Dollar General (DG) stock outperformed market with positive financial estimates, but decreased in past month.

From Nasdaq: 2024-11-29 18:15:05

In the latest trading session, Dollar General (DG) closed at $77.27, up 1.32% from the previous day. The stock outperformed the S&P 500, which gained 0.56%, while the Dow rose by 0.42% and the Nasdaq by 0.83%. In the past month, DG shares decreased by 4.72%, while the Retail-Wholesale sector saw a 5.95% gain.
Market watchers await Dollar General’s financial results, set for release on December 5, 2024. The projected EPS is $0.96, a 23.81% decrease from the same quarter last year. Revenue is forecasted at $10.14 billion, a 4.56% increase year-over-year. Analysts expect full-year earnings of $5.85 per share and revenue of $40.51 billion.
Analyst estimates for Dollar General have shifted recently, reflecting changing business dynamics. Positive estimate adjustments indicate optimism about the company’s performance. These changes often impact stock prices in the near term. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), helps assess these changes for investment decisions.
Dollar General’s current Forward P/E ratio stands at 13.04, lower than the industry average of 21.07. The PEG ratio, at 2.23, considers projected earnings growth. The Retail – Discount Stores industry’s average PEG ratio is 2.56. With a Zacks Rank of #3 (Hold), DG is part of the Retail-Wholesale sector, ranked 169 out of 250 industries.
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