar Tree and gave the company a “buy” rating in a report on Tuesday, February 26th. Morgan Stanley lifted their target price on shares of Dollar Tree from $90.00 to $92.00 and gave the company an “equal weight” rating in a report on Thursday, March 7th. ValuEngine raised shares of Dollar Tree from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. TheStreet lowered shares of Dollar Tree from a “b” rating to a “c” rating in a report on Wednesday, March 6th. Finally, Evercore ISI assumed coverage on shares of Dollar Tree in a report on Wednesday, March 20th. They set an “inline” rating and a $90.00 target price for the company. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Dollar Tree has an average rating of “Buy” and a consensus target price of $103.72.

In other Dollar Tree news, insider David A. Jacobs sold 8,672 shares of Dollar Tree stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $107.63, for a total transaction of $933,367.36. Following the sale, the insider now owns 7,733 shares of the company’s stock, valued at approximately $832,302.79. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert H. Rudman sold 5,110 shares of Dollar Tree stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $104.43, for a total transaction of $533,637.30. The disclosure for this sale can be found here. Insiders sold a total of 58,920 shares of company stock worth $6,155,075 in the last three months. 1.40% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Keybank National Association OH raised its position in shares of Dollar Tree by 4.9% in the fourth quarter. Keybank National Association OH now owns 2,871 shares of the company’s stock valued at $259,000 after buying an additional 133 shares in the last quarter. Dupont Capital Management Corp raised its position in shares of Dollar Tree by 33.8% in the fourth quarter. Dupont Capital Management Corp now owns 2,951 shares of the company’s stock valued at $267,000 after buying an additional 745 shares in the last quarter. Creative Planning raised its position in shares of Dollar Tree by 4.1% in the fourth quarter. Creative Planning now owns 7,845 shares of the company’s stock valued at $709,000 after buying an additional 307 shares in the last quarter. TD Asset Management Inc. raised its position in shares of Dollar Tree by 8.8% in the fourth quarter. TD Asset Management Inc. now owns 218,705 shares of the company’s stock valued at $19,753,000 after buying an additional 17,636 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of Dollar Tree by 112.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 24,361 shares of the company’s stock valued at $2,200,000 after buying an additional 12,897 shares in the last quarter. 94.58% of the stock is currently owned by institutional investors.

DLTR traded up $1.65 during trading on Friday, reaching $110.31. 3,318,690 shares of the company’s stock were exchanged, compared to its average volume of 2,236,161. Dollar Tree has a 1 year low of $78.78 and a 1 year high of $111.61. The company has a current ratio of 1.07, a quick ratio of 0.23 and a debt-to-equity ratio of 1.45. The firm has a market capitalization of $26.21 billion, a PE ratio of 20.24, a P/E/G ratio of 2.13 and a beta of 0.52.

Dollar Tree Company Profile

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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