Analysts Set Dollar General Corporation (NYSE:DG) Price Target at $145.85

Dollar General Corporation (NYSE:DGGet Free Report) has earned a consensus rating of “Hold” from the thirty analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, fifteen have issued a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $145.9259.

DG has been the topic of a number of recent research reports. Oppenheimer increased their price target on shares of Dollar General from $145.00 to $170.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Daiwa Securities Group upped their price objective on shares of Dollar General from $113.00 to $130.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. Gordon Haskett increased their target price on shares of Dollar General from $170.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Wolfe Research lifted their target price on shares of Dollar General from $141.00 to $159.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Dollar General in a research note on Monday, December 29th.

Get Our Latest Report on DG

Key Headlines Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

Insider Buying and Selling

In other Dollar General news, EVP Tracey N. Herrmann sold 12,583 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $125.07, for a total value of $1,573,755.81. Following the transaction, the executive vice president owned 30,948 shares in the company, valued at approximately $3,870,666.36. The trade was a 28.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Rhonda Taylor sold 7,500 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $134.89, for a total transaction of $1,011,675.00. Following the transaction, the executive vice president owned 73,492 shares in the company, valued at $9,913,335.88. This represents a 9.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 58,673 shares of company stock valued at $7,713,389 over the last quarter. Company insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Life Cycle Investment Partners Ltd purchased a new position in shares of Dollar General in the fourth quarter worth $363,299,000. AQR Capital Management LLC raised its position in Dollar General by 416.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock worth $259,759,000 after buying an additional 2,036,573 shares during the last quarter. Bessemer Group Inc. lifted its stake in Dollar General by 24,882.5% during the 4th quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company’s stock valued at $224,953,000 after acquiring an additional 1,687,533 shares during the period. Morgan Stanley boosted its holdings in shares of Dollar General by 35.0% during the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after acquiring an additional 1,624,748 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Dollar General by 116.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company’s stock worth $310,538,000 after acquiring an additional 1,458,093 shares during the period. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Stock Performance

Dollar General stock opened at $146.05 on Monday. Dollar General has a 1-year low of $74.67 and a 1-year high of $158.23. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $32.15 billion, a PE ratio of 25.22, a price-to-earnings-growth ratio of 2.42 and a beta of 0.23. The firm’s 50 day simple moving average is $147.14 and its 200 day simple moving average is $122.66.

Dollar General (NYSE:DGGet Free Report) last posted its earnings results on Thursday, December 4th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $0.95 by $0.33. The business had revenue of $10.65 billion during the quarter, compared to analysts’ expectations of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The firm’s revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.89 earnings per share. As a group, analysts expect that Dollar General will post 5.75 earnings per share for the current fiscal year.

About Dollar General

(Get Free Report)

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.

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Analyst Recommendations for Dollar General (NYSE:DG)

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