Dollar General (NYSE:DG) Given New $145.00 Price Target at Evercore ISI

Dollar General (NYSE:DG) had its price objective raised by equities research analysts at Evercore ISI from $143.00 to $145.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “in-line” rating on the stock. Evercore ISI’s target price suggests a potential upside of 1.05% from the company’s current price.

Other analysts also recently issued research reports about the stock. Barclays increased their target price on shares of Dollar General from $127.00 to $151.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Daiwa Capital Markets increased their price objective on shares of Dollar General from $113.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. BMO Capital Markets lifted their target price on shares of Dollar General from $115.00 to $130.00 and gave the company a “market perform” rating in a report on Friday, December 5th. The Goldman Sachs Group upgraded Dollar General from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Finally, Piper Sandler boosted their price objective on Dollar General from $117.00 to $129.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $141.35.

Dollar General Stock Up 0.0%

Shares of NYSE DG opened at $143.50 on Tuesday. The stock has a market capitalization of $31.59 billion, a PE ratio of 24.78, a P/E/G ratio of 2.60 and a beta of 0.26. The company has a quick ratio of 0.24, a current ratio of 1.17 and a debt-to-equity ratio of 0.63. The firm has a fifty day moving average of $135.28 and a 200-day moving average of $116.11. Dollar General has a 52-week low of $69.32 and a 52-week high of $154.75.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.33. The firm had revenue of $10.65 billion during the quarter, compared to the consensus estimate of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.89 earnings per share. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. On average, analysts anticipate that Dollar General will post 5.75 EPS for the current year.

Insider Transactions at Dollar General

In other Dollar General news, CAO Anita C. Elliott sold 2,516 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $132.52, for a total transaction of $333,420.32. Following the completion of the sale, the chief accounting officer owned 29,344 shares in the company, valued at $3,888,666.88. This trade represents a 7.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rhonda Taylor sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $134.89, for a total value of $1,011,675.00. Following the completion of the transaction, the executive vice president directly owned 73,492 shares in the company, valued at approximately $9,913,335.88. The trade was a 9.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 58,673 shares of company stock valued at $7,713,389 in the last three months. 0.56% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Dollar General by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after purchasing an additional 1,185 shares during the period. NewEdge Advisors LLC grew its position in shares of Dollar General by 12.3% during the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after buying an additional 1,148 shares during the last quarter. Woodline Partners LP raised its stake in Dollar General by 40.7% during the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after acquiring an additional 5,373 shares during the period. Sivia Capital Partners LLC bought a new position in Dollar General in the second quarter worth about $211,000. Finally, PFG Investments LLC acquired a new position in Dollar General in the second quarter valued at approximately $221,000. 91.77% of the stock is currently owned by institutional investors.

Dollar General Company Profile

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.