Dollar General (DG) to Release Quarterly Earnings on Thursday

Dollar General (NYSE:DG) is set to announce its earnings results before the market opens on Thursday, December 5th. Analysts expect the company to announce earnings of $0.97 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Dollar General Trading Up 1.6 %

NYSE DG opened at $79.02 on Wednesday. The company has a fifty day moving average of $79.87 and a 200 day moving average of $104.60. The company has a market capitalization of $17.38 billion, a PE ratio of 12.27, a P/E/G ratio of 2.28 and a beta of 0.44. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.22 and a quick ratio of 0.24. Dollar General has a 1 year low of $72.12 and a 1 year high of $168.07.

Wall Street Analysts Forecast Growth

Several analysts recently commented on DG shares. Loop Capital dropped their price target on shares of Dollar General from $130.00 to $90.00 and set a “hold” rating on the stock in a research report on Friday, August 30th. BMO Capital Markets cut their price target on Dollar General from $90.00 to $80.00 and set a “market perform” rating for the company in a research note on Monday, November 18th. The Goldman Sachs Group lowered their price target on Dollar General from $169.00 to $122.00 and set a “buy” rating on the stock in a research report on Friday, August 30th. Morgan Stanley cut Dollar General from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $170.00 to $100.00 in a research report on Friday, August 30th. Finally, Jefferies Financial Group decreased their target price on Dollar General from $110.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, November 15th. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $103.32.

Insider Buying and Selling

In related news, EVP Steven R. Deckard sold 2,010 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $86.66, for a total transaction of $174,186.60. Following the completion of the transaction, the executive vice president now directly owns 2,887 shares in the company, valued at $250,187.42. This trade represents a 41.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Warren F. Bryant purchased 500 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were acquired at an average price of $80.40 per share, for a total transaction of $40,200.00. Following the completion of the purchase, the director now directly owns 41,030 shares of the company’s stock, valued at approximately $3,298,812. This trade represents a 1.23 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.49% of the company’s stock.

Dollar General Company Profile

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.