Dollar Tree (DLTR) to Release Quarterly Earnings on Wednesday

Dollar Tree (NASDAQ:DLTR) is expected to be announcing its earnings results before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of $2.18 per share and revenue of $8.23 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Dollar Tree Price Performance

DLTR stock opened at $64.98 on Wednesday. The company has a market capitalization of $13.97 billion, a P/E ratio of -13.62, a price-to-earnings-growth ratio of 2.16 and a beta of 0.91. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. Dollar Tree has a 52-week low of $60.49 and a 52-week high of $137.14. The business has a 50-day simple moving average of $71.57 and a two-hundred day simple moving average of $70.36.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Piper Sandler restated a “neutral” rating and issued a $72.00 target price (up previously from $67.00) on shares of Dollar Tree in a research note on Thursday, December 5th. Evercore ISI cut their target price on Dollar Tree from $94.00 to $92.00 and set an “in-line” rating on the stock in a research note on Tuesday, December 3rd. Guggenheim cut their target price on Dollar Tree from $120.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday, December 6th. Jefferies Financial Group boosted their target price on Dollar Tree from $70.00 to $75.00 and gave the stock a “hold” rating in a research note on Wednesday, December 4th. Finally, Wells Fargo & Company lowered their price target on shares of Dollar Tree from $100.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, March 7th. Sixteen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $84.79.

Dollar Tree Company Profile

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.