Stock Rating Downgrade
In recent days the Value Trend Rating for Dollar Tree Inc (NASDAQ: DLTR) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 3/18/24, Dollar Tree Inc (NASDAQ: DLTR) stock declined slightly by -0.1%, closing at $127.25. Moreover, trading volume in this decline was exceptionally high at 223% of normal. The stock has performed in line with the market over the last nine months and has declined -14.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, DLTR is expected to continue to be a major Value Builder.
Dollar Tree has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Dollar Tree has a poor Appreciation Score of 16 but a slightly positive Power Rating of 60, producing the Negative Value Trend Rating.
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