Dollar Tree (DLTR) to Release Quarterly Earnings on Wednesday

Dollar Tree (NASDAQ:DLTR) is anticipated to release its earnings data before the market opens on Wednesday, March 26th. Analysts expect Dollar Tree to post earnings of $2.18 per share and revenue of $8.23 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Dollar Tree Price Performance

DLTR opened at $69.74 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17. The stock’s 50 day simple moving average is $71.12 and its 200 day simple moving average is $70.13. The firm has a market cap of $14.99 billion, a price-to-earnings ratio of -14.62, a PEG ratio of 2.16 and a beta of 0.91. Dollar Tree has a 1 year low of $60.49 and a 1 year high of $137.14.

Analyst Upgrades and Downgrades

DLTR has been the topic of several recent analyst reports. Evercore ISI cut their target price on shares of Dollar Tree from $94.00 to $92.00 and set an “in-line” rating on the stock in a report on Tuesday, December 3rd. Piper Sandler restated a “neutral” rating and issued a $72.00 price objective (up previously from $67.00) on shares of Dollar Tree in a research report on Thursday, December 5th. Loop Capital upped their price objective on shares of Dollar Tree from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. Jefferies Financial Group lifted their price target on shares of Dollar Tree from $70.00 to $75.00 and gave the company a “hold” rating in a report on Wednesday, December 4th. Finally, Truist Financial raised their price objective on Dollar Tree from $79.00 to $83.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Sixteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $84.26.

Dollar Tree Company Profile

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.