Zacks Research Predicts Dollar Tree FY2028 Earnings

Dollar Tree, Inc. (NASDAQ:DLTR) – Analysts at Zacks Research issued their FY2028 EPS estimates for Dollar Tree in a research note issued on Wednesday, April 9th. Zacks Research analyst R. Lohia expects that the company will post earnings of $6.39 per share for the year. The consensus estimate for Dollar Tree’s current full-year earnings is $5.39 per share.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Wednesday, March 26th. The company reported $2.11 earnings per share for the quarter, missing the consensus estimate of $2.20 by ($0.09). The business had revenue of $5 billion for the quarter, compared to analysts’ expectations of $8.23 billion. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.55 EPS.

A number of other research analysts have also recently weighed in on the company. Telsey Advisory Group lifted their price objective on Dollar Tree from $75.00 to $82.00 and gave the company a “market perform” rating in a research report on Thursday, March 27th. JPMorgan Chase & Co. dropped their price target on shares of Dollar Tree from $88.00 to $78.00 and set a “neutral” rating for the company in a research report on Thursday, March 27th. Truist Financial set a $84.00 price objective on shares of Dollar Tree in a research report on Thursday, March 27th. Wells Fargo & Company upped their target price on shares of Dollar Tree from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Tuesday, April 1st. Finally, UBS Group decreased their price target on Dollar Tree from $105.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, March 21st. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $81.84.

Dollar Tree Price Performance

NASDAQ DLTR opened at $72.11 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. The business’s fifty day moving average is $70.86 and its 200 day moving average is $70.31. The company has a market capitalization of $15.51 billion, a PE ratio of -15.12, a price-to-earnings-growth ratio of 2.16 and a beta of 0.87. Dollar Tree has a fifty-two week low of $60.49 and a fifty-two week high of $129.63.

Insider Activity

In related news, Director William W. Douglas III purchased 701 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was bought at an average price of $75.00 per share, for a total transaction of $52,575.00. Following the completion of the transaction, the director now owns 1,377 shares in the company, valued at approximately $103,275. The trade was a 103.70 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 6.80% of the company’s stock.

Institutional Investors Weigh In On Dollar Tree

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kovitz Investment Group Partners LLC increased its position in shares of Dollar Tree by 382.7% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 6,524,870 shares of the company’s stock valued at $488,974,000 after purchasing an additional 5,173,238 shares during the last quarter. Marshall Wace LLP increased its position in Dollar Tree by 784.2% during the fourth quarter. Marshall Wace LLP now owns 4,377,366 shares of the company’s stock valued at $328,040,000 after acquiring an additional 3,882,324 shares during the last quarter. Balyasny Asset Management L.P. raised its stake in shares of Dollar Tree by 2,489.9% in the fourth quarter. Balyasny Asset Management L.P. now owns 2,621,456 shares of the company’s stock valued at $196,452,000 after acquiring an additional 2,520,237 shares during the period. Norges Bank bought a new stake in shares of Dollar Tree in the 4th quarter worth about $171,149,000. Finally, Capital International Investors lifted its holdings in shares of Dollar Tree by 30.1% in the 4th quarter. Capital International Investors now owns 8,753,693 shares of the company’s stock worth $656,000,000 after acquiring an additional 2,023,819 shares during the last quarter. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

About Dollar Tree

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.