Analysts forecast that Dollar Tree, Inc. (NASDAQ:DLTR) will announce earnings per share (EPS) of $1.86 for the current quarter, according to Zacks Investment Research. Seven analysts have made estimates for Dollar Tree’s earnings, with estimates ranging from $1.74 to $1.90. Dollar Tree posted earnings of $1.39 per share during the same quarter last year, which suggests a positive year over year growth rate of 33.8%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, March 7th.

According to Zacks, analysts expect that Dollar Tree will report full year earnings of $4.82 per share for the current financial year, with EPS estimates ranging from $4.54 to $4.89. For the next financial year, analysts forecast that the firm will post earnings of $5.22 per share, with EPS estimates ranging from $4.99 to $5.45. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover Dollar Tree.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Tuesday, November 21st. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.11. The company had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.28 billion. Dollar Tree had a net margin of 4.63% and a return on equity of 18.04%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.72 earnings per share.

A number of equities analysts have recently weighed in on DLTR shares. Jefferies Group reissued a “hold” rating and issued a $85.00 price objective on shares of Dollar Tree in a research report on Tuesday, October 31st. Zacks Investment Research raised shares of Dollar Tree from a “hold” rating to a “buy” rating and set a $105.00 price objective for the company in a research report on Wednesday, November 8th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $118.00 price objective on shares of Dollar Tree in a research report on Friday, November 3rd. Raymond James Financial set a $124.00 price objective on shares of Dollar Tree and gave the company a “buy” rating in a research report on Thursday, December 7th. Finally, KeyCorp reissued a “buy” rating and issued a $98.00 price objective on shares of Dollar Tree in a research report on Friday, November 10th. Eleven equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $101.79.

In related news, Chairman Macon F. Brock, Jr. sold 63,000 shares of the company’s stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $91.04, for a total transaction of $5,735,520.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas A. Saunders sold 18,621 shares of the company’s stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of $91.11, for a total transaction of $1,696,559.31. The disclosure for this sale can be found here. Insiders have sold 376,240 shares of company stock valued at $35,916,820 in the last ninety days. 4.10% of the stock is currently owned by company insiders.

Hedge funds have recently modified their holdings of the stock. Atlantic Trust Group LLC grew its stake in Dollar Tree by 3.2% during the third quarter. Atlantic Trust Group LLC now owns 271,056 shares of the company’s stock worth $23,533,000 after buying an additional 8,356 shares during the period. Shelton Capital Management grew its stake in Dollar Tree by 3.7% during the third quarter. Shelton Capital Management now owns 19,391 shares of the company’s stock worth $1,684,000 after buying an additional 685 shares during the period. Greenlight Capital Inc. purchased a new stake in Dollar Tree during the third quarter worth approximately $7,631,000. IFM Investors Pty Ltd purchased a new stake in Dollar Tree during the third quarter worth approximately $585,000. Finally, Alkeon Capital Management LLC grew its stake in Dollar Tree by 8.2% during the third quarter. Alkeon Capital Management LLC now owns 2,570,949 shares of the company’s stock worth $223,210,000 after buying an additional 195,000 shares during the period. 89.73% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree (NASDAQ DLTR) opened at $111.14 on Wednesday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.95 and a quick ratio of 0.28. The firm has a market cap of $25,810.32, a P/E ratio of 26.46, a PEG ratio of 1.71 and a beta of 0.63. Dollar Tree has a 52-week low of $65.63 and a 52-week high of $111.23.

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Dollar Tree Company Profile

Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

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Earnings History and Estimates for Dollar Tree (NASDAQ:DLTR)

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