Jefferies Financial Group Has Lowered Expectations for Dollar General (NYSE:DG) Stock Price

Dollar General (NYSE:DG) had its price objective cut by equities researchers at Jefferies Financial Group from $170.00 to $155.00 in a report released on Monday,MarketScreener reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s target price indicates a potential upside of 47.59% from the stock’s previous close.

A number of other equities research analysts also recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dollar General in a research report on Friday, April 10th. Truist Financial set a $139.00 target price on Dollar General in a research report on Thursday, March 12th. Sanford C. Bernstein lowered their price target on Dollar General from $150.00 to $146.00 and set an “outperform” rating for the company in a report on Wednesday, March 25th. Barclays reaffirmed an “overweight” rating on shares of Dollar General in a research note on Thursday, March 12th. Finally, Rothschild & Co Redburn cut their price objective on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a report on Monday. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $143.62.

Dollar General Price Performance

Shares of NYSE:DG opened at $105.02 on Monday. The firm has a market capitalization of $23.13 billion, a price-to-earnings ratio of 15.22, a price-to-earnings-growth ratio of 1.65 and a beta of 0.28. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. The business’s 50 day simple moving average is $122.05 and its 200-day simple moving average is $128.22. Dollar General has a 12 month low of $93.56 and a 12 month high of $158.23.

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Dollar General by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after purchasing an additional 1,185 shares during the last quarter. NewEdge Advisors LLC grew its stake in Dollar General by 12.3% during the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after buying an additional 1,148 shares during the last quarter. Woodline Partners LP increased its position in Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after buying an additional 5,373 shares during the period. Sivia Capital Partners LLC acquired a new stake in Dollar General in the second quarter worth $211,000. Finally, Jump Financial LLC bought a new stake in Dollar General in the second quarter valued at $209,000. 91.77% of the stock is owned by institutional investors and hedge funds.

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.