Dollar General (DG) to Release Quarterly Earnings on Thursday

Dollar General (NYSE:DG) is expected to announce its earnings results before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of $1.50 per share and revenue of $10.26 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Dollar General Price Performance

Dollar General stock opened at $78.71 on Wednesday. The company’s fifty day moving average price is $73.54 and its 200 day moving average price is $78.72. Dollar General has a 1 year low of $66.43 and a 1 year high of $168.07. The stock has a market capitalization of $17.31 billion, a P/E ratio of 12.97, a P/E/G ratio of 2.18 and a beta of 0.44. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on DG shares. Morgan Stanley dropped their price target on shares of Dollar General from $100.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Barclays dropped their price target on shares of Dollar General from $102.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 9th. The Goldman Sachs Group lowered their target price on shares of Dollar General from $104.00 to $93.00 and set a “buy” rating on the stock in a research note on Thursday, January 23rd. Telsey Advisory Group lowered their target price on shares of Dollar General from $88.00 to $85.00 and set a “market perform” rating on the stock in a research note on Thursday, March 6th. Finally, Jefferies Financial Group lowered their target price on shares of Dollar General from $110.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Dollar General has an average rating of “Hold” and a consensus target price of $95.09.

Insider Activity at Dollar General

In related news, EVP Emily C. Taylor sold 4,740 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $77.44, for a total value of $367,065.60. Following the sale, the executive vice president now directly owns 15,575 shares in the company, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael M. Calbert sold 6,000 shares of the business’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total transaction of $451,620.00. Following the sale, the director now owns 120,322 shares in the company, valued at $9,056,636.94. This trade represents a 4.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.49% of the stock is owned by insiders.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.