Dollar Tree (NASDAQ:DLTR – Free Report) had its target price raised by Sanford C. Bernstein from $123.00 to $124.00 in a research report sent to investors on Tuesday morning,Benzinga reports. Sanford C. Bernstein currently has a market perform rating on the stock.
A number of other equities analysts have also recently weighed in on DLTR. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $126.00 price target on shares of Dollar Tree in a research report on Thursday, January 8th. BMO Capital Markets downgraded Dollar Tree from a “market perform” rating to an “underperform” rating and dropped their price objective for the stock from $110.00 to $95.00 in a research note on Friday, February 13th. Truist Financial reduced their target price on Dollar Tree from $156.00 to $142.00 and set a “buy” rating on the stock in a report on Monday. BNP Paribas Exane cut Dollar Tree from a “hold” rating to an “underperform” rating and set a $87.00 target price for the company. in a research note on Wednesday, January 21st. Finally, Piper Sandler restated a “neutral” rating and issued a $114.00 price target (up from $108.00) on shares of Dollar Tree in a report on Thursday, December 4th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat.com, Dollar Tree currently has an average rating of “Hold” and a consensus price target of $123.24.
Read Our Latest Research Report on DLTR
Dollar Tree Stock Performance
Dollar Tree (NASDAQ:DLTR – Get Free Report) last released its quarterly earnings data on Monday, March 16th. The company reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.03. The business had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.46 billion. Dollar Tree had a net margin of 6.61% and a return on equity of 32.24%. Dollar Tree’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.11 EPS. As a group, sell-side analysts expect that Dollar Tree will post 5.39 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the stock. Cullen Frost Bankers Inc. bought a new stake in shares of Dollar Tree during the 4th quarter worth approximately $25,000. Reflection Asset Management bought a new position in shares of Dollar Tree in the fourth quarter valued at $25,000. Covestor Ltd grew its stake in shares of Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after buying an additional 84 shares in the last quarter. Root Financial Partners LLC acquired a new position in Dollar Tree during the third quarter worth $29,000. Finally, YANKCOM Partnership bought a new stake in Dollar Tree during the fourth quarter worth $31,000. 97.40% of the stock is currently owned by institutional investors.
Key Dollar Tree News
Here are the key news stories impacting Dollar Tree this week:
- Positive Sentiment: Quarterly results showed an EPS beat and revenue growth, which earlier drove a sharp post‑earnings rally; those results remain a fundamental positive for outlook and valuation. Trading Up After Earnings
- Positive Sentiment: Management’s pricing adjustments and a shifting customer mix are being cited as near‑term revenue drivers and reasons some investors are bullish on sustainable margin recovery. SA: Pricing Adjustments Fool: Why Consider Investing
- Positive Sentiment: Several shops/strategists reiterated or initiated bullish ratings (Guggenheim reaffirmed Buy; Telsey issued Outperform; Jefferies issued a strong price‑appreciation forecast; Wells Fargo stayed Buy), supporting demand among institutional buyers. Guggenheim Telsey Jefferies Wells Fargo
- Neutral Sentiment: Piper Sandler reiterated a Neutral rating, reflecting balanced risk/reward and adding to mixed analyst signals that can keep volatility elevated. Piper Sandler
- Neutral Sentiment: Industry commentary notes shifting lower‑income consumer behavior (more digital, larger baskets) and sector risk/reward changes; these structural trends are a medium‑term factor rather than an immediate catalyst. PYMNTS: Consumer Behavior MarketBeat: Risk/Reward
- Neutral Sentiment: Reported short‑interest figures in the feed are inconsistent/zeroed out (data anomaly), so short‑interest is not a reliable headline driver today but watch for corrected reads.
- Negative Sentiment: MarketWatch flagged that DLTR is underperforming peers today, which can prompt sector rotation and selling pressure from relative‑performance traders. MarketWatch: Underperforms
- Negative Sentiment: Citi and Morgan Stanley published more pessimistic forecasts, adding sell‑side pressure and giving skeptics ammo to take profits or short the stock. Citigroup Morgan Stanley
Dollar Tree Company Profile
Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.
Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.
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