Alert: New Earnings Report (5/30/24)-Dollar General Corporation (NYSE: DG).

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For its first fiscal quarter (ending April 30), Dollar General Corporation (NYSE: DG) has reported E.P.S. of $1.65 compared to $2.35 a year ago. For the latest four quarters through April 30, E.P.S. were $6.88 compared to $10.66 a year ago.

Recent Price Action

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On 5/30/24, Dollar General Corporation (NYSE: DG) stock suffered a large decline of -8.1%, closing at $127.94. Moreover, trading volume in this decline was exceptionally high at 434% of normal. Relative to the market the stock has been strong over the last nine months but has declined -10.3% during the last week.

Current PriceTarget Research Rating

DG is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Dollar General has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Dollar General has a slightly negative Appreciation Score of 33 but a good Power Rating of 74, triggering the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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