Credit Suisse Group set a $108.00 target price on Dollar General (NYSE:DG) in a research report report published on Tuesday. The brokerage currently has a hold rating on the stock.

Several other brokerages also recently weighed in on DG. Deutsche Bank upped their target price on shares of Dollar General from $123.00 to $125.00 and gave the stock a buy rating in a research note on Friday, August 31st. Zacks Investment Research downgraded shares of Dollar General from a buy rating to a hold rating in a research report on Friday, October 5th. MKM Partners increased their price objective on shares of Dollar General to $117.00 and gave the company a buy rating in a research report on Tuesday, August 28th. UBS Group reissued a buy rating and issued a $120.00 price objective (up from $110.00) on shares of Dollar General in a research report on Monday, October 15th. Finally, Loop Capital increased their price objective on shares of Dollar General from $97.00 to $105.00 and gave the company a hold rating in a research report on Thursday, August 30th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $107.26.

Shares of DG opened at $102.70 on Tuesday. Dollar General has a fifty-two week low of $85.54 and a fifty-two week high of $118.45. The company has a market cap of $27.37 billion, a P/E ratio of 22.87, a price-to-earnings-growth ratio of 1.28 and a beta of 0.84. The company has a current ratio of 1.55, a quick ratio of 0.21 and a debt-to-equity ratio of 0.46.

Dollar General (NYSE:DG) last announced its earnings results on Tuesday, December 4th. The company reported $1.26 earnings per share for the quarter, hitting the consensus estimate of $1.26. Dollar General had a net margin of 7.24% and a return on equity of 24.03%. The firm had revenue of $6.42 billion for the quarter, compared to the consensus estimate of $6.38 billion. During the same period in the prior year, the firm earned $0.93 EPS. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. On average, research analysts forecast that Dollar General will post 5.99 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 22nd. Shareholders of record on Tuesday, January 8th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Monday, January 7th. Dollar General’s dividend payout ratio is presently 25.84%.

Several institutional investors have recently modified their holdings of the company. Putnam Investments LLC boosted its holdings in shares of Dollar General by 0.4% in the 3rd quarter. Putnam Investments LLC now owns 118,358 shares of the company’s stock valued at $12,936,000 after buying an additional 485 shares in the last quarter. Legacy Capital Partners Inc. boosted its holdings in shares of Dollar General by 23.3% in the 3rd quarter. Legacy Capital Partners Inc. now owns 2,650 shares of the company’s stock valued at $290,000 after buying an additional 500 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Dollar General by 3.3% in the 3rd quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the company’s stock valued at $1,694,000 after buying an additional 500 shares in the last quarter. Greenwood Capital Associates LLC boosted its holdings in shares of Dollar General by 9.2% in the 2nd quarter. Greenwood Capital Associates LLC now owns 6,065 shares of the company’s stock valued at $598,000 after buying an additional 509 shares in the last quarter. Finally, Strs Ohio boosted its holdings in shares of Dollar General by 2.2% in the 3rd quarter. Strs Ohio now owns 24,110 shares of the company’s stock valued at $2,635,000 after buying an additional 512 shares in the last quarter. Institutional investors and hedge funds own 94.23% of the company’s stock.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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Analyst Recommendations for Dollar General (NYSE:DG)

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