Dollar Tree's stock closed lower despite market gains, upcoming earnings expectations positive.

From Nasdaq: 2024-11-29 18:00:05

Dollar Tree (DLTR) closed at $71.27, down -0.32% from the previous session, lagging behind S&P 500’s 0.56% gain. The stock has risen by 10.61% in the past month, outperforming the Retail-Wholesale sector. Analysts expect earnings of $1.07 per share and revenue of $7.45 billion in the upcoming release on December 4, 2024.

Investors are watching Dollar Tree closely, with expected EPS growth of 10.31% from the prior-year quarter. The Zacks Consensus Estimates predict full-year earnings of $5.35 per share and revenue of $30.71 billion. Recent estimate revisions indicate changing business trends and sentiment towards the company.

Dollar Tree currently holds a Zacks Rank of #3 (Hold) and trades at a Forward P/E ratio of 13.35, below the industry average of 21.07. The stock’s PEG ratio stands at 2.83, compared to the industry average of 2.56. The Retail – Discount Stores industry has a Zacks Industry Rank of 169, in the bottom 33%.

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Read more at Nasdaq: Dollar Tree (DLTR) Stock Declines While Market Improves: Some Information for Investors