Today, a Director at Dollar Tree, Thomas A. Saunders, exercised options of Dollar Tree (NASDAQ: DLTR) for $795.4K.
Following this transaction Thomas A. Saunders’ holding in the company was increased by 1.07% to a total of $234 million. Following Thomas A. Saunders’ last DLTR Buy transaction on March 20, 2018, the stock climbed by 1.4%.
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Based on Dollar Tree’s latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $6.36 billion and quarterly net profit of $1.04 billion. In comparison, last year the company earned revenue of $5.29 billion and had a net profit of $201 million. DLTR’s market cap is $22.87B and the company has a P/E ratio of 13.37. Currently, Dollar Tree has an average volume of 18.42M.
31 different firms, including Barclays and BMO Capital, currently also have a Buy rating on the stock. Based on 14 analyst ratings, the analyst consensus is Strong Buy with an average price target of $110.07, reflecting a -25.0% downside. Starting in March 2018, DLTR received 11 Buy ratings in a row.
The insider sentiment on Dollar Tree has been positive according to 88 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Dollar Tree, Inc. owns and operates discount variety stores offering merchandise at the fixed prices. It operates stores under the names Dollar Tree, Deal, Dollar Tree Deal, Dollar Giant and Dollar Bills. The company offers selection of everyday basic products and its supplement these basic, everyday items with seasonal, closeout and promotional merchandise.
