Dollar Tree (DLTR) to Release Quarterly Earnings on Wednesday

Dollar Tree (NASDAQ:DLTR) is projected to announce its earnings results before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of $2.18 per share and revenue of $8.23 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Dollar Tree Stock Performance

Dollar Tree stock opened at $69.74 on Tuesday. The company has a market capitalization of $14.99 billion, a price-to-earnings ratio of -14.62, a PEG ratio of 2.16 and a beta of 0.91. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. Dollar Tree has a fifty-two week low of $60.49 and a fifty-two week high of $137.14. The stock has a fifty day moving average of $71.12 and a two-hundred day moving average of $70.13.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. StockNews.com raised Dollar Tree from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th. Loop Capital lifted their price objective on Dollar Tree from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. Telsey Advisory Group reissued a “market perform” rating and set a $75.00 target price on shares of Dollar Tree in a research report on Thursday, March 6th. Piper Sandler reaffirmed a “neutral” rating and set a $72.00 price target (up from $67.00) on shares of Dollar Tree in a research report on Thursday, December 5th. Finally, Jefferies Financial Group increased their price objective on shares of Dollar Tree from $70.00 to $75.00 and gave the stock a “hold” rating in a research report on Wednesday, December 4th. Sixteen investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $84.26.

About Dollar Tree

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.