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Dollar Tree (DLTR) Stock Moves -0.99%: What You Should Know
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Dollar Tree (DLTR - Free Report) closed at $85.01 in the latest trading session, marking a -0.99% move from the prior day. This change was narrower than the S&P 500's 2.08% loss on the day. Meanwhile, the Dow lost 2.11%, and the Nasdaq, a tech-heavy index, lost 2.27%.
Coming into today, shares of the discount retailer had gained 0.4% in the past month. In that same time, the Retail-Wholesale sector lost 4.18%, while the S&P 500 lost 3.6%.
Wall Street will be looking for positivity from DLTR as it approaches its next earnings report date. This is expected to be March 6, 2019. The company is expected to report EPS of $1.92, up 1.59% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $6.18 billion, down 2.78% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $5.45 per share and revenue of $22.81 billion, which would represent changes of +12.14% and +2.54%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for DLTR. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 past month, the Zacks Consensus EPS estimate has moved 0.88% lower. DLTR is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, DLTR currently has a Forward P/E ratio of 15.75. This represents a discount compared to its industry's average Forward P/E of 18.49.
We can also see that DLTR currently has a PEG ratio of 1.14. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Discount Stores stocks are, on average, holding a PEG ratio of 1.46 based on yesterday's closing prices.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 184, putting it in the bottom 28% 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.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Dollar Tree (DLTR) Stock Moves -0.99%: What You Should Know
Dollar Tree (DLTR - Free Report) closed at $85.01 in the latest trading session, marking a -0.99% move from the prior day. This change was narrower than the S&P 500's 2.08% loss on the day. Meanwhile, the Dow lost 2.11%, and the Nasdaq, a tech-heavy index, lost 2.27%.
Coming into today, shares of the discount retailer had gained 0.4% in the past month. In that same time, the Retail-Wholesale sector lost 4.18%, while the S&P 500 lost 3.6%.
Wall Street will be looking for positivity from DLTR as it approaches its next earnings report date. This is expected to be March 6, 2019. The company is expected to report EPS of $1.92, up 1.59% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $6.18 billion, down 2.78% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $5.45 per share and revenue of $22.81 billion, which would represent changes of +12.14% and +2.54%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for DLTR. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 past month, the Zacks Consensus EPS estimate has moved 0.88% lower. DLTR is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, DLTR currently has a Forward P/E ratio of 15.75. This represents a discount compared to its industry's average Forward P/E of 18.49.
We can also see that DLTR currently has a PEG ratio of 1.14. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Discount Stores stocks are, on average, holding a PEG ratio of 1.46 based on yesterday's closing prices.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 184, putting it in the bottom 28% 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.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.