Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Higher selling, general and administrative https://dotbig.com/markets/stocks/DG/ costs, and supply-chain issues are likely to hurt the bottom-line results of Stitch Fix for first-quarter fiscal 2023. Sign Up NowGet this delivered to your inbox, and more info about our products and services.
How One Retailer Is Fighting Food Insecurity In U.S. Communities
The company provided earnings per share guidance of $3.15-$3.30 for the period, compared to the consensus EPS estimate of $3.67. This repurchase authorization permits the company to purchase up to 3.9% of its shares through open market purchases. https://dotbig.com/ Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued. The company’s average rating score is 2.86, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.
See below and don’t be surprised if you don’t understand how I got it, just know that sometimes these trends and levels really Dollar General Corporation stock capture the price moving forward. The more the price follows or fails the trends the more it becomes valid or invalid.
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more. The PEAD projected a Bullish outlook for $DG after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 57.14%.
- According to analysts’ consensus price target of $268.29, Dollar General has a forecasted upside of 7.8% from its current price of $248.97.
- Its consumables category includes paper and cleaning products, packaged food, perishables, snacks, health and beauty, pet, and tobacco products.
- We suggest investors seek a more attractive entry point as the trading price does not afford a margin of safety.
- Dollar General has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
- More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
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Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Dollar General (DG – Research Report), Brown-Forman B (BF.B – Research Report) and Ocado Group (OCDGF – Research Report).
Dollar General Cuts Full-Year Earnings Guidance After Warehouse Challenges
Historical and current end-of-day data provided by FACTSET. Real-time last sale https://dotbig.com/markets/stocks/DG/ data for U.S. stock quotes reflect trades reported through Nasdaq only.
I opened a short position in DG this morning and am sharing my basic plan. DG is a value store though and if this is truly a recession, which I am not convinced of, would be the only reason this trade fails. Like anything manage risk but this seems obvious to me. The PEAD projected a Bullish outlook for $DG after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 81.82%. The largest declines have fallen in this month, and stocks have usually closed on the upside by the 31st. Leveraging Big Data multi-factor models, the Q-Factor Score is assigned to each stock ranging from “Top Buy” to “Top Short”.
Dollar General Financial Summary
Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. The retailer’s only real Q3 misstep was the same inventory issue most of its competitors had. There may be delays, omissions, or inaccuracies in the Information. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded DotBig from these return calculations. 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dollar General in the last twelve months.
Dollar General Corporation Announces Webcast of its Third Quarter 2022 Earnings Conference Call
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included Dollar General Corporation stock forecast in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.