Dollar Tree (DLTR) Receiving Somewhat Positive Media Coverage, Report Shows

News coverage about Dollar Tree (NASDAQ:DLTR) has trended somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Dollar Tree earned a news impact score of 0.06 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.1314387924276 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have effected Accern Sentiment’s scoring:

A number of equities research analysts have recently issued reports on DLTR shares. ValuEngine downgraded shares of Dollar Tree from a “buy” rating to a “hold” rating in a research report on Tuesday, April 17th. BidaskClub downgraded shares of Dollar Tree from a “buy” rating to a “hold” rating in a research report on Thursday, March 1st. Loop Capital reiterated a “hold” rating and set a $92.00 price target (down from $100.00) on shares of Dollar Tree in a research report on Wednesday, March 7th. BMO Capital Markets reduced their price target on shares of Dollar Tree from $115.00 to $97.00 and set a “hold” rating for the company in a research report on Thursday, March 8th. Finally, Wells Fargo restated an “outperform” rating and set a $128.00 price objective (down from $138.00) on shares of Dollar Tree in a research report on Tuesday, February 27th. Eleven equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $110.31.

DLTR stock traded down $1.19 during midday trading on Friday, hitting $93.10. The stock had a trading volume of 3,067,518 shares, compared to its average volume of 2,137,563. The stock has a market capitalization of $22.42 billion, a P/E ratio of 19.16, a PEG ratio of 1.13 and a beta of 0.83. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.49 and a current ratio of 1.60. Dollar Tree has a 12-month low of $65.63 and a 12-month high of $116.65.

Dollar Tree (NASDAQ:DLTR) last released its earnings results on Wednesday, March 7th. The company reported $1.89 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.90 by ($0.01). The firm had revenue of $6.36 billion during the quarter, compared to analysts’ expectations of $6.39 billion. Dollar Tree had a return on equity of 18.68% and a net margin of 7.71%. The firm’s revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.36 earnings per share. research analysts forecast that Dollar Tree will post 5.66 earnings per share for the current fiscal year.

In other Dollar Tree news, insider Robert H. Rudman sold 6,074 shares of Dollar Tree stock in a transaction that occurred on Monday, April 2nd. The shares were sold at an average price of $93.95, for a total value of $570,652.30. Following the completion of the sale, the insider now directly owns 11,170 shares of the company’s stock, valued at approximately $1,049,421.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Conrad M. Hall bought 10,000 shares of the stock in a transaction on Friday, March 9th. The stock was purchased at an average cost of $91.83 per share, with a total value of $918,300.00. Following the completion of the purchase, the director now directly owns 799 shares in the company, valued at approximately $73,372.17. The disclosure for this purchase can be found here. Insiders sold a total of 14,861 shares of company stock valued at $1,398,752 over the last ninety days. 1.50% of the stock is owned by corporate insiders.

About Dollar Tree

Dollar Tree, Inc operates discount variety retail stores in the United States and Canada. 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 products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise.

Insider Buying and Selling by Quarter for Dollar Tree (NASDAQ:DLTR)

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