Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Dollar Tree Inc (NASDAQ: DLTR) weakened during the last several trading days. DLTR’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Dollar Tree Inc (NASDAQ: DLTR) stock declined slightly by -0.7% on 6/21/24. The stock closed at $106.87. Moreover, this decline was accompanied by exceptionally high trading volume at 203% of normal. The stock has performed in line with the market over the last nine months and has declined -1.8% during the last week.
Current PriceTarget Research Rating
DLTR is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Dollar Tree has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Dollar Tree has a neutral Power Rating of 41 and a slightly negative Appreciation Score of 40, with the Negative Value Trend Rating the result.
Be the first to comment