Dollar General Corp to Release 3rd Quarter Results for Fiscal 2017
- By Alberto Abaterusso
On Dec. 7, Dollar General Corp. (DG) will release results for its third quarter of fiscal 2017. The figures will be released by the low-cost retail chain company before the market opens.
Consensus on earnings is for a figure of 94 cents, a 5.6% increase year over year, which is a mean of 26 estimates of 91 cents (low) to 97 cents (high) range.
Warning! GuruFocus has detected 3 Warning Sign with DG. Click here to check it out.
The intrinsic value of DG
Source: Yahoo finance
Third quarter revenue is expected to come in at $5.8 billion. This a mean of 23 estimates for a $5.72 (low) to $5.87 (high) range.
Source: Yahoo Finance
From the same quarter of the previous fiscal year, analysts foresee a 9% increase in Dollar General"s sales, which, if the company will either meet or even exceed expectations, will mark another progression in the U.S. retail chain company"s quarterly sales that started in the second quarter of this year, as it is illustrated in the chart below:
Dollar General is currently trading at $87.98 per share and it is trading its (ttm) sales at 1.07 times versus an industry median of 0.49 times.
The stock has a price-earnings (P/E) ratio of 19.90 versus an industry median of 19.33 and a price-book (P/B) ratio of 4.23 versus an industry median of 1.85.
Dollar General is up trending and it has gained 19% year to date:
The 52-week range is $65.97 to $89.80, which means that Dollar General is now trading approximately $2 below its highest point.
Dollar General distributes an annual dividend of $1.04 through quarterly payments of 26 cents to its shareholders for a 1.18% yield versus an industry median of 1.98% and versus an S&P 500 current dividend yield of 1.83%.
Dollar General has a recommendation rating of 2.5 out of 5; however, with a price target (average) of $84.61, analysts forecast a 3.8% decline in the current market value. The latter is $24.04 billion for a total number of shares outstanding of 273.26 billion.
Among the top institutional holders of the company, T. Rowe Price Associates Inc. stands out with 26,626,867 shares held, or 9.74%, which are valued $2.13 billion as of Sept. 29, 2017.
GuruFocus gives Dollar General a financial strength rating of 6 out of 10 and a profitability & growth rating of 8 out of 10.
Disclosure: I have no positions in Dollar General.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 3 Warning Sign with DG. Click here to check it out.
The intrinsic value of DG
