Dollar General (NYSE:DG)‘s stock had its “hold” rating reiterated by research analysts at Wells Fargo & Co in a research report issued to clients and investors on Monday, AnalystRatings.com reports.

DG has been the topic of a number of other research reports. Guggenheim reissued a “buy” rating and set a $165.00 price objective on shares of Dollar General in a report on Monday, December 2nd. BMO Capital Markets raised their target price on Dollar General from $140.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. They noted that the move was a valuation call. Piper Jaffray Companies lifted their target price on Dollar General from $137.00 to $170.00 and gave the company an “overweight” rating in a report on Friday, August 30th. Loop Capital reiterated a “buy” rating and set a $175.00 price target (up from $156.00) on shares of Dollar General in a research report on Thursday, August 29th. Finally, UBS Group set a $175.00 price target on shares of Dollar General and gave the stock a “buy” rating in a report on Friday, August 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $162.95.

Dollar General stock opened at $154.72 on Monday. The firm has a 50 day simple moving average of $159.63 and a 200 day simple moving average of $146.85. The company has a current ratio of 1.12, a quick ratio of 0.12 and a debt-to-equity ratio of 1.57. Dollar General has a 1-year low of $98.08 and a 1-year high of $166.98. The firm has a market capitalization of $39.87 billion, a price-to-earnings ratio of 25.92, a P/E/G ratio of 2.10 and a beta of 0.51.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, December 5th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.04. Dollar General had a return on equity of 25.53% and a net margin of 6.09%. The firm had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.89 billion. During the same quarter in the prior year, the business posted $1.26 earnings per share. The business’s quarterly revenue was up 8.9% on a year-over-year basis. On average, equities research analysts forecast that Dollar General will post 6.62 EPS for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. Hudock Capital Group LLC purchased a new stake in Dollar General in the third quarter valued at approximately $28,000. San Francisco Sentry Investment Group CA increased its holdings in shares of Dollar General by 41.4% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 222 shares of the company’s stock worth $35,000 after buying an additional 65 shares during the last quarter. Prestige Wealth Management Group LLC increased its holdings in shares of Dollar General by 346.2% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 290 shares of the company’s stock worth $46,000 after buying an additional 225 shares during the last quarter. Sandy Spring Bank raised its position in shares of Dollar General by 50.0% during the 2nd quarter. Sandy Spring Bank now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 100 shares in the last quarter. Finally, Doyle Wealth Management purchased a new stake in shares of Dollar General during the 2nd quarter valued at $42,000. Hedge funds and other institutional investors own 91.71% of the company’s stock.

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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