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Dollar General (DG) Stock Slides as Market Rises: Facts to Know Before You Trade
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In the latest trading session, Dollar General (DG - Free Report) closed at $120.71, marking a -1.11% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.8%. On the other hand, the Dow registered a loss of 0.16%, and the technology-centric Nasdaq increased by 1.63%.
The discount retailer's shares have seen an increase of 2.37% over the last month, not keeping up with the Retail-Wholesale sector's gain of 11% and the S&P 500's gain of 8.11%.
The investment community will be paying close attention to the earnings performance of Dollar General in its upcoming release. The company is predicted to post an EPS of $1.9, indicating a 6.74% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $10.83 billion, reflecting a 3.82% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.28 per share and revenue of $44.42 billion, indicating changes of +6.28% and +3.98%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Dollar General. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.01% increase. Dollar General currently has a Zacks Rank of #3 (Hold).
Investors should also note Dollar General's current valuation metrics, including its Forward P/E ratio of 16.77. This expresses a discount compared to the average Forward P/E of 29.25 of its industry.
We can also see that DG currently has a PEG ratio of 1.98. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Retail - Discount Stores was holding an average PEG ratio of 3.09 at yesterday's closing price.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 96, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Dollar General (DG) Stock Slides as Market Rises: Facts to Know Before You Trade
In the latest trading session, Dollar General (DG - Free Report) closed at $120.71, marking a -1.11% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.8%. On the other hand, the Dow registered a loss of 0.16%, and the technology-centric Nasdaq increased by 1.63%.
The discount retailer's shares have seen an increase of 2.37% over the last month, not keeping up with the Retail-Wholesale sector's gain of 11% and the S&P 500's gain of 8.11%.
The investment community will be paying close attention to the earnings performance of Dollar General in its upcoming release. The company is predicted to post an EPS of $1.9, indicating a 6.74% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $10.83 billion, reflecting a 3.82% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.28 per share and revenue of $44.42 billion, indicating changes of +6.28% and +3.98%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Dollar General. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.01% increase. Dollar General currently has a Zacks Rank of #3 (Hold).
Investors should also note Dollar General's current valuation metrics, including its Forward P/E ratio of 16.77. This expresses a discount compared to the average Forward P/E of 29.25 of its industry.
We can also see that DG currently has a PEG ratio of 1.98. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Retail - Discount Stores was holding an average PEG ratio of 3.09 at yesterday's closing price.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 96, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.