Dollar Tree Inc. (NASDAQ:DLTR) – Stock analysts at Jefferies Group raised their FY2019 earnings per share (EPS) estimates for Dollar Tree in a research report issued to clients and investors on Wednesday. Jefferies Group analyst D. Binder now expects that the brokerage will post earnings per share of $4.80 for the year, up from their previous forecast of $4.78. Jefferies Group currently has a “Hold” rating and a $80.00 target price on the stock.

A number of other brokerages have also recently issued reports on DLTR. Buckingham Research reaffirmed a “buy” rating and issued a $117.00 price objective (up from $106.00) on shares of Dollar Tree in a research note on Monday. Barclays PLC set a $84.00 price objective on shares of Dollar Tree and gave the company a “hold” rating in a research note on Wednesday, November 23rd. Credit Suisse Group AG set a $75.00 price objective on shares of Dollar Tree and gave the company a “sell” rating in a research note on Tuesday, November 22nd. Deutsche Bank AG reaffirmed a “buy” rating and issued a $96.00 price objective on shares of Dollar Tree in a research note on Friday, November 18th. Finally, Johnson Rice raised shares of Dollar Tree from a “hold” rating to an “accumulate” rating in a research note on Tuesday, November 15th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $91.73.

Earnings History and Estimates for Dollar Tree (NASDAQ:DLTR)

ILLEGAL ACTIVITY WARNING: “Jefferies Group Weighs in on Dollar Tree Inc.’s FY2019 Earnings (DLTR)” was first posted by Financial Market News and is the propert of of Financial Market News. If you are reading this article on another site, it was stolen and reposted in violation of U.S. & international trademark & copyright laws. The original version of this article can be viewed at http://www.financial-market-news.com/jefferies-group-weighs-in-on-dollar-tree-inc-s-fy2019-earnings-dltr/1209076/.

Shares of Dollar Tree (NASDAQ:DLTR) traded up 0.10% during mid-day trading on Monday, reaching $89.67. 3,036,037 shares of the company’s stock traded hands. Dollar Tree has a 52 week low of $72.52 and a 52 week high of $99.93. The firm has a market cap of $21.14 billion, a price-to-earnings ratio of 26.37 and a beta of 0.57. The company’s 50 day moving average is $78.37 and its 200-day moving average is $86.03.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Tuesday, November 22nd. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.03. Dollar Tree had a net margin of 3.93% and a return on equity of 17.15%. The company had revenue of $5 billion for the quarter, compared to the consensus estimate of $5.08 billion. During the same period in the previous year, the business earned $0.49 EPS. The company’s revenue was up 1.1% on a year-over-year basis.

In other Dollar Tree news, Director Lemuel E. Lewis acquired 1,560 shares of the company’s stock in a transaction on Tuesday, September 13th. The stock was acquired at an average price of $80.00 per share, for a total transaction of $124,800.00. Following the purchase, the director now directly owns 11,029 shares of the company’s stock, valued at $882,320. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Barry W. Sullivan sold 2,449 shares of Dollar Tree stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $83.21, for a total transaction of $203,781.29. Following the completion of the sale, the insider now owns 8,904 shares of the company’s stock, valued at approximately $740,901.84. The disclosure for this sale can be found here. Corporate insiders own 4.10% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Jefferies Group Weighs in on Dollar Tree Inc.’s FY2019 Earnings (DLTR)” was first posted by Financial Market News and is the propert of of Financial Market News. If you are reading this article on another site, it was stolen and reposted in violation of U.S. & international trademark & copyright laws. The original version of this article can be viewed at http://www.financial-market-news.com/jefferies-group-weighs-in-on-dollar-tree-inc-s-fy2019-earnings-dltr/1209076/.

Hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC boosted its stake in shares of Dollar Tree by 1,439.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,062 shares of the company’s stock valued at $100,000 after buying an additional 993 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Dollar Tree during the second quarter valued at approximately $108,000. Signaturefd LLC boosted its position in shares of Dollar Tree by 1.5% in the second quarter. Signaturefd LLC now owns 1,266 shares of the company’s stock valued at $119,000 after buying an additional 19 shares during the last quarter. Tredje AP fonden purchased a new position in shares of Dollar Tree during the second quarter valued at approximately $120,000. Finally, Global X Management Co. LLC boosted its position in shares of Dollar Tree by 121.0% in the second quarter. Global X Management Co. LLC now owns 1,423 shares of the company’s stock valued at $134,000 after buying an additional 779 shares during the last quarter. Institutional investors and hedge funds own 94.35% of the company’s stock.

Dollar Tree Company Profile

Dollar Tree, Inc is an operator of discount variety stores. The Company operates approximately 13,851 discount variety retail stores. The Company’s segments include Dollar Tree and Family Dollar. The Dollar Tree segment operates discount variety stores offering merchandise at a fixed price. The Family Dollar segment operates a chain of general merchandise retail discount stores providing consumers with a selection of merchandise in neighborhood stores.

5 Day Chart for NASDAQ:DLTR

Receive News & Ratings for Dollar Tree Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree Inc. and related companies with MarketBeat.com's FREE daily email newsletter.