I hope you're being sarcastic. MHO. High 70s sell looking pretty good right now. And I'll just take that money and add in the 50s if she goes there.
Over past few weeks (when Fed held rates low) there has been worries of a softening
economy.......when this occurs the low income/dollar stores hit hard first.
When additional econ data is released showing the economy is not going into a negative
growth rate, then DLTR will pop back up higher...
Maybe you trade too often....just MHO
I would not have sold in the high $ 70s over time DLTR
will be much higher
Maybe DLTR closes under $ 62 this afternoon...???
That's a strong long-term entry level..!!
Along with revenue is increased debt. Generally companies that merge will encounter issues that will accumulate expenses of some sort, thus markets don't often approve of mergers. How many mergers are smooth transitions? I know my company had no smooth transition no matter how many corporate emails were sent to employees telling us nothing would change.
I did my due-diligence based on the financial report data. What can you offer? I don't claim to have the answers, but I do have that theory which has served me well in the past. I can wait. If I am wrong, I find something else to evaluate. I know two insiders bought and that is unprecedented in this company, but ... I know like it sounds as if I am talking the price down, but I justified my calculations.
But you're not including the increase in stores from merger and thus increased revenue. Hello? Not to mention reduced competition.
EPS Trends Current Qtr.
Oct 15 Next Qtr.
Jan 16 Current Year
Jan 16 Next Year
Current Estimate 0.56 1.15 2.78 3.89
7 Days Ago 0.56 1.15 2.78 3.89
30 Days Ago 0.58 1.17 2.80 3.93
60 Days Ago 0.75 1.25 3.40 4.23
90 Days Ago 0.75 1.29 3.40 4.28
I am cranking the numbers based on the old company shares. I don't know how earnings is influenced by the merger. Their is probably more than one way to evaluate the share price.
I might be able to help. I was curious too. Last year the low price for the stock was $50 on Feb 2014. At the time, the number of shares was approximately 205.6M according to the annual report. Using $50 and 205.6 to establish capitalization value, we get 205.6 M * $ 50 = $10280. Then DLTR merged with the other company . If you look at the last quarterly, not annual report, their number of shares recently increased 34 M to 234M shares., but we don't know the low yet. Based on last years low capitalization value of $10280, divide that number by the current number of shares or 234M. You get $10280/234 = $43.93 I got spanked on a stock that behaved in similar manner when shares increased unknown to me too.
I did sell about 1/4 of my position in the high 70s though. Guess I should have sold a little more. At least I took some profits.
I've been holding and adding since 2011... so I'm really not that concerned. If it holds in low 60s, great. If it dips into the high/mid 50s, then I'll be adding again.
Why did I even touch DLTR? If it wasn?t for the guys at Ultimate Stock Alerts (find them in Google search) I would have lost more money
Average EPS growth rate between 2015 through 2017 is only 12% per year. Analysts made huge mistake in EPS estimates when merge was in process.
I'm not sure you'll get it for much lower than the low 60s. But there sure seems like a lot of pressure today.