- Dollar General is set to release its Q1 earnings, with projected declines in EPS but growth in revenue.
- Wall Street maintains a cautious outlook, with mixed revision trends in EPS and revenue forecasts.
- GuruFocus estimates suggest a significant potential upside in Dollar General's stock value.
Dollar General Corp. (DG) is gearing up for its first-quarter earnings announcement on June 3rd. Analysts are forecasting an earnings per share (EPS) of $1.49, a 9.7% decline compared to the same quarter last year. However, revenue is expected to rise by 3.8%, reaching $10.29 billion. Over the past two years, Dollar General has exceeded EPS estimates 38% of the time while surpassing revenue estimates 63% of the time. Recent EPS forecasts saw 17 downward revisions without any upward adjustments, while revenue projections experienced five upward and nine downward revisions.
Wall Street Analysts Forecast
An analysis of one-year price targets provided by 25 analysts indicates an average target price of $95.22 for Dollar General Corp (DG, Financial), with expectations ranging from $80.00 to $120.00. This average target reflects a slight downside of 1.80% compared to the current trading price of $96.96. Investors seeking more in-depth estimate data can visit the Dollar General Corp (DG) Forecast page.
The consensus recommendation from 31 brokerage firms currently rates Dollar General Corp (DG, Financial) at 2.5, indicating an "Outperform" status. This rating scale spans from 1, representing a Strong Buy, to 5, denoting a Sell position.
According to GuruFocus estimates, the projected GF Value for Dollar General Corp (DG, Financial) in the next year is $173.03. This suggests a promising upside of 78.46% from the current price of $96.96. The GF Value is derived from historical trading multiples, past business growth, and future performance predictions. More detailed information is available on the Dollar General Corp (DG) Summary page.
