Dollar General Earnings Announcement Expected Soon

Dollar General (NYSE:DG) is set to release its quarterly earnings report before the market opens on Thursday, March 13th. Analysts anticipate that the company will report earnings of $1.50 per share, accompanied by revenue projections of $10.26 billion for the quarter. Investors interested in joining the conference call can access it through a provided link.

Dollar General Stock Performance

On Tuesday, Dollar General's stock opened at $82.99. Over the past year, the stock has seen a low of $66.43 and a high of $168.07. The company's 50-day moving average stands at $73.48, while the 200-day moving average is $79.03. The current ratio is at 1.15, and the quick ratio is significantly low at 0.15, indicating potential liquidity issues. Additionally, the debt-to-equity ratio is recorded at 0.78, reflecting a reasonable level of debt. Currently, the market cap of Dollar General is $18.25 billion, with a price-to-earnings ratio of 13.67 and a PEG ratio of 2.18. The stock has a beta of 0.44, suggesting it is less volatile than the market.

Recent Insider Transactions

In recent news regarding insider trading, Director Michael M. Calbert sold 6,000 shares of Dollar General’s stock on December 31, at an average price of $75.27. This sale amounted to a total value of $451,620. Following this transaction, he retains ownership of 120,322 shares, valued at approximately $9,056,636.94, reflecting a 4.75% decrease in his ownership. Furthermore, EVP Emily C. Taylor also sold 4,740 shares on December 13 at an average price of $77.44, totaling $367,065.60. After the sale, she holds 15,575 shares worth about $1,206,128, indicating a 23.33% decline in her ownership. These transactions were disclosed in legal filings available through the SEC.

Analyst Ratings and Price Targets

Various analysts have recently reviewed Dollar General's stock performance. Barclays updated their price target from $102.00 to $100.00, maintaining an "overweight" rating. Conversely, Gordon Haskett downgraded their opinion from "strong-buy" to "hold". Additionally, Bernstein reduced their price target from $98.00 to $94.00, while Jefferies Financial Group lowered their target from $110.00 to $90.00 but retained a "buy" rating. Truist Financial also reduced their price goal from $94.00 to $83.00, maintaining a "hold" stance on the company. Currently, one analyst rates the stock as a sell, fifteen recommend holding, and eight suggest buying it. According to MarketBeat.com, the average rating is "Hold" with a target price set at $95.09.

About Dollar General

Dollar General Corporation is a discount retailer operating primarily in the southern, southwestern, midwestern, and eastern United States. The company sells a variety of consumer products, including cleaning supplies, packaged foods, and perishables like dairy, meat, and frozen goods.

DollarGeneral, Earnings, Investors