Piper Sandler analyst Peter Keith maintained a Buy rating on Dollar Tree (DLTR – Research Report) today and set a price target of $168.00. The company’s shares closed yesterday at $128.42.
Keith covers the Consumer Cyclical sector, focusing on stocks such as Wayfair, Mister Car Wash, and Dollar Tree. According to TipRanks, Keith has an average return of 11.0% and a 54.47% success rate on recommended stocks.
Dollar Tree has an analyst consensus of Moderate Buy, with a price target consensus of $152.25, a 18.56% upside from current levels. In a report released yesterday, Citi also assigned a Buy rating to the stock with a $163.00 price target.
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DLTR market cap is currently $32.61B and has a P/E ratio of -27.78.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DLTR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Dollar Tree (DLTR) Company Description:
Dollar Tree, Inc. is a discount variety retail store operator that sells items for $1 or less. The company operates over 15,000 stores in the United States and Canada under the Dollar Tree and Family Dollar brands. It offers a wide range of quality everyday general merchandise in several categories, including candy and food, housewares, seasonal goods, health and beauty care, stationery, books, personal accessories, toys, gifts, party goods, and other consumer items.
Read More on DLTR:
- DLTR Earnings: Dollar Tree Misses Q4 Estimates, Store Closures Ahead
- Dollar Tree Earnings: DLTR Stocks Dive as Q4 Results Miss Expectations
- Options Volatility and Implied Earnings Moves Today, March 13, 2024
- Dollar Tree’s Transparent Financial Performance Overview
- Dollar Tree expects to close ~600 Family Dollar stores in 1H24
