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Dollar General (DG) in Focus: Stock Moves 7.2% Higher

Zacks Equity Research

Dollar General Corporation DG was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.  This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $117.28 to $124.70 in the past one-month time frame.

The move came after the company reported better-than-expected fiscal first-quarter 2019 results.

The company has seen a mixed track record when it comes to estimate revision of one increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Dollar General currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Dollar General Corporation Price

Dollar General Corporation Price

Dollar General Corporation price | Dollar General Corporation Quote

A better-ranked stock in the Retail - Discount Stores industry may consider PriceSmart, Inc. PSMT, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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