Dollar General (NYSE:DG) Stock Price Down 5.2% – Time to Sell?

Dollar General Corporation (NYSE:DG) shares fell 5.2% on Monday . The stock traded as low as $125.31 and last traded at $125.5130. 2,261,549 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 3,620,164 shares. The stock had previously closed at $132.37.

Analysts Set New Price Targets

Several brokerages have commented on DG. Guggenheim increased their price target on Dollar General from $125.00 to $140.00 and gave the company a “buy” rating in a report on Friday. Sanford C. Bernstein lifted their target price on shares of Dollar General from $122.00 to $134.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Wolfe Research assumed coverage on shares of Dollar General in a report on Thursday, September 18th. They set an “outperform” rating and a $139.00 price target for the company. BNP Paribas Exane lifted their price objective on Dollar General from $118.00 to $127.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Loop Capital decreased their target price on Dollar General from $120.00 to $100.00 and set a “hold” rating for the company in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have given a Hold rating to the company. According to MarketBeat, Dollar General presently has an average rating of “Hold” and an average target price of $125.68.

Dollar General Stock Performance

The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. The stock has a market cap of $27.04 billion, a P/E ratio of 21.23, a P/E/G ratio of 2.43 and a beta of 0.27. The business’s 50-day moving average price is $103.68 and its 200-day moving average price is $107.52.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.33. The business had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.Dollar General’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.89 earnings per share. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, sell-side analysts expect that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th will be issued a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, January 6th. This represents a $2.36 annualized dividend and a yield of 1.9%. Dollar General’s payout ratio is currently 40.76%.

Institutional Trading of Dollar General

Several institutional investors and hedge funds have recently modified their holdings of the company. Cardinal Point Capital Management ULC raised its holdings in shares of Dollar General by 5.0% in the third quarter. Cardinal Point Capital Management ULC now owns 2,120 shares of the company’s stock valued at $219,000 after purchasing an additional 100 shares during the last quarter. Brooks Moore & Associates Inc. grew its position in Dollar General by 1.3% in the third quarter. Brooks Moore & Associates Inc. now owns 7,590 shares of the company’s stock valued at $784,000 after purchasing an additional 100 shares in the last quarter. Meridian Wealth Management LLC increased its stake in Dollar General by 5.5% in the 3rd quarter. Meridian Wealth Management LLC now owns 1,955 shares of the company’s stock valued at $202,000 after buying an additional 102 shares during the last quarter. Accurate Wealth Management LLC increased its stake in Dollar General by 1.2% in the 3rd quarter. Accurate Wealth Management LLC now owns 9,182 shares of the company’s stock valued at $952,000 after buying an additional 108 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in Dollar General by 5.8% during the 2nd quarter. Blue Trust Inc. now owns 2,005 shares of the company’s stock worth $229,000 after buying an additional 110 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors.

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.