Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Dollar General Corporation (DG) - $25 value - yours FREE >>
The Children's Place, Inc. (PLCE) - $25 value - yours FREE >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Dollar General Corporation (DG) - $25 value - yours FREE >>
The Children's Place, Inc. (PLCE) - $25 value - yours FREE >>
Image: Bigstock
Dollar General Hits 52-Week High: Are You Part of the Rally?
Shares of Dollar General Corporation (DG - Free Report) hit a 52-week high of $90.06 on May 27 buoyed by its first-quarter fiscal 2016 results. So, were you part of the rally? Even if you were not, there is still time to get into the race. The stock looks sturdy, backed by sound fundamentals and a track record of better-than-expected bottom-line results. Moreover, it may not be a surprise if it touches another 52-week high within a short period.
Dollar General looks promising with a long-term earnings growth rate of 14.7%. We believe that the company’s commitment toward better price management, merchandise, cost containment and operational initiatives, bode well. This is evident from its first-quarter results, wherein earnings of $1.03 per share beat the Zacks Consensus Estimate of 94 cents and surged 22.6% from the year-ago quarter.
This was the fifth straight quarter in which the company posted a positive earnings surprise. In the trailing four quarters, it outperformed the Zacks Consensus Estimate by an average of 3.5%. Net sales came in at $5,265.4 million and increased 7% from the prior-year quarter.
Dollar General, in the recent past, had highlighted its long-term growth model. This includes earnings per share annual growth target of 10–15% and net sales increase of 7–10%, including square footage growth of 6–8% and comparable-store sales growth of 2–4%.
DOLLAR GENERAL Price, Consensus and EPS Surprise
DOLLAR GENERAL Price, Consensus and EPS Surprise | DOLLAR GENERAL Quote
Zacks Rank
Dollar General carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the retail sector include Delta Apparel Inc. (DLA - Free Report) , sporting a Zacks Rank #1 (Strong Buy), and The Children's Place, Inc. (PLCE - Free Report) and Carter's, Inc. (CRI - Free Report) , both holding a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>