Across the recent three months, 12 analysts have shared their insights on Dollar Gen DG, expressing a variety of opinions spanning from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 3 | 8 | 1 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 7 | 1 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Dollar Gen, revealing an average target of $132.5, a high estimate of $160.00, and a low estimate of $108.00. This current average has increased by 8.61% from the previous average price target of $122.00.
Exploring Analyst Ratings: An In-Depth Overview
The standing of Dollar Gen among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Simeon Gutman | Morgan Stanley | Raises | Overweight | $160.00 | $130.00 |
| Karen Short | Barclays | Raises | Overweight | $154.00 | $124.00 |
| Scot Ciccarelli | Truist Securities | Raises | Hold | $125.00 | $117.00 |
| Peter Keith | Piper Sandler | Raises | Neutral | $127.00 | $114.00 |
| Matthew Boss | JP Morgan | Raises | Underweight | $108.00 | $107.00 |
| Scot Ciccarelli | Truist Securities | Raises | Hold | $117.00 | $116.00 |
| Simeon Gutman | Morgan Stanley | Raises | Equal-Weight | $130.00 | $125.00 |
| Paul Lejuez | Citigroup | Raises | Neutral | $138.00 | $115.00 |
| Joseph Feldman | Telsey Advisory Group | Raises | Market Perform | $135.00 | $124.00 |
| Edward Kelly | Wells Fargo | Raises | Equal-Weight | $122.00 | $110.00 |
| Joseph Feldman | Telsey Advisory Group | Maintains | Market Perform | $124.00 | - |
| Bobby Griffin | Raymond James | Lowers | Outperform | $150.00 | $160.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Dollar Gen. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Dollar Gen compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Dollar Gen's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Dollar Gen's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Dollar Gen analyst ratings.
Delving into Dollar Gen's Background
With over 19,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or lower.
Dollar Gen: A Financial Overview
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Dollar Gen's revenue growth over a period of 3 months has been noteworthy. As of 31 October, 2023, the company achieved a revenue growth rate of approximately 2.42%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Staples sector.
Net Margin: Dollar Gen's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.85% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.33%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.91%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Dollar Gen's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.8, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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