Alert: Negative Investment/Fundamental Signals (9/13/24)-Dollar General Corporation (NYSE: DG)

out_logo_500#06073.jpg

Dollar General Corporation (NYSE: DG) has recently experienced meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, the consensus estimate for January, 2024 decreased significantly, and the consensus estimate for January, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted Dollar General Corporation (NYSE: DG): negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

out_mm#06073.jpg

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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Dollar General has a slightly positive Appreciation Score of 62 but a very low Power Rating of 5, and the Negative Value Trend Rating results.

Recent Price Action

On 9/13/24, Dollar General Corporation (NYSE: DG) stock increased 1.9%, closing at $84.75. This advance was accompanied by normal trading volume. The stock has risen 5.4% during the last week but has been weak relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.


*