Telsey Advisory Group raised the price target for the Dollar General Corporation (NYSE:DG) stock to “an Outperform”. The rating was released on May 28, 2021. We previously noted in another research note published on May 25, 2021 by Telsey Advisory Group that reiterated the stock to an Outperform with a price target of $225 for DG stock. The research report from BofA Securities has downgraded the stock from Neutral to Underperform, with a price target set at $190. The stock was downgraded by RBC Capital Mkts, who disclosed in a research note on May 12, 2021, from Outperform to Sector Perform and set the price objective to $207.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Dollar General Corporation (NYSE:DG) dipped -3.77% to close Thursday’s market session at $225.90, lower as compared to yesterday’s close. The stock price fluctuated between $215.10 and $227.57 throughout the trading session with the volume trading being 5946997 shares, which represented a significant variation when compared to the three months average volume of 1.58 million shares. The firm’s stock price fluctuated -2.83% within the last five trades and -1.81% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 19.53% in the last 6 months and 10.52% was added to its value over the previous 3 months. DG stock is trading at a margin of -3.79%, 0.04% and 7.25% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, DG deals in the Consumer Defensive domain. The stock is trading -5.62 percent below its 52-week high and 30.20 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 13.88. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Dollar General Corporation’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 10.70 percent and the profit margin is 8.00 percent, and the company has reported a gross margin of 32.30 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $52.83 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Dollar General Corporation (NYSE:DG) is 20.79. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 20.13. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.57 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 8.62, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.20 percent of Dollar General Corporation shares are owned by insiders, and 92.60 percent are held by financial institutions. Wenkoff Carman R, the EVP & Chief Information Ofc at Dollar General Corporation (DG) has sold 5,612 shares of firm on Jun 11 at a price of $207.10 against the total amount of $1.16 million. In another inside trade, Wenkoff Carman R, EVP & Chief Information Ofc of Dollar General Corporation (NYSE:DG) sold 4,288 shares of the firm on Jun 10 for a total worth of $0.89 million at a price of $207.01. An inside trade which took place on May 28, EVP & General Counsel of Dollar General Corporation TAYLOR RHONDA sold 52,293 shares of firm against total price of $10.7 million at the cost of $204.59 per share.