While Dollar General Corp has overperformed by 0.66%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DG fell by -46.20%, with highs and lows ranging from $168.07 to $66.43, whereas the simple moving average fell by -22.71% in the last 200 days.
On December 06, 2024, BofA Securities Upgraded Dollar General Corp (NYSE: DG) to Buy. A report published by Telsey Advisory Group on December 06, 2024, Reiterated its previous ‘Market Perform’ rating for DG. Bernstein also rated DG shares as ‘Outperform’, setting a target price of $98 on the company’s shares in an initiating report dated October 22, 2024. Citigroup September 27, 2024d the rating to Sell on September 27, 2024, and set its price target from $91 to $73. Telsey Advisory Group August 30, 2024d its ‘Outperform’ rating to ‘Market Perform’ for DG, as published in its report on August 30, 2024. Morgan Stanley’s report from August 30, 2024 suggests a price prediction of $100 for DG shares, giving the stock a ‘Equal-Weight’ rating. Gordon Haskett also rated the stock as ‘Hold’.
Analysis of Dollar General Corp (DG)
Investors in Dollar General Corp will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $2.36 per share. Further, the quarter-over-quarter increase in sales is 5.05%, showing a positive trend in the upcoming months.
One of the most important indicators of Dollar General Corp’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 19.37% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.15, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and DG is recording 3.75M average volume. On a monthly basis, the volatility of the stock is set at 2.62%, whereas on a weekly basis, it is put at 3.19%, with a gain of 3.14% over the past seven days. Furthermore, long-term investors anticipate a median target price of $86.85, showing growth from the present price of $76.13, which can serve as yet another indication of whether DG is worth investing in or should be passed over.
How Do You Analyze Dollar General Corp Shares?
The Discount Stores market is dominated by Dollar General Corp (DG) based in the USA. When comparing Dollar General Corp shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 12.54, there is a growth in quarterly earnings of -28.92%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.30%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 94.56% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DG shares are owned by institutional investors to the tune of 94.56% at present.
