Is Dollar General Corp. (DG) positioned for future growth?

With 1.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.72 million shares. The 52-week range on DG shows that it touched its highest point at $233.74 and its lowest point at $101.09 during that stretch. It currently has a 1-year price target of $138.69. With its current market cap of 29.70 billion, DG has annualized dividend of $2.24 while the current yield stands at 1.65%. Beta for the stock currently stands at 0.39.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DG was up-trending over the past week, with a rise of 2.44%, but this was up by 0.80% over a month. Three-month performance surged to 13.15% while six-month performance fell -18.14%. The stock lost -40.75% in the past year, while it has lost -0.49% so far this year. A look at the trailing 12-month EPS for DG yields 8.69 with Next year EPS estimates of 7.37. For the next quarter, that number is 1.72. This implies an EPS growth rate of -30.27% for this year and -1.06% for next year. EPS is expected to decline by -5.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.65%.

Float and Shares Shorts:

At present, 219.10 million DG shares are outstanding with a float of 218.79 million shares on hand for trading. On Jan 11, 2024, short shares totaled 6.75 million, which was 3.08% higher than short shares on Dec 14, 2023. In addition to Mr. Todd J. Vasos as the firm’s CEO & Director, Mr. Carman R. Wenkoff serves as its Executive VP & Chief Information Officer.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With DG analysts setting a high price target of $170.00 and a low target of $80.00, the average target price over the next 12 months is $138.69. Based on these targets, DG could surge 25.66% to reach the target high and fall by -40.87% to reach the target low. Reaching the average price target will result in a growth of 2.51% from current levels.

Summary of Insider Activity:

Insiders traded DG stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 35 while that of sell transactions has risen to 17 over the past year. The total number of shares bought during that period was 197,984 while 83,255 shares were sold.