Dollar General (NYSE:DG) Price Target Lowered to $140.00 at Gordon Haskett

Dollar General (NYSE:DG) had its price target dropped by investment analysts at Gordon Haskett from $160.00 to $140.00 in a report issued on Wednesday,MarketScreener reports. Gordon Haskett’s target price would indicate a potential upside of 19.79% from the stock’s current price.

DG has been the topic of several other reports. Loop Capital boosted their price target on Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Piper Sandler raised their price objective on shares of Dollar General from $132.00 to $133.00 and gave the stock a “neutral” rating in a research report on Friday, March 13th. Rothschild & Co Redburn upgraded shares of Dollar General to a “strong sell” rating in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft raised shares of Dollar General from a “hold” rating to a “buy” rating and set a $170.00 target price on the stock in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. raised their price target on shares of Dollar General from $166.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, January 9th. Thirteen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dollar General has an average rating of “Hold” and a consensus target price of $145.00.

Dollar General Stock Performance

Shares of Dollar General stock opened at $116.87 on Wednesday. The business has a 50-day moving average price of $129.37 and a two-hundred day moving average price of $128.01. Dollar General has a 1-year low of $86.25 and a 1-year high of $158.23. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. The company has a market cap of $25.74 billion, a P/E ratio of 17.07, a PEG ratio of 1.85 and a beta of 0.28.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The company had revenue of $10.91 billion for the quarter, compared to the consensus estimate of $10.78 billion. During the same period in the previous year, the business earned $0.87 EPS. The firm’s revenue was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, analysts anticipate that Dollar General will post 7.29 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Dollar General by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after acquiring an additional 1,185 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Dollar General by 12.3% in the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after purchasing an additional 1,148 shares during the last quarter. Woodline Partners LP raised its holdings in shares of Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after purchasing an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Dollar General during the second quarter valued at about $211,000. Finally, Jump Financial LLC bought a new position in shares of Dollar General during the second quarter valued at about $209,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Company Profile

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.