Both Dollar General Corp. (NYSE: DG) and Dollar Tree Inc. (NASDAQ: DLTR) are scheduled to announce their most recent quarterly reports on Thursday morning. The question is, which discount retailer will have a better report?
Consensus estimates are calling for Dollar General to have $1.70 in earnings per share (EPS) and $7.4 billion in revenue. The first quarter of last year reportedly had $1.48 in EPS and $6.62 billion in revenue.
Overall, Dollar General has outperformed the S&P 500 and Dow Jones industrial average, with its stock up about 16% year to date. In the past 52 weeks, the stock is up closer to 48%.
Here’s what a few analysts had to say ahead of the report:
- Credit Suisse has a Hold rating.
- UBS has a Buy rating with a $200 price target.
- Deutsche Bank has a Hold rating and a $187 price target.
- Raymond James rates it a Strong Buy with a $205 price target.
- Telsey Advisory Group rates it as Outperform with a $200 target.
- Oppenheimer has a Buy rating and a $205 target price.
- Goldman Sachs has a Buy rating with a $202 price target.
As for Dollar Tree, analysts are expecting it to post $0.91 in EPS and $6.11 billion in revenue. The retailer said it had $1.14 in EPS and $5.78 billion in revenue in the same period of last year.
Excluding Wednesday’s move, Dollar Tree has underperformed the broad markets, with its stock down over 9% year to date. In the past 52 weeks, the stock is down over 13%.
A few analysts have weighed in on the stock:
- Deutsche Bank has a Buy rating and a $97 price target.
- Goldman Sachs has a Buy rating with an $89 price target.
- Piper Sandler has an Overweight rating with a $95 target.
- Citigroup’s Buy rating comes with a $103 price target.
- Telsey Advisory Group has an Underperform rating.
Dollar General stock traded at $180.82 on Wednesday, in a 52-week range of $118.20 to $185.01. The consensus price target is $177.52.
Dollar Tree stock was up over 2% to $87.50. The 52-week range is $60.20 to $119.71, and the consensus analyst target is $89.09.
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
