Equities research analysts at BMO Capital Markets started coverage on shares of Dollar General (NYSE:DG) in a research report issued on Thursday, Marketbeat.com reports. The firm set an “outperform” rating and a $115.50 price target on the stock. BMO Capital Markets’ price target indicates a potential downside of 0.48% from the company’s previous close.

Several other brokerages have also recently issued reports on DG. JPMorgan Chase & Co. lifted their price target on Dollar General to $123.00 and gave the company an “overweight” rating in a research report on Wednesday. Zacks Investment Research cut Dollar General from a “buy” rating to a “hold” rating in a research report on Wednesday, November 28th. Credit Suisse Group set a $108.00 price target on Dollar General and gave the company a “hold” rating in a research report on Monday, November 26th. Buckingham Research assumed coverage on Dollar General in a research report on Tuesday, September 25th. They set a “buy” rating and a $125.00 price target on the stock. Finally, Morgan Stanley set a $115.00 price target on Dollar General and gave the company a “buy” rating in a research report on Wednesday, December 26th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $111.61.

DG opened at $116.06 on Thursday. Dollar General has a 12 month low of $85.54 and a 12 month high of $118.45. The company has a market capitalization of $30.36 billion, a P/E ratio of 25.85, a price-to-earnings-growth ratio of 1.35 and a beta of 0.76. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 1.55.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Tuesday, December 4th. The company reported $1.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.26. Dollar General had a return on equity of 24.03% and a net margin of 7.24%. The company had revenue of $6.42 billion for the quarter, compared to analysts’ expectations of $6.38 billion. During the same period last year, the firm earned $0.93 EPS. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. As a group, research analysts expect that Dollar General will post 6.01 earnings per share for the current fiscal year.

In other news, EVP Robert D. Ravener sold 32,492 shares of the firm’s stock in a transaction on Tuesday, January 8th. The stock was sold at an average price of $111.63, for a total value of $3,627,081.96. Following the completion of the sale, the executive vice president now owns 33,307 shares of the company’s stock, valued at $3,718,060.41. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.41% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Advocacy Wealth Management Services LLC boosted its position in Dollar General by 96.4% during the fourth quarter. Advocacy Wealth Management Services LLC now owns 271 shares of the company’s stock valued at $29,000 after purchasing an additional 133 shares during the last quarter. Carroll Financial Associates Inc. boosted its position in Dollar General by 70.5% during the fourth quarter. Carroll Financial Associates Inc. now owns 735 shares of the company’s stock valued at $83,000 after purchasing an additional 304 shares during the last quarter. North Star Investment Management Corp. boosted its position in Dollar General by 28.0% during the fourth quarter. North Star Investment Management Corp. now owns 960 shares of the company’s stock valued at $104,000 after purchasing an additional 210 shares during the last quarter. SRS Capital Advisors Inc. acquired a new stake in Dollar General during the third quarter valued at $107,000. Finally, Signaturefd LLC boosted its position in Dollar General by 74.0% during the third quarter. Signaturefd LLC now owns 1,521 shares of the company’s stock valued at $166,000 after purchasing an additional 647 shares during the last quarter. 95.04% of the stock is owned by institutional investors and hedge funds.

Dollar General Company Profile

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

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Analyst Recommendations for Dollar General (NYSE:DG)

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