101.42 +0.01 (0.01%)
After hours: 5:48PM EDT
|Bid||101.20 x 2200|
|Ask||102.00 x 1300|
|Day's Range||101.30 - 102.39|
|52 Week Range||78.78 - 104.49|
|Beta (3Y Monthly)||0.52|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 29, 2019 - Jun 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||108.04|
Dollar Tree: Telsey Advisory Upgraded the Stock(Continued from Prior Part)Performance in fiscal 2018Dollar Tree’s (DLTR) net sales increased 2.6% to $22.8 billion in fiscal 2018, which ended on February 2. Dollar Tree’s overall same-store sales
Dollar Tree: Telsey Advisory Upgraded the StockRating changesOn March 20, Telsey Advisory Group upgraded Dollar Tree (DLTR) stock to “outperform” from “market perform.” The target price increased to $117 from $103. Telsey Advisory Group
The discount retailer is well on its way to fixing Family Dollar, the troubled competitor it bought four years ago, Telsey Advisory Group says.
In the evolving retail ecosystem, Costco (COST) has been able to create a niche for itself on the back of growth strategies, better price management and strong membership trends.
D.A. Davidson initiating Lyft as buyGoldman Sachs downgrading Monster Beverage to neutral from buyJefferies downgrading Sony to hold from buyEvercore ISI initiating Costco as outperformEvercore ISI initiating Home Depot as outperformEvercore ISI initiating Bed, Bath & Beyond as underperformMizuho downgrading Wendy's to neutral from buyMizuho downgrading YUM Brands to underperform from neutralSunTrust initiating Allergan as buySunTrust initiating Jazz Pharmaceuticals as buyJ.
Trade war stocks have varied across industries. As the China-U.S. trade war intensified, the attention fell on four sectors: semiconductors, autos, aerospace, and grains. Stocks such as Micron (NASDAQ:MU), Ford (NYSE:F), Boeing (NYSE:BA), and Archer-Daniels-Midland (NYSE:ADM) suffered as China had become a significant source of revenue.However, trade wars often lead to higher prices and job cuts as the price of goods increases. This means virtually all Americans will feel the effects of import duties even if they do not own trade war stocks themselves. * Top 7 Service Sector Stocks That Will Pay You to Own Them Hence, the focus on specific sectors tends to leave out lesser-known companies which could potentially become the best stocks to buy. These four under-the-radar trade-war stocks stand as examples:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dollar Tree (DLTR)Source: Shutterstock Wall Street tends to ignore equities such as Dollar Tree (NASDAQ:DLTR) when talking about trade war stocks. Most of the focus within retail tends to settle on Walmart (NYSE:WMT) and other large retailers, especially when they develop a reputation for relying on imported goods.But here's the thing.Walmart can raise prices if it must. Dollar Tree commits itself to sell its products at $1 price point or less. This makes it more difficult to find items that people want to buy and which can sell profitably for $1. It also means that some popular items could become unavailable (instead of merely more expensive) as the cost of goods sold rises.This has become even more critical to DLTR as they shutter stores in the Family Dollar division which sell products for more than $1. Dollar Tree management explicitly cited tariffs as a reason for these closures. USA Today reported that Dollar Tree imports about 42% of its goods, while Family Dollar brings in around 23% of its goods from overseas.Moreover, Dollar Tree sustained losses over the last year that its closest peer Dollar General (NYSE:DG) did not. Still, DLTR stock trades at about 16.5 times forward earnings. DG stock has a forward P/E ratio of about 17.8.For now, Wall Street forecasts a 31.7% predicted profit increase for DG vs. -0.2% for DLTR stock. However, an end to the trade war should bring higher-quality goods -- and higher profits- to Dollar Tree. For next year, analysts expect an earnings increase of 13.8% for DLTR, slightly exceeding that of Dollar General. This along with plans to revitalize Family Dollar should bring bargain hunters back to DLTR stock. Cheniere (LNG)Source: Roy Luck via Flickr (Modified)The industry which Cheniere (NYSEAMERICAN:LNG) pioneered ensures its rapid growth. Thanks to the Cheniere's export terminals, exporters can now transport liquefied natural gas (LNG) across oceans, something that was not possible in previous decades.The U.S. produces more natural gas than any other country. Also, natural gas sells for around $2.90 per 1000 BTUs in the U.S. compared with about $5.60 per 1000 BTUs in China. Although it fetches more in Europe and Japan, China's 1.386 billion population still makes it an important market.Cheniere already operates a terminal in Sabine Pass, Louisiana. Recently, the government also gave approval to Cheniere to begin operations at its Corpus Christi, Texas terminal. With two-thirds of the country's available export capacity, Cheniere will dominate this industry for the foreseeable future.This dominance will bolster profits of LNG stock. Wall Street forecasts 32.1% increases in profit this year and 27.9% the next. Given that growth potential, the forward P/E of 20.7 appears reasonable. * 5 Chip Stocks on the Rise Admittedly, the potential business from Europe and Japan alone almost ensures the success of LNG stock. However, if it can also fuel the growth of the emerging Asian markets, particularly China, that could make LNG one of the more critical trade war stocks. Las Vegas Sands (LVS)Source: Shutterstock Despite the company's name, Las Vegas Sands (NYSE:LVS) joins the list of trade war stocks by virtue of its holdings. Six of the 12 properties owned by the company are located in the Chinese gambling mecca of Macau. This compares to only four properties in its hometown of Las Vegas. With a casino in Singapore and attempts to move into the Japanese market, LVS sees Asia as its future.Furthermore, Macau's casinos may have more of a perception problem than an actual slowdown. Gambling revenue did not stop increasing in 2018, but a slowdown in growth did occur after the trade war began. Nonetheless, LVS stock declined by more than 25% as the tariffs and a generalized decline in Chinese equities weighed on the stock. Profits for the company fell by 1.8%. The declining health of its founder and current chairman Sheldon Adelson has also brought added uncertainty to LVS.However, analysts see improvement as they expect profits to rebound to a predicted 8% increase this year. Moreover, the declines have taken its forward P/E ratio to 17.1, slightly below company averages.The lower price has also boosted the dividend yield for new buyers. Current shareholders will receive $3.08 per share in dividends this year. This brings the yield to about 5.1%. Furthermore, since the dividend has increased for six straight years, annual increases will more than likely continue. Given a China gambling market that remains robust amid tariffs, an end to a trade war should bring more gamblers and ultimately, more winnings to holders of LVS stock. VanEck Vectors Steel ETF (SLX)Source: Shutterstock Admittedly, VanEck Vectors Steel ETF (NYSEARCA:SLX) sounds like a strange choice. After all, the Trump Administration imposed tariffs on Chinese goods in large part because China had dumped cheap steel on the market. This hurt U.S. Steel (NYSE:X) and Nucor (NYSE:NUE). However, in the year since the tariffs took effect, both U.S. Steel and Nucor have hired workers and restarted steel mills.Despite these signs of improvement, the dirty secret about the steel tariffs is that industries which use steel contribute more to the economy than steel producers. Hence, the industry can sell more steel if companies such as Ford build more cars. Investors should look more closely at the behavior of these actual stocks. SLX stock dropped over the last 12 months. However, even more shockingly, X stock and NUE stock, which logically should have increased due to the tariffs, also dropped in value. The ETF holds both X and NUE stock, though Rio Tinto (NYSE:RIO) and Vale (NYSE:VALE) remain the fund's largest holdings.The one trade-war-related benefit derives for SLX comes from dividends. In 2017, before the trade war began, SLX stock paid almost $1.12 per share in dividends. Payout levels in 2018 rose to just over $2.18 per share. A trade agreement could send that falling back. * 7 Financial Stocks to Invest In Today However, what shareholders may lose in lower dividends they should earn back in gains. Since tariffs began, SLX has fallen by more than $13.50 per share, a loss of about 26% of its value. An agreement will likely reverse the drop in SLX's core holdings, and by extension, in SLX stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post 4 Unexpected Trade War Stocks That Will Benefit From an End to Tariffs appeared first on InvestorPlace.
Dollar Tree Inc NASDAQ/NGS:DLTRView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for DLTR with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting DLTR. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding DLTR are favorable, with net inflows of $12.09 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.
Lemuel E. Lewis, a former chairman of the board of the Federal Reserve Bank of Richmond, has just bought $100,000 of the discount retailer’s stock.
How Analysts Reacted to Dollar General’s Q4 Results(Continued from Prior Part)Forward valuation Dollar General’s (DG) 12-month forward PE ratio was 17.6x as of March 15. In comparison, closest rival Dollar Tree (DLTR) was trading at 18.7x. As
How Analysts Reacted to Dollar General’s Q4 Results(Continued from Prior Part)Sales growth in fourth quarterDollar General’s (DG) sales grew 8.5% to $6.65 billion in the fourth quarter of fiscal 2018, which ended on February 1, 2019. Analysts
How Analysts Reacted to Dollar General’s Q4 ResultsReaction to mixed results Dollar General (DG) stock declined 7.5% to $111.64 on March 14, the day the company declared mixed results for the fourth quarter of fiscal 2018, which ended on February
Dollar Tree (DLTR) gains from its store-expansion initiatives. These efforts are also driving the company's comparable store sales.
Dollar General Corp. (NYSE: DG ) reported fourth-quarter results Thursday that disappointed investors, and the dollar store chain's 2019 guidance implies heavier investments than previously expected. ...
Dollar General Corp. on Thursday said same-store sales grew in the most recent quarter, but profit was less than expected as the retailer invests in lower prices and increases the portion of sales that come from less profitable products like food. The Goodlettsville, Tenn., retailer anticipates same-store sales growth of 2.5% in 2019, below the 2.6% analysts polled by FactSet had anticipated. Shares of Dollar General fell 7.5% on Thursday.
Dollar General earnings and earnings guidance were below estimates, though sales topped. Shares fell sharply, below a buy point.
The latter jumped when it reported fourth-quarter earnings, but after closing lower by 7.5% on Thursday, Dollar General can't say the same thing. Shares were trading at new 52-week highs before the earnings report, likely on optimism from the post-earnings reaction from Dollar Tree. DG stock has tended to break through the 200-day for a few sessions before rebounding.
Dollar General Down as Q4 Earnings and 2019 Outlook Lag EstimatesDG tumbles in premarket tradingDollar General (DG) stock was down 7% as of 9:27 AM EDT in premarket trading on March 14 after the company announced its fiscal 2018 fourth-quarter
Dollar General stock was falling sharply after the company announced disappointing fourth-quarter earnings.
posted weaker-than-expected fourth quarter earnings Thursday and issued full-year profit guidance for 2019 that also fell shy of forecasts. Dollar General said adjusted earnings for the three months ending on February 1, the company's fiscal fourth quarter, came in at $1.84 per share, up 24% from the same period last year but five cents shy of the FactSet consensus forecast. Group sales, Dollar General said, rose 8.5% to $6.6 billion, a figure that matched the analysts' forecasts, but noted that same store sales rose by 4% from the same period last year, well ahead of the expected increase of 2.5%.
Will Dollar General Deliver Better Q4 Results than Dollar Tree?(Continued from Prior Part)Current recommendations Dollar General (DG) stock was rated a “buy” by 64% of the 28 analysts covering the stock on March 11. The stock had a “hold”
Will Dollar General Deliver Better Q4 Results than Dollar Tree?(Continued from Prior Part)Expectations from fourth-quarter sales Dollar General (DG) missed analysts’ sales estimates in the first quarter of fiscal 2018 but exceeded analysts’
Will Dollar General Deliver Better Q4 Results than Dollar Tree?Q4 earnings expectationsDollar General (DG) is slated to declare its results for the fiscal 2018 fourth quarter on March 14. Dollar General lagged analysts’ earnings expectations in