Dollar Tree Inc (NASDAQ: DLTR) has reported earnings for its second fiscal quarter (ending July 31) of $0.62 versus $0.91 for the same period a year ago — a decline of -32%. For the latest four quarters through July 31, E.P.S. were $-4.88 compared to $5.51 a year ago — a decline of -189%.
Recent Price Action
Dollar Tree Inc (NASDAQ: DLTR) stock closed at $63.56 on 9/4/24 after a major decline of -22.2%. Moreover, exceptionally high trading volume at 923% of normal accompanied the decline. The stock has declined -34.2% during the last week and has been extremely weak relative to 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 be above the cost of capital.
Dollar Tree has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Dollar Tree has a neutral Appreciation Score of 55 but a very low Power Rating of 9, with the Negative Value Trend Rating the result.
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.
Be the first to comment