Dollar General (NYSE:DG) had its price target lifted by investment analysts at Morgan Stanley from $135.00 to $142.00 in a research report issued to clients and investors on Monday, BenzingaRatingsTable reports. The firm presently has an “overweight” rating on the stock. Morgan Stanley’s price target points to a potential upside of 4.49% from the stock’s current price.

DG has been the topic of several other research reports. Bank of America set a $133.00 target price on Dollar General and gave the company a “buy” rating in a report on Wednesday, April 10th. Zacks Investment Research lowered Dollar General from a “hold” rating to a “sell” rating in a report on Tuesday, March 19th. Citigroup upped their target price on Dollar General from $120.00 to $144.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. BMO Capital Markets upped their target price on Dollar General from $126.00 to $133.00 and gave the company an “outperform” rating in a report on Friday, March 15th. Finally, Barclays raised Dollar General from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $102.00 to $125.00 in a report on Monday, March 18th. One analyst has rated the stock with a sell rating, three have given a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $133.33.

NYSE:DG opened at $135.90 on Monday. The business has a fifty day simple moving average of $125.83. The stock has a market capitalization of $35.05 billion, a PE ratio of 22.76, a price-to-earnings-growth ratio of 1.92 and a beta of 0.68. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.16 and a quick ratio of 0.12. Dollar General has a 1 year low of $96.11 and a 1 year high of $137.39.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, May 30th. The company reported $1.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.09. The company had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.57 billion. Dollar General had a return on equity of 25.03% and a net margin of 6.16%. Dollar General’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.36 earnings per share. Sell-side analysts anticipate that Dollar General will post 6.46 EPS for the current fiscal year.

In other Dollar General news, EVP Robert D. Ravener sold 8,973 shares of the firm’s stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $123.82, for a total value of $1,111,036.86. Following the sale, the executive vice president now directly owns 17,794 shares of the company’s stock, valued at approximately $2,203,253.08. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Robert D. Ravener sold 78,987 shares of the firm’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $117.78, for a total value of $9,303,088.86. Following the completion of the sale, the executive vice president now directly owns 62,434 shares in the company, valued at $7,353,476.52. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 143,255 shares of company stock worth $17,037,351. Corporate insiders own 0.55% of the company’s stock.

A number of large investors have recently modified their holdings of the business. Eaton Vance Management boosted its stake in Dollar General by 0.3% in the 4th quarter. Eaton Vance Management now owns 26,682 shares of the company’s stock worth $2,884,000 after buying an additional 86 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in Dollar General by 0.7% in the 1st quarter. Louisiana State Employees Retirement System now owns 13,900 shares of the company’s stock worth $1,658,000 after buying an additional 100 shares during the last quarter. Commonwealth Bank of Australia boosted its stake in Dollar General by 0.3% in the 1st quarter. Commonwealth Bank of Australia now owns 34,024 shares of the company’s stock worth $4,052,000 after buying an additional 100 shares during the last quarter. Reilly Financial Advisors LLC boosted its stake in Dollar General by 27.0% in the 1st quarter. Reilly Financial Advisors LLC now owns 475 shares of the company’s stock worth $57,000 after buying an additional 101 shares during the last quarter. Finally, Cornerstone Advisors Inc. boosted its stake in Dollar General by 37.9% in the 1st quarter. Cornerstone Advisors Inc. now owns 371 shares of the company’s stock worth $44,000 after buying an additional 102 shares during the last quarter. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General Company Profile

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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