Dollar General (NYSE:DG) had its price target dropped to $90.00 at Loop Capital

Dollar General (NYSE:DG – Get a Free Report) Their price target was lowered by equities researchers at Loop Capital from $130.00 to $90.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “hold” rating on the stock. Loop Capital’s price objective indicates a potential upside of 6.89% from the company’s current price.

DG has been the subject of several other research reports. Evercore ISI cut their price target on shares of Dollar General from $151.00 to $148.00 and set an “in-line” rating on the stock in a report on Tuesday, July 2nd. Argus cut their price target on shares of Dollar General from $175.00 to $170.00 and set a “buy” rating on the stock in a report on Monday, July 15th. Truist Financial cut their price target on shares of Dollar General from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Monday. Gordon Haskett cut shares of Dollar General from a “buy” rating to a “hold” rating and set a $90.00 target price on the stock. in a report on Friday. Finally, Piper Sandler cut their price target on shares of Dollar General from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Friday, May 31st. Fifteen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Dollar General presently has a consensus rating of “Hold” and an average target price of $133.38, based on data from MarketBeat.com.

See our latest report on DG

Overall dollar price performance

Shares of NYSE:DG opened at $84.20 on Friday. The company’s fifty day moving average price is $123.95 and its 200 day moving average price is $136.79. The firm has a market cap of $18.52 billion, a price-to-earnings ratio of 12.26, a PEG ratio of 2.36 and a beta of 0.43. Dollar General has a one year low of $84.00 and a one year high of $168.07. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.22, and a quick ratio of 0.18.

Dollar General (NYSE:DG – Get Free Report ) last posted its quarterly earnings results on Thursday, August 29th. The company reported $1.70 EPS for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.09). Dollar General had a return on equity of 22.80% and a net margin of 3.85%. The company had revenue of $10.21 billion during the quarter, compared to the consensus estimate of $10.37 billion. During the same period in the previous year, the company earned $2.13 EPS. Dollar General’s quarterly revenue was up 4.2% on a year-over-year basis. On average, equities research analysts anticipate that Dollar General will post 7.21 earnings per share for the current fiscal year.

Institutional inputs and outputs

A number of large investors have recently bought and sold shares of DG. International Assets Investment Management LLC purchased a new position in Dollar General during the 4th quarter valued at approximately $18,861,000. Federated Hermes Inc. boosted its holdings in Dollar General by 41.0% in the fourth quarter. Federated Hermes Inc. now owns 423 shares of the company’s stock worth $58,000 after purchasing an additional 123 shares in the last quarter. Choreo LLC bought a new position in Dollar General in the 4th quarter valued at about $403,000. Savant Capital LLC purchased a new stake in Dollar General in the 4th quarter valued at $481,000. Finally, Victory Capital Management Inc. boosted its holdings in shares of Dollar General by 16.3% in the fourth quarter. Victory Capital Management Inc. now owns 101,135 shares of the company’s stock worth $13,749,000 after buying an additional 14,182 shares in the last quarter. 91.77% of the shares are held by hedge funds and other institutional investors.

About Dollar General

(Get a free report)

Dollar General Corporation, a discount retailer, provides various merchandise products in the South, Southwest, Midwest, and Eastern United States. Provides consumables including paper and cleaning products such as paper towels, bath tissue, paper tableware, trash and storage bags, disinfectants and laundry detergent; Packaged foods including cereals, pasta, canned soups, fruits and vegetables, spices, seasonings, sugar and flour; and perishables that include milk, eggs, bread, refrigerated and frozen foods, beer and wine.

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