Sanford C. Bernstein reissued their buy rating on shares of Dollar Tree (NASDAQ:DLTR) in a research report sent to investors on Friday morning, Stock Target Advisor reports. The firm currently has a $110.00 price target on the stock.

DLTR has been the topic of a number of other reports. Loop Capital downgraded shares of Dollar Tree from a hold rating to a sell rating and dropped their price target for the stock from $94.00 to $74.00 in a research note on Monday, January 6th. Citigroup dropped their price target on shares of Dollar Tree from $120.00 to $103.00 and set a neutral rating on the stock in a research note on Monday, December 2nd. BidaskClub downgraded shares of Dollar Tree from a sell rating to a strong sell rating in a research note on Saturday, January 18th. Morgan Stanley upped their price target on shares of Dollar Tree from $95.00 to $105.00 and gave the stock an equal weight rating in a research note on Wednesday, January 22nd. Finally, Credit Suisse Group dropped their price target on shares of Dollar Tree from $125.00 to $108.00 and set an outperform rating on the stock in a research note on Wednesday, November 27th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $103.91.

DLTR opened at $88.40 on Friday. The stock has a fifty day moving average of $91.87 and a 200-day moving average of $102.54. The firm has a market capitalization of $20.76 billion, a P/E ratio of -13.19, a PEG ratio of 1.96 and a beta of 0.45. Dollar Tree has a 12-month low of $86.19 and a 12-month high of $119.71. The company has a quick ratio of 0.16, a current ratio of 1.09 and a debt-to-equity ratio of 1.33.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $1.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.05). Dollar Tree had a positive return on equity of 20.85% and a negative net margin of 6.82%. The company had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.74 billion. During the same period last year, the company posted $1.18 earnings per share. The company’s revenue was up 3.7% compared to the same quarter last year. On average, analysts expect that Dollar Tree will post 4.88 earnings per share for the current fiscal year.

In other Dollar Tree news, Director Lemuel E. Lewis bought 1,000 shares of the stock in a transaction on Monday, December 2nd. The shares were purchased at an average cost of $89.49 per share, with a total value of $89,490.00. Following the completion of the transaction, the director now directly owns 22,114 shares of the company’s stock, valued at approximately $1,978,981.86. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. Equitec Specialists LLC acquired a new position in Dollar Tree during the fourth quarter worth $26,000. CSat Investment Advisory L.P. grew its position in shares of Dollar Tree by 214.7% in the second quarter. CSat Investment Advisory L.P. now owns 365 shares of the company’s stock valued at $39,000 after purchasing an additional 249 shares during the last quarter. Parkside Financial Bank & Trust grew its position in shares of Dollar Tree by 35.8% in the third quarter. Parkside Financial Bank & Trust now owns 451 shares of the company’s stock valued at $51,000 after purchasing an additional 119 shares during the last quarter. TCI Wealth Advisors Inc. grew its position in shares of Dollar Tree by 80.5% in the fourth quarter. TCI Wealth Advisors Inc. now owns 565 shares of the company’s stock valued at $53,000 after purchasing an additional 252 shares during the last quarter. Finally, Lenox Wealth Advisors LLC grew its position in shares of Dollar Tree by 33.3% in the third quarter. Lenox Wealth Advisors LLC now owns 541 shares of the company’s stock valued at $62,000 after purchasing an additional 135 shares during the last quarter. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

About Dollar Tree

Dollar Tree, Inc operates discount variety retail stores. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods that include Valentine's Day, Easter, Halloween, and Christmas merchandise.

Further Reading: FinTech

Analyst Recommendations for Dollar Tree (NASDAQ:DLTR)

Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.com's FREE daily email newsletter.