Dollar General (NYSE:DG) Price Target Raised to $180.00 at Gordon Haskett

Dollar General (NYSE:DG) had its price objective upped by stock analysts at Gordon Haskett from $170.00 to $180.00 in a research note issued on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the stock. Gordon Haskett’s price target points to a potential upside of 23.94% from the stock’s current price.

A number of other equities analysts also recently issued reports on DG. Loop Capital raised their price objective on shares of Dollar General from $120.00 to $145.00 and gave the stock a “hold” rating in a report on Friday, February 6th. UBS Group reiterated a “buy” rating and issued a $168.00 price target on shares of Dollar General in a research report on Friday. Deutsche Bank Aktiengesellschaft raised shares of Dollar General from a “hold” rating to a “buy” rating and set a $170.00 price objective for the company in a research report on Thursday, January 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Dollar General in a report on Monday, December 29th. Finally, BMO Capital Markets lifted their target price on Dollar General from $115.00 to $130.00 and gave the company a “market perform” rating in a research report 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’s stock. Based on data from MarketBeat.com, Dollar General has an average rating of “Hold” and a consensus price target of $144.22.

Dollar General Stock Performance

DG stock opened at $145.23 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24. Dollar General has a 1 year low of $70.01 and a 1 year high of $154.75. The company has a market cap of $31.97 billion, a P/E ratio of 25.12, a price-to-earnings-growth ratio of 2.45 and a beta of 0.25. The stock’s fifty day moving average price is $139.91 and its 200-day moving average price is $117.73.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, December 4th. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.33. The company 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%.Dollar General’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior 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, equities analysts forecast that Dollar General will post 5.75 earnings per share for the current year.

Insider Activity

In related news, EVP Tracey N. Herrmann sold 12,583 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $125.07, for a total value of $1,573,755.81. Following the completion of the sale, the executive vice president directly owned 30,948 shares in the company, valued at $3,870,666.36. This trade represents a 28.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Anita C. Elliott sold 2,516 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $132.52, for a total transaction of $333,420.32. Following the transaction, 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 disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 58,673 shares of company stock worth $7,713,389. Company insiders own 0.56% of the company’s stock.

Institutional Trading of Dollar General

A number of hedge funds and other institutional investors have recently bought and sold shares of DG. Vanguard Group Inc. grew its position in shares of Dollar General by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after buying an additional 412,542 shares during the last quarter. State Street Corp increased its position in shares of Dollar General by 9.1% during the third quarter. State Street Corp now owns 10,963,378 shares of the company’s stock worth $1,133,065,000 after purchasing an additional 913,373 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Dollar General by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after purchasing an additional 42,936 shares in the last quarter. Baillie Gifford & Co. lifted its holdings in shares of Dollar General by 2.1% during the 4th quarter. Baillie Gifford & Co. now owns 3,316,155 shares of the company’s stock valued at $440,286,000 after purchasing an additional 68,723 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Dollar General by 3.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,811,797 shares of the company’s stock worth $290,599,000 after purchasing an additional 96,825 shares in the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

About Dollar General

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.