From Nasdaq: 2024-11-22 18:00:03

Dollar Tree (DLTR) closed at $66.40, up 0.97% from the previous day, outperforming the S&P 500. The company is set to report earnings on December 4, 2024, with an estimated $1.07 per share and $7.45 billion in revenue. Analysts suggest positive estimate revisions could indicate a favorable business outlook.

Investors are advised to monitor Dollar Tree’s stock performance closely, as recent estimates suggest a potential growth of 10.31% in earnings. The Zacks Rank system, which rates DLTR at #3 (Hold), has historically shown a return of +25% for top-ranked stocks. With a Forward P/E ratio of 12.28, Dollar Tree is currently undervalued compared to industry averages.

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Read more at Nasdaq: Dollar Tree (DLTR) Outpaces Stock Market Gains: What You Should Know