Dollar General (DG) Projected to Post Earnings on Thursday

Dollar General (NYSE:DG) is expected to be releasing its earnings data before the market opens on Thursday, March 13th. Analysts expect Dollar General to post earnings of $1.50 per share and revenue of $10.26 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, December 5th. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08). The company had revenue of $10.18 billion for the quarter, compared to the consensus estimate of $10.14 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 earnings per share. On average, analysts expect Dollar General to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Dollar General Trading Up 1.2 %

Shares of NYSE:DG opened at $73.80 on Thursday. The stock has a 50 day moving average of $73.20 and a 200 day moving average of $80.23. The company has a market cap of $16.23 billion, a PE ratio of 12.16, a price-to-earnings-growth ratio of 2.18 and a beta of 0.44. The company has a current ratio of 1.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.78. Dollar General has a 12-month low of $66.43 and a 12-month high of $168.07.

Analysts Set New Price Targets

A number of research firms recently commented on DG. Barclays lowered their price target on Dollar General from $102.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, January 9th. HSBC lowered their price target on Dollar General from $100.00 to $88.00 and set a “hold” rating on the stock in a report on Friday, November 15th. Wells Fargo & Company lowered their price target on Dollar General from $90.00 to $80.00 and set an “equal weight” rating on the stock in a report on Thursday, December 5th. The Goldman Sachs Group lowered their price target on Dollar General from $104.00 to $93.00 and set a “buy” rating on the stock in a report on Thursday, January 23rd. Finally, Evercore ISI lowered their price target on Dollar General from $97.00 to $95.00 and set an “in-line” rating on the stock in a report on Tuesday, December 3rd. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $96.04.

Insider Activity at Dollar General

In other Dollar General news, Director Michael M. Calbert sold 6,000 shares of the company’s stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $75.27, for a total value of $451,620.00. Following the transaction, the director now owns 120,322 shares of the company’s stock, valued at $9,056,636.94. This represents a 4.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Emily C. Taylor sold 4,740 shares of the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $77.44, for a total value of $367,065.60. Following the completion of the transaction, the executive vice president now directly owns 15,575 shares in the company, valued at $1,206,128. This trade represents a 23.33 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by insiders.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.