Wall Street brokerages predict that Dollar Tree (NASDAQ:DLTR) will post earnings per share (EPS) of $1.25 for the current fiscal quarter, Zacks reports. Eight analysts have provided estimates for Dollar Tree’s earnings, with estimates ranging from $1.18 to $1.39. Dollar Tree reported earnings of $0.98 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 27.6%. The firm is scheduled to announce its next earnings report on Thursday, May 24th.

On average, analysts expect that Dollar Tree will report full year earnings of $5.74 per share for the current year, with EPS estimates ranging from $5.43 to $6.45. For the next financial year, analysts forecast that the company will report earnings of $6.40 per share, with EPS estimates ranging from $5.95 to $6.75. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for Dollar Tree.

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Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Wednesday, March 7th. The company reported $1.89 EPS for the quarter, missing the Zacks’ consensus estimate of $1.90 by ($0.01). The business had revenue of $6.36 billion during the quarter, compared to analyst estimates of $6.39 billion. Dollar Tree had a net margin of 7.71% and a return on equity of 18.68%. Dollar Tree’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter last year, the company earned $1.36 earnings per share.

A number of equities research analysts have recently commented on DLTR shares. ValuEngine cut shares of Dollar Tree from a “buy” rating to a “hold” rating in a research report on Tuesday. BidaskClub cut shares of Dollar Tree from a “buy” rating to a “hold” rating in a research report on Thursday, March 1st. Loop Capital reiterated a “hold” rating and issued a $92.00 target price (down from $100.00) on shares of Dollar Tree in a research report on Wednesday, March 7th. BMO Capital Markets dropped their price objective on shares of Dollar Tree from $115.00 to $97.00 and set a “hold” rating for the company in a report on Thursday, March 8th. Finally, Wells Fargo reissued an “outperform” rating and issued a $128.00 price objective (down previously from $138.00) on shares of Dollar Tree in a report on Tuesday, February 27th. Nine research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $108.39.

In other Dollar Tree news, Director Arnold S. Barron sold 6,023 shares of the stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $94.49, for a total transaction of $569,113.27. Following the completion of the transaction, the director now owns 26,667 shares of the company’s stock, valued at $2,519,764.83. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Conrad M. Hall bought 10,000 shares of the stock in a transaction on Friday, March 9th. The shares were bought at an average cost of $91.83 per share, with a total value of $918,300.00. Following the purchase, the director now owns 799 shares of the company’s stock, valued at $73,372.17. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 14,861 shares of company stock valued at $1,398,752. 2.90% of the stock is currently owned by insiders.

A number of hedge funds have recently made changes to their positions in DLTR. Vident Investment Advisory LLC purchased a new position in Dollar Tree during the third quarter worth about $1,057,000. Janus Henderson Group PLC boosted its stake in shares of Dollar Tree by 34.9% in the third quarter. Janus Henderson Group PLC now owns 63,524 shares of the company’s stock valued at $5,515,000 after purchasing an additional 16,434 shares during the period. California Public Employees Retirement System boosted its stake in shares of Dollar Tree by 1.0% in the third quarter. California Public Employees Retirement System now owns 538,155 shares of the company’s stock valued at $46,723,000 after purchasing an additional 5,375 shares during the period. IFM Investors Pty Ltd purchased a new position in shares of Dollar Tree in the third quarter valued at approximately $585,000. Finally, Greenlight Capital Inc. purchased a new position in shares of Dollar Tree in the third quarter valued at approximately $7,631,000. 90.89% of the stock is owned by institutional investors.

Shares of NASDAQ DLTR opened at $97.55 on Friday. The stock has a market capitalization of $23,052.45, a PE ratio of 19.94, a price-to-earnings-growth ratio of 1.16 and a beta of 0.83. The company has a quick ratio of 0.49, a current ratio of 1.60 and a debt-to-equity ratio of 0.66. Dollar Tree has a 52 week low of $65.63 and a 52 week high of $116.65.

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Dollar Tree Company Profile

Dollar Tree, Inc operates discount variety retail stores in the United States and Canada. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise.

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

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