Dollar General Corporation (NYSE: DG) has reported earnings for its fourth fiscal quarter (ending January 31) of $1.83 versus $2.97 for the same period a year ago — a decline of -38%. Relative to the consensus estimate of $1.73, this was a premium of $0.10. E.P.S. were $7.57 for the latest four quarters through January 31 versus $10.73 for the same period a year ago — a decline of -29%.
Recent Price Action
On 3/14/24, Dollar General Corporation (NYSE: DG) stock suffered a large decline of -5.1%, closing at $150.06. Moreover, exceptionally high trading volume at 387% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -3.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DG is expected to continue to be a major Value Builder.
Dollar General has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Dollar General has a neutral Power Rating of 43 but a poor Appreciation Score of 29, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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