Analyst Revises Dollar Tree, Inc. (NASDAQ:DLTR) Stock Target


Dollar Tree, Inc. (NASDAQ:DLTR) mean price target has been set at $97.330 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.760 in the near-term quarter and $3.790 for the ongoing fiscal. The market cap of Dollar Tree, Inc. was recorded at $22.68B after the stock closed at $96.235 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Dollar Tree, Inc. (NASDAQ:DLTR) has a P/E ratio of 50.149. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Dollar Tree, Inc. (NASDAQ:DLTR) PEG ratio sits at 1.340. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Dollar Tree, Inc. visibly illustrates that the 50-day MA of Dollar Tree, Inc. is $94.042, and stock is trading 2.193 or +2.332% distant from $94.042. The 200-day MA is $84.114, and this price is $12.121 or +14.411% off from current level. Dollar Tree, Inc. (NASDAQ:DLTR) 52-week high is $97.840 and the 52-week low is $60.310. This represents that if the stock moves $-1.605 points up on the chart to make a 52-week high. But, if it declines $+59.567%, then the shares price can hit a new 52-week low.

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