Dollar General (NYSE:DG) Posts Quarterly Earnings Results, Beats Estimates By $0.33 EPS

Dollar General (NYSE:DG) released its earnings results on Thursday. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.33, FiscalAI reports. Dollar General had a net margin of 2.86% and a return on equity of 17.97%. The business had revenue of $10.65 billion for the quarter, compared to the consensus estimate of $10.60 billion. Dollar General updated its FY 2025 guidance to 6.300-6.500 EPS.

Dollar General Trading Up 0.1%

DG opened at $110.13 on Thursday. The company has a quick ratio of 0.27, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $24.24 billion, a price-to-earnings ratio of 20.39, a P/E/G ratio of 2.69 and a beta of 0.27. The company has a 50-day simple moving average of $102.63 and a 200 day simple moving average of $107.07. Dollar General has a twelve month low of $66.43 and a twelve month high of $117.95.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Evercore ISI boosted their price objective on shares of Dollar General from $100.00 to $105.00 and gave the company an “in-line” rating in a research report on Tuesday. Morgan Stanley boosted their price objective on shares of Dollar General from $115.00 to $125.00 and gave the stock an “equal weight” rating in a report on Friday, August 29th. Wells Fargo & Company increased their price target on Dollar General from $105.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Friday, August 29th. Raymond James Financial raised their price target on shares of Dollar General from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $123.00 price target on shares of Dollar General in a research note on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $117.82.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Brooks Moore & Associates Inc. increased its holdings in shares of Dollar General by 1.3% during the third quarter. Brooks Moore & Associates Inc. now owns 7,590 shares of the company’s stock worth $784,000 after buying an additional 100 shares in the last quarter. Ruggaard & Associates LLC lifted its stake in Dollar General by 5.1% in the second quarter. Ruggaard & Associates LLC now owns 2,691 shares of the company’s stock valued at $308,000 after buying an additional 130 shares during the period. United Capital Financial Advisors LLC boosted its position in shares of Dollar General by 1.8% during the 3rd quarter. United Capital Financial Advisors LLC now owns 10,291 shares of the company’s stock worth $1,064,000 after purchasing an additional 181 shares in the last quarter. Brown Brothers Harriman & Co. increased its stake in Dollar General by 26.2% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 897 shares of the company’s stock valued at $93,000 after purchasing an additional 186 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its stake in shares of Dollar General by 2.1% in the third quarter. Quadrant Capital Group LLC now owns 9,142 shares of the company’s stock worth $945,000 after purchasing an additional 188 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

About Dollar General

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.