Stock Rating Downgrade
In the last week 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 4/8/24, Dollar Tree Inc (NASDAQ: DLTR) stock declined modestly by -1.9%, closing at $128.22. Trading volume in this decline was normal. The stock has declined -3.7% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
DLTR is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Dollar Tree 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 Tree has a slightly negative Appreciation Score of 31 and a neutral Power Rating of 54, producing the Negative Value Trend Rating.
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