|Bid||109.96 x 1000|
|Ask||111.99 x 800|
|Day's Range||108.93 - 111.09|
|52 Week Range||78.78 - 111.61|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 28, 2019 - Sep 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||110.88|
Dollar Tree and Dollar General have made adjustments to their supply chains in response to the ongoing trade negotiations with China. Yahoo Finance's Brian Sozzi and Alexis Christoforous break down what has left the the two chains generally unscathed in the trade war.
Retail has become the microcosm for both the stock market and for society as a whole. That's the only conclusion you can reach when you sort through the now completed earnings season for the company's linked to the consumer.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Dollar Tree, Inc. New York, June 12, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Dollar Tree, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
In the changing retail landscape, Costco (COST) has been able to create a niche for itself on the back of growth strategies. These factors are aiding the company in sustaining impressive comparable sales run.
Dollar Tree stock’s turnaround has been interrupted by the trade war between the U.S. and China. But JPMorgan still thinks the company’s rebound will continue.
Dollar Tree: JPMorgan Chase Upgraded the Stock to 'Overweight'Rating upgradeDollar Tree (DLTR) stock has risen 2.9% as of 11:24 AM EST on June 11. JPMorgan Chase upgraded the stock to “overweight” from “neutral.” JPMorgan Chase increased
were rising 3% Tuesday to $106.88 after analysts at JPMorgan upgraded the stock to overweight from neutral. The firm also assigned the company a $122 price target, representing a 17.5% upside from the stock's closing price on Monday of $103.78. JPMorgan believes that Dollar Tree can see more than a billion dollars in free cash flow generation by fiscal 2020 thanks to its stability, which makes it an attractive buy for investors.
Dollar Tree Inc NASDAQ/NGS:DLTRView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for DLTR 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 | NeutralETF activity is neutral. ETFs that hold DLTR had net inflows of $1.81 billion over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.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.
"The end to the U.S. Government shutdown, reports of progress on China-U.S. trade talks, and the Federal Reserve’s confirmation that it did not plan further interest rate hikes in 2019 allayed investor fears and drove U.S. markets substantially higher in the first quarter of the year. Global markets followed suit pretty much across the board […]
The stock market forecast by Touchstone's Stephen Goddard and Brian Campbell is for more volatility. But they're still bullish.
The deal has paid down 37.1% since Moody's last review. The rating on the P&I class, Cl. H, was affirmed because the rating is consistent with Moody's realized losses. Moody's rating action reflects a base expected loss of 0% of the current pooled balance, the same as at Moody's last review.
CHESAPEAKE, Va. , June 5, 2019 /PRNewswire/ -- Summit Pointe Realty, LLC hosted a ceremonial groundbreaking event yesterday for Phase Two construction of the Summit Pointe mixed-use community. In attendance ...
Dollar General or Dollar Tree: Who Fared Better in Q1?(Continued from Prior Part)Sales growth in Q1Dollar General (DG) and Dollar Tree (DLTR) surpassed analysts’ sales expectations for the first quarter of fiscal 2019. Dollar General generated
Retail stocks got hammered in May amid a flurry of bad earnings reports, which converged on rising tariffs and slowing economic expansion concerns to create a perfect storm for retailers. That's why I wrote a piece a few weeks back that highlighted five retail stocks that were getting slaughtered in the retail selloff.Those five retail stocks were Nordstrom (NYSE:JWN), Kohl's (NYSE:KSS), J.C. Penney (NYSE:JCP), Urban Outfitters (NASDAQ:URBN) and Lowe's (NYSE:LOW), all of which reported disappointing early 2019 numbers. But, that was just the tip of the iceberg. Since then, many more retailers have reported ugly early 2019 numbers, and many more retail stocks have been slaughtered, including Abercrombie & Fitch (NYSE:ANF), Capri (NYSE:CPRI), Canada Goose (NYSE:GOOS), PVH (NYSE:PVH), Movado (NYSE:MOV), Gap (NYSE:GPS), Tilly's (NYSE:TLYS) and many more.But, not all retailers reported bad numbers in early 2019. Indeed, there were a select few retailers that actually put up strong early 2019 numbers. That's impressive against the dour backdrop. As such, these retailers are probably the retailers you want to be buying into for the rest of the year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Heavily Shorted Stocks to Sell -- Because the Bears Are Right With that in mind, let's take a look six retail stocks that actually popped this earnings season on surprisingly strong numbers. Dollar General (DG)Source: Mike Mozart via FlickrFirst up we have dollar store giant Dollar General (NYSE:DG), which reported strong first quarter 2019 numbers that topped expectations across the board and featured favorable growth trends.Specifically, Dollar General's first-quarter revenues and profits both topped expectations, while comparable sales rose more than expected. Further, comparable sales growth was 3.8%, on top of 2.1% growth in the year-ago quarter, so this company is clearly on an accelerating and positive growth trajectory. Gross margins did fall back in the quarter, but only marginally, and they've been stable around 30% for the past several years. Opex rate expansion moderated in the quarter, and profit growth was better than expected.Broadly, the results were more of the same for Dollar General. This company has been reporting positive comparable sales growth for the past decade, regardless of retail backdrop noise, because consumers consistently and always flock to low price consumables. So long as this trend persists -- and it will -- DG stock should outperform the broader retail industry. Dollar Tree (DLTR)Source: Mike Mozart via FlickrNext up, we have the other dollar store giant, Dollar Tree (NASDAQ:DLTR), which likewise reported strong first quarter numbers that topped expectations where it matters. But, unlike Dollar General, the quarter wasn't great from head to toe.On the positive side, comparable sales growth and revenues both topped expectations in the quarter, while second quarter and full year 2019 comparable sales growth is expected to remain positive. But, on the negative side, profits were merely in-line with expectations, and the full year 2019 profit guide was cut 2.5% to well below consensus levels. Gross margins also fell big in the quarter. The opex rate rose noticeably. Operating margins took a tumble. And, the depressed fiscal 2019 profit guide doesn't even include the full impact of tariffs. * 7 Retail Stocks Winning in 2019 and Beyond All in all, Dollar Tree had a good quarter, but not a great one like Dollar General. Nonetheless, Dollar Tree did report positive comps, a sign that the price focus strategy is working, as it has worked over the past decade (through which Dollar Tree has consistently reported positive comps). While big upside is limited by trade headwinds, DLTR stock should be able to move gradually here thanks to continued positive comp trends. Target (TGT)Source: Mike Mozart via Flickr (Modified)The third retail stock that was red hot this earnings season was big box retailer Target (NYSE:TGT), which reported first-quarter numbers that ran laps around the rest of retail.Revenues topped expectations in the quarter. So did profits. Comparable sales rose a whopping 4.8% (ahead of expectations for a 4.1% gain), while traffic rose 4.3%. Digital sales soared 42% higher. Gross margins fell back a measly 20 basis points, among one of the smallest declines in the entire retail sector this quarter. The opex rate actually dropped, and operating margins expanded. On top of all that, management provided healthy second quarter and full year 2019 guides that called for low-to-mid single digit comparable sales growth in both periods.In other words, everything is going right for Target at a time when nothing is going right for a bunch of its retail peers. The implication? Target is rapidly stealing share, and will continue to do so as the company is aligned with every important trend in retail (all-in-one convenience, low prices, digital sales, omni-channel capabilities, in-house brands, so on and so forth). As such, Target will only gain momentum over the next several quarters, and as it does, TGT stock will head higher. Walmart (WMT)Source: Shutterstock Joining Target, another big box retail giant that reported far better than expected first-quarter numbers was Walmart (NYSE:WMT).Walmart also reported a big positive comp in the quarter (+3.4%) with strong digital sales growth (+37%) and margin stabilization (for example, the Flipkart acquisition). This has become the trend at Walmart. The company has successfully pivoted to become a more fierce Amazon (NASDAQ:AMZN) competitor by building out a robust digital business, expanding omni-channel capabilities, enhancing logistics, and improving pricing and merchandising. Further, the company has tested the waters with streaming, digital advertising and cloud, illustrating that this company's innovation curve is rapidly inflecting higher. * 7 Best Vanguard Funds for 2019 All in all, Walmart has turned into an innovative omni-channel retail giant that has successfully aligned itself with all of today's important retail trends. Because of this, Walmart projects as a winning retailer for the foreseeable future, and WMT stock likewise projects as a winning stock. Home Depot (HD)Source: Shutterstock In a total different area of retail, Home Depot (NYSE:HD) shined bright this quarter as the home improvement space benefited from the convergence of a strong U.S. consumer and low interest rates.Home Depot beat first-quarter revenue and profit estimates by a healthy margin, while reporting a strong 2.5% rise in comparable sales (3% rise in U.S. stores). Gross margins fell back some, as was the norm across the entire retail sector in early 2019 due to tariffs. But, the company levered the expense rate thanks to continued robust sales growth, and operating margins were flat in the quarter. Going forward, Home Depot actually expects things to pick-up, as the guide calls for ~5% comparable sales growth through all of 2019.Broadly, Home Depot reported a really strong quarter. That's because the underlying fundamentals here are good. The U.S. consumer is strong, defined by record low unemployment, a healthy job participation rate, and decade-high wage growth. Meanwhile, the Fed has moved to the sidelines, and rates have steadily dropped through the first half of 2019. Specifically, mortgage rates have dropped in a big way, and that has created support for a healthy housing market.Overall, the home improvement environment continues to be supported by healthy underlying trends. So long as this remains true, Home Depot will continue to report solid numbers, and HD stock will trend higher. TJX Companies (TJX)Source: Mike Mozart via FlickrLast, but not least, we have off-price retail giant TJX Companies (NYSE:TJX).TJX proved yet again with strong first-quarter numbers that the off-price retail strategy is a winning one that works even when other retail strategies fall short. TJX's first-quarter numbers beat on revenue and profit expectations. The company also reported 5% comparable sales growth, on top of 3% comparable sales growth in the year-ago quarter, and on the back of big traffic gains. Operating margins did drop, due to a lower gross margin and higher opex rate. But, that drop was offset by 7% sales growth. * 7 Stocks to Sell Impacted by the Mexican Tariffs Overall, TJX proved that the consumer's affinity for price does not change with the times. It is steady and consistent, and that's why TJX has reported steady and consistent positive comps for the past several years. This trend will persist, regardless of the economic backdrop. As it does, TJX stock will move higher.As of this writing, Luke Lango was long JWN, URBN, DG, TGT, WMT, AMZN and HD. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Sell Impacted by the Mexican Tariffs * 6 Big Dividend Stocks to Buy as Yields Plunge * The 10 Biggest Announcements From Apple WWDC 2019 Compare Brokers The post 6 Stocks to Buy That Are Bucking the Retail Selloff appeared first on InvestorPlace.
Dollar General or Dollar Tree: Who Fared Better in Q1?(Continued from Prior Part)Valuations after Q1 resultsDollar General (DG) reported upbeat results (sales growth of 8.3% and adjusted EPS growth of 8.8%) for the first quarter of fiscal 2019. The
Dollar store chain Dollar Tree, Inc. (NASDAQ: DLTR) reported Thursday first-quarter results, which received a mixed reaction from the Street. KeyBanc Capital Markets' Bradley Thomas maintains an Overweight rating on Dollar Tree with a price target lifted from $108 to $115. UBS' Michael Lasser maintains at Buy, unchnaged $120 price target.
Let's take a look at what investors should expect from Five Below's first quarter fiscal 2019 financial results to see if FIVE stock might be worth buying heading into earnings.
In a computer-generated pattern recognition study going back to 1963, the flat base made up a third of bases among a large set of the best growth stocks.
One that would be loved by investors everywhere because it's incredibly well-run and has just delivered a gigantic upside surprise. Close observers of these columns know that I have always been a big fan of the dollar stores and I think they offer tremendous bargains for hard-working people, not to mention having killer candy aisles. You don't succumb to being dependent on one country and when the president tells you a year ago that he doesn't like the way the Chinese trade you get aggressive about sourcing, which is how Dollar General has an astoundingly low 6% of its merchandise made in the People's Republic.
Dollar Tree Inc. (DLTR) reported financial results for the first quarter of fiscal 2019 on Thursday morning. For the three-month period, same-store sales increased 2.2%, with a 2.5% increase for the Dollar Tree banner and a 1.9% increase for Family Dollar. It's worth noting that the Dollar Tree banner was lapping its toughest comparison from 2018 (same-store sales were up 4% in first-quarter 2018).