|Bid||124.37 x 900|
|Ask||124.39 x 1300|
|Day's Range||122.64 - 124.42|
|52 Week Range||86.87 - 124.83|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||20.82|
|Earnings Date||May 29, 2019 - Jun 3, 2019|
|Forward Dividend & Yield||1.19 (1.00%)|
|1y Target Est||122.23|
A member of one of Nashville's most prominent business families says Nashville has "solved a lot of great problems in the past, but the next five years worry me a lot."
In fact, these factors collectively have aided Costco (COST) in sustaining impressive comparable sales run. The company is committed toward ramping up investments in the wake of rising competition.
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far more than 100% on a really good stock. For instance, the price of Dollar General Corporation (NYSE:DG) stock...
That said, let's check out the probability of four discount retailers to beat earnings estimates this this reporting cycle.
Dollar General (DG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Everything you think you know about REITs? Forget it before you put Realty Income (NYSE:O) under the microscope. Realty Income stock is far less subject changes in interest rates than most investors care to believe, and much more of a sentiment-driven trading vehicle than most investors care to concede.Source: Yuriy Trubitsyn via UnsplashTo that end, now would be a good time to take profits on Realty Income stock if you're long, and if you're daring enough, perhaps even short it.That's a counterintuitive strategy for students of what makes the market tick. Rising rates are supposed to work against real estate investment trusts by increasing the cost of capital, while falling or stagnant interest rates help make and keep money cheap.InvestorPlace - Stock Market News, Stock Advice & Trading TipsRight now the Federal Reserve seems mostly ready to let rates stand pat, with some whispers of a rate-cut circulating in the market's ether. That's supposed to be good for REITs.In the real world though, we've rarely seen that relationship hold up. In the real world, Realty Income is uncomfortably vulnerable here. * 7 AI Stocks to Watch with Strong Long-Term Narratives Right REITOn paper, it shouldn't have happened. But it did. Against a backdrop of steady rate increases over the course of last year, Realty Income stock rallied from an early-2018 low near $47 to a high-near $74 just a couple of weeks ago. That's a 57% gain.Why didn't the Fed's four rate-hikes deflate the rally? Because there's far more to the matter than mere interest rates. Many investors get the market's easy stuff. Earnings growth is good. Bear markets are bad. Diversity staves off volatility.Not all investors can fully process multi-faceted and sometimes arbitrary pressures on a stock though. Realty Income is one of those names with a lot of moving parts.Chief among them is the fact that it rents space to some of the world's most recognized and reliable companies. Its top tenants include Walgreens Boots Alliance (NASDAQ:WBA), FedEx (NYSE:FDX) and Dollar General (NYSE:DG). Those companies may ebb and flow, but for the most part they're not going anyway. And, unlike 2008's subprime mortgage meltdown, the underlying assets that make up realty income aren't quite as subject to an implosion as on over-mortgaged home is.If nothing else, Realty Income has been and always will be at least reasonably dependable.There's a much bigger (albeit related) tailwind that's boosted the O stock price far more than rising rates have worked against it, however. That is, the solid economic growth that inspired last year's quartet of interest rate increases in the first place. Wrong TimeWhile the tariff war, in addition to a long-lived government shutdown, has dialed back the impressive and consistent GDP growth, it still is growth.After soaring to a pace of more than 2.0% in the latter half of 2017 and racing to annualized growth of 4.2% in the second quarter of 2018, Corporate America was humming. Corporate profits reached record levels during the third quarter of last year, prompting investment in more growth and the leasing of new profit centers.Realty Income had no trouble finding and keeping consumer-facing tenants, boasting an occupancy rate of 98.6%. It was able to raise its average rental prices as well. Economic strength mattered more than rising interest rates, pushing shares upward.The backdrop is changing now though, for fundamental as well as psychological reasons. Fundamentally, the economy may still be on a reasonably firm footing, but growth rates are undeniably slowing. International trade friction is very real, and the year-over-year comps translate into tougher comparisons.In the meantime, Q4's GDP growth was pared back to match multi-year lows near 2.2%. It's not bad, but it's certainly not red hot. There's also no particular reason to suspect growth will turn red-hot again anytime soon.Psychologically, investors may be starting to realize they got a little ahead of themselves with Realty Income last year. It's not the first time it's happened either. The weekly chart tells the tale. This REIT is really good at rallying for prolonged periods, but that rally is always unwound in a big way.The relative slowdown in the very economic growth that catapulted Realty Income stock last year, will serve as the bearish fodder the market needs now that shares are uncomfortably overextended. Bottom Line for Realty Income StockThe great irony is, none of the stock's past rises and falls nor any of its future gains and losses will actually be a full reflection of the REIT's results. Revenue, operating income and funds from operations are all quite steady, and the real estate investment trust recently announced its 101st dividend increase.It's been a picture of consistency and reliability. The big swings of the O stock price are largely prompted by traders' ever-changing perception.Nevertheless, if that's the game most investors are playing, then that's the game would-be buyers have to play too. Anyone interested may want to let some of the froth burn off first. It could take a while to gauge the true strength of the economy here anyway.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * FAANNG Stocks, Ranked From Cheapest to Most Expensive * 7 Stocks With a Lot on the Line This Earnings Season * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Compare Brokers The post If You Own Realty Income Stock, It's Time to Take Your Profits appeared first on InvestorPlace.
According to the discounted cash flow calculator, the following undervalued companies have grown their earnings per share over a five-year period. United Parcel Service Inc.'s (UPS) earnings per share have grown 6.40% per year over the last five years. Warning! GuruFocus has detected 5 Warning Signs with UPS.
Why Dollar Tree Stock Is in the News(Continued from Prior Part)YTD rise in DLTR Dollar Tree (DLTR) stock fell 3.3% on April 8 in reaction to the news that Starboard Value had withdrawn its group of director nominees for Dollar Tree’s board,
is headed into a new stratosphere of growth, according to analysts at JPMorgan. Dollar General is a "mature company moving into growth mode," analysts at JPMorgan wrote in a note, in which they raised their price target to $133 from $121 a share, representing 10.8% upside from the stock's current level. After having met with management, JPMorgan analysts said they see impressive growth on both top- and bottom-lines in the coming years.
Western Union's (WU) collaboration with Dollar General is aimed at expanding its competitive market share in the United States.
There are reasons for investors to be optimistic about Dollar Tree (NASDAQ:DLTR). While the company's 2015 purchase of Family Dollar hasn't quite worked out as expected, new plans to fix that unit, and new initiatives in the legacy business, suggest potential upside in DLTR stock.The catch is that Dollar Tree stock seems already have priced in at least some of that success. Initial FY2020 (ending January 2021) EPS guidance suggests about a 17x forward EPS multiple. That's in line with rival Dollar General (NYSE:DG) -- but that guidance assumes results are going to get better starting in the second half of this year. * 8 Best Stocks to Buy for an April Rally I've long preferred DG to DLTR stock, and at similar valuations, that's still the case. Dollar General is a better operator. Dollar Tree still needs to get to that point -- and even if it does, it doesn't look any cheaper. As as result, I'd like to see Dollar Tree stock a lot cheaper before turning bullish.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Improvement On the Way for DLTR StockDollar Tree clearly overpaid for Family Dollar. Plans to accelerate same-store sales growth at the chain haven't quite worked out. Same-store sales for the Family Dollar banner rose just 0.1% in fiscal 2018, after a 0.4% increase the year before. In contrast, Dollar Tree stores grew comps 3.5% in FY17 and 3.3% last year.Further highlighting the problems, Dollar Tree took a non-cash $2.7 billion goodwill impairment change on the Family Dollar acquisition in Q4. And it's closing as many as 390 stores next year, assuming it can't squeeze rent reductions from landlords. Another 200 stores are being rebranded as Dollar Tree locations.In hindsight, the failed acquisition is bad news. But looking forward, the struggles at Family Dollar represent an opportunity. Any improvement in the chain -- or benefits from the rebranding -- can accelerate growth and boost Dollar Tree's overall prospects.The store closures should help margins. Existing stores are being moved to a new model, known internally as H2. Under the new model, merchandise offerings are improved, including $1 Dollar Tree-branded merchandising. Early tests have been hugely successful, per the Q4 release. The addition of alcohol sales and expanded freezers should help as well. Management expects a 1.5-point boost to comp store sales once the initiatives are fully in place. That's a big number for a chain that has barely grown same-store sales at all of late. Earnings Growth Should Help Dollar Tree StockIt will take some time for the efforts to bear fruit. Management actually is guiding for operating income to decline year-over-year in the first half before an improvement in the second half. Full-year adjusted EPS is expected to slip, in part due to a higher tax rate. * The Elite 8 Stocks to Buy for Massive Outperformance But in fiscal 2020, Dollar Tree expects earnings growth to accelerate markedly, with initial guidance for a 14-18% EPS increase. That suggests something in the range of $6.20 per share -- and a roughly 17x forward P/E multiple for DLTR stock.Against mid-teens earnings per share growth, that figure seems cheap. And there are potentially levers to pull beyond remodeling and rebranding Family Dollar stores. Management is testing price points beyond the $1 figure, a suggestion made by activist Starboard Value. Starboard has had some big wins in recent years -- among them Advance Auto Parts (NYSE:AAP) and Olive Garden owner Darden Restaurants (NYSE:DRI) -- and DLTR could benefit from its expertise in targeting consumers.Family Dollar's multi-year disappointment suggests a revitalized business could have years of growth ahead of it. And Dollar Tree has managed to do well despite strength at Walmart (NYSE:WMT), which hasn't always been the case.There is good news here along with room for more good news. In that context, the 17x forward EPS multiple for DLTR stock might look cheap. Is DG Still The Better Play?That said, Dollar General stock trades at a roughly similar forward multiple. And it's worth noting that there's quite a bit of uncertainty to Dollar Tree's FY20 guidance. The company is projecting a big uptick in comps from the H2 model and other initiatives. That uptick isn't guaranteed - and neither is the 14-18% growth management sees coming next year.In contrast, DG investors can pay roughly the same multiple for steadier, and probably more certain, performance, with a two-year growth rate that actually looks a bit stronger.Admittedly, investor preferences might be different among the two stocks. Dollar Tree stock, given Starboard's presence and the efforts at Family Dollar, likely has more upside in the best-case scenario. It also has higher risk.From here, DG is the steadier, safer, and better bet. But others might see it differently - and Dollar Tree has enough options to prove me, and other DLTR stock skeptics, wrong.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: A Close Race at the Front * 15 Stocks to Buy Leading the Financial Charge * 7 Stocks From Around the World That Beat U.S. Stocks Compare Brokers The post Potential for Improvement Seems Already Priced Into Dollar Tree Stock appeared first on InvestorPlace.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Assessing Dollar General Corporation's (NYSE:DG) past track record of performance is a valuable exercise for investors. It en...
Dollar General Corp NYSE:DGView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for DG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding DG are favorable, with net inflows of $9.51 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
To receive further updates on this Dollar General (NYSE:DG) trade as well as an alert when it's time to take profits, sign up for a risk-free trial of Strategic Trader today.We are opening a new bullish trade on Dollar General (NYSE:DG). DG is a discount retailer that has enjoyed a fantastic bullish run since late 2017 due in large part to the company's growing market share.We successfully sold a put on this stock in early 2019, and we think it's time to do it again.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Walmart Effect And Economic SlowdownDG has been able to take advantage of the "Walmart Effect" -- the hollowing out of small communities by forcing locally owned shops out of business -- by moving into those communities and opening stores to offer an alternative to Walmart. This is a well documented phenomenon, and if DG continues to take advantage, the stock will only benefit.We're also seeing signs of an economic slowdown. While we personally aren't too concerned about falling interest rates in the near term, there's no denying that the inverted yield curve is something investors care about. DG stands to benefit from even a perceived economic slowdown.Typically when the economy slows down, consumers scale back their shopping. Instead of doing as much shopping at Nordstrom (NYSE:JWN) and Trader Joe's, they do more shopping at Walmart (NYSE:WMT) and DG. This scaling back boosts revenues and earnings for companies like DG, giving them a boost. Climbing Back Up After EarningsDG dropped rather dramatically on March 14 in the aftermath of the company's earnings announcement. Management announced DG had beaten revenue estimates by $40 million but had missed earnings estimates by $0.05 per share -- coming in at $6.65 billion and $1.84 per share, respectively.Daily Chart of Dollar General (DG) -- Chart Source: TradingViewThe company also issued guidance that was slightly lower than expected. However, after dropping to a low of $108.74, traders recognized the great valuation the stock was trading at and started to jump back in. Barclays even issued an upgrade to its rating on DG, moving it from an equal-weight rating to an overweight rating. The bank cited the stock's attractive valuation and expectations that the company is going to continue improving its in-store and supply-chain efficiency.The fact that the company boosted its dividend by 10.3% has also helped because traders are looking for defensive stocks with strong dividends right now. DG is a defensive consumer staples stock that should continue to do well.With the stock trading near its 52-week highs, we are confident it will continue heading higher in the near term.To find out which puts we're selling -- and to get access to our full portfolio of income-generating trades -- consider signing up for risk-free trial subscription to Strategic Trader today. InvestorPlace advisers John Jagerson and S. Wade Hansen, both Chartered Market Technician (CMT) designees, are co-founders of LearningMarkets.com, as well as the co-editors of Strategic Trader.Follow our Facebook page to receive each Trade of the Day direct to your News Feed -- and join the conversation.Compare Brokers The post DG Boosted its Dividend by 10.3% appeared first on InvestorPlace.
Dollar General is expected to achieve square-foot growth of 5.9 percent in 2019 after a 5.5-percent expansion in 2018, Wewer said in a Friday note. The company already has stores in 15,370 locations nationwide and plans to open another 975 in 2019, Wewer said.
"This isn’t about replicating what we’ve done before," Jay Turner says of his company's expansion into Williamson County.
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 13.1% in the 2.5 months of 2019 (including […]