Dollar Tree (DLTR) Given Daily Coverage Optimism Rating of 0.37

News stories about Dollar Tree (NASDAQ:DLTR) have been trending positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dollar Tree earned a media sentiment score of 0.37 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.7931334578468 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

DLTR opened at $92.43 on Monday. Dollar Tree has a twelve month low of $72.85 and a twelve month high of $116.65. The company has a quick ratio of 0.41, a current ratio of 2.11 and a debt-to-equity ratio of 0.69. The firm has a market cap of $22.04 billion, a PE ratio of 19.02, a PEG ratio of 1.12 and a beta of 0.84.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Thursday, May 31st. The company reported $1.19 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.23 by ($0.04). Dollar Tree had a return on equity of 18.23% and a net margin of 7.44%. The firm had revenue of $5.55 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter last year, the company earned $0.98 earnings per share. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. research analysts anticipate that Dollar Tree will post 5.54 earnings per share for the current fiscal year.

A number of equities analysts recently issued reports on DLTR shares. BidaskClub upgraded shares of Dollar Tree from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. UBS Group cut shares of Dollar Tree from a “strong-buy” rating to an “outperform” rating in a research report on Monday, April 16th. Credit Suisse Group lowered their price objective on shares of Dollar Tree from $114.00 to $93.00 and set an “outperform” rating for the company in a research report on Friday, June 1st. Morgan Stanley upped their price objective on shares of Dollar Tree from $101.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 25th. Finally, ValuEngine cut shares of Dollar Tree from a “buy” rating to a “hold” rating in a research report on Tuesday, April 17th. Eleven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $106.76.

In other news, Director Thomas E. Whiddon acquired 2,250 shares of the firm’s stock in a transaction dated Monday, June 18th. The stock was bought at an average cost of $88.78 per share, for a total transaction of $199,755.00. Following the completion of the transaction, the director now directly owns 26,121 shares in the company, valued at approximately $2,319,022.38. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Lemuel E. Lewis acquired 2,500 shares of the firm’s stock in a transaction dated Monday, June 4th. The shares were purchased at an average price of $80.44 per share, with a total value of $201,100.00. Following the completion of the transaction, the director now owns 17,654 shares of the company’s stock, valued at $1,420,087.76. The disclosure for this purchase can be found here. Corporate insiders own 1.50% of the company’s stock.

About Dollar Tree

Dollar Tree, Inc operates discount variety retail stores in the United States and Canada. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise.

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