Dollar General Corporation (NYSE: DG) has reported earnings for its second fiscal quarter (ending July 31) of $1.70 versus $2.14 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $6.44 versus $9.79 for the same period a year ago.
Recent Price Action
Dollar General Corporation (NYSE: DG) stock closed at $84.03 on 8/29/24 after a major decline of -32.1%. Moreover, trading volume in this decline was exceptionally high at 1322% of normal. The stock has declined -32.1% during the last week and has been weak relative to the market over the last nine months.
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 D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Dollar General has a neutral Appreciation Score of 43 and a slightly negative Power Rating of 32, and the Negative Value Trend Rating results.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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