|Bid||95.00 x 1400|
|Ask||0.00 x 800|
|Day's Range||105.85 - 111.07|
|52 Week Range||79.79 - 112.59|
|Beta (3Y Monthly)||0.72|
|PE Ratio (TTM)||17.25|
|Earnings Date||Dec 5, 2018 - Dec 10, 2018|
|Forward Dividend & Yield||1.16 (1.11%)|
|1y Target Est||116.36|
Dollar Tree Inc. (DLTR) spiked on Tuesday after the New York Post reported that billionaire activist investor Carl Icahn (Trades, Portfolio) had built a sizeable stake in the discount retailer. Warning! GuruFocus has detected 4 Warning Signs with DLTR. Dollar Tree has been struggling for a while, but its core business remains strong, with stable revenue growth, even when accounting for the 2014 acquisition of Family Dollar.
Billionaire investor Carl Icahn established a large stake in struggling Family Dollar in 2014. He pressured the company to seek a buyer and turned a significant profit when it was acquired by Dollar Tree, ...
Per the New York Post, he billionaire investor has taken a "significant" stake in Chesapeake, Virginia-based Dollar Tree.
(Reuters) - Billionaire activist investor Carl Icahn is accumulating a significant stake in discount chain Dollar Tree Inc (DLTR.O), the New York Post reported on Tuesday. Icahn's plans for the stake were ...
The 2.8% Social Security increase announced this week is good news for value retailers like Big Lots Inc. , Dollar Tree Inc. and Dollar General Corp. , according to Raymond James analysts. The hike is the biggest since 2012. "As a reminder, the core customer for Dollar General and Family Dollar has an annual household income of $35K or less," analysts led by Dan Wewer wrote. "The marginal propensity to consume for low-income families is ~100%, therefore, some of the Social Security benefit increase should find its way into a value retailers' store." Raymond James rates Dollar General strong buy with a $122 price target; Dollar Tree is rated outperform with a $90 price target; and Big Lots is rated outperform with a $48 price target. Dollar General shares have gained 12.7% for the year to date, Dollar Tree stock has fallen 24.7%, and Big Lots shares are down about 24% for the year to date. The S&P 500 index is up 3.5% for 2018 so far.
This quote is often attributed to Warren Buffett (Trades, Portfolio), but it is actually a Charlie Munger quote. What Munger, the vice chairman of Buffett's Berkshire Hathaway (BRK-A)(BRK.B) conglomerate, meant by this statement is that he prefers excellent companies trading near their fair valuation to average companies trading at a discount. Excellent companies often tend to outperform average ones.
In the first half of fiscal 2018, Five Below’s (FIVE) gross margin increased by 60 basis points to 34.0% due to leverage in store occupancy costs. Subsequently, the operating margin was up by 100 basis points to 8.6%. Five Below is focusing on expanding its presence on mobile devices and social media platforms.
Over the trailing ten quarters, Five Below (FIVE) has beaten Wall Street estimates nine times while matching expectations once.
The National Retail Federation expects holiday retail sales to grow between 4.3% and 4.8% to $717.45 billion to $720.89 billion in the November to December period. Warning! GuruFocus has detected 7 Warning Sign with COST. "Thanks to a healthy economy and strong consumer confidence, we believe that this holiday season will continue to reflect the growth we've seen over the past year," t he National Retail Federation said in a press release.
It has delivered double-digit sales growth in the last five fiscal years. New stores, as well as strong comparable-store sales, were the primary growth drivers. Wall Street analysts are projecting sales growth of 18.2% to $304.1 million for the third quarter.
In the past 15 days, there has been just one price target change for Five Below (FIVE) stock. On September 24, J.P. Morgan increased its target price for Five Below to $153.00 from $150.00. The 12-month average target price for FIVE stock is $133.38, which reflects a 10.1% upside to its stock price on October 3.
As of October 3, Five Below (FIVE) stock has risen 82.6% year-to-date or YTD to $121.13. The company’s terrific sales performance has been one of the primary growth drivers behind the impressive stock movement. Given the top-line performance, the company’s stock has risen over seven times its IPO price of $17. Five Below started trading in July 2012.
Dollar Tree (DLTR) shows resilience, driven by Family Dollar integration, store expansion and initiatives to improve store productivity. But, higher costs and soft margins remain headwinds.
Of the 15 analysts covering Ollie’s Bargain Outlet (OLLI) stock on October 2, 60.0% recommended a “buy.” The remaining 40.0% recommended a “hold,” and there were no recommendations for a “sell.”
On October 2, Ollie’s Bargain Outlet Holdings (OLLI) stock gained 75.8% year-to-date. In comparison, the S&P 500 Index has gained 9.3%. Ollie’s Bargain Outlet Holdings stock is expected to continue its good run going forward.
Dollar General (DG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Kirkland's (KIRK) unveils the authorization program of share buybacks worth $10 million. Shareholder-friendly moves and strategic growth efforts should help revive Kirkland's stock.
Some residents of central North Dakota community would welcome a Dollar General store, but city officials want no part of it. The Velva City Commission recently rejected the lone bid on a land sale after learning the developer planned to lease the property to Dollar General, the Minot Daily News reported. Commissioner Mary Liz Davis said officials didn't want Dollar General to threaten existing businesses in Velva, particularly its grocery and drug stores.
Moody's Investors Service, ("Moody's") has affirmed the ratings on eight classes in WFRBS Commercial Mortgage Trust 2013-UBS1, Commercial Mortgage Pass-Through Certificates, Series 2013-UBS1 ...
The ability of Dollar General (DG) to adapt to a changing operating environment could be the difference between success and failure for the budget retailer. Under its current strategy, the company is seeking to become more efficient, while offering its customers a greater range and choice of products. Warning! GuruFocus has detected 4 Warning Sign with DG.