Key Highlights:
- Dollar General's shares rise by 9.1% following a positive earnings report and upgraded full-year outlook.
- Wall Street analysts project a slight downside potential with an average price target of $95.22.
- GuruFocus estimates a significant upside of 78.07% based on their GF Value assessment.
Dollar General's Impressive Performance
Dollar General (DG, Financial) saw a notable 9.1% increase in its stock price during pre-market trading, thanks to a robust performance report. The retail giant reported a 2.4% boost in Q1 same-store sales, prompting an upward revision of its full-year outlook. The company now anticipates same-store sales growth between 1.5% and 2.5%, a positive shift from its initial projection of 1.2% to 2.2%.
Wall Street Analysts' Insights
Based on insights from 25 analysts, the one-year price target for Dollar General Corp (DG, Financial) averages at $95.22. Price targets range from a low of $80.00 to a high of $120.00, suggesting a potential downside of 2.01% from the current trading price of $97.17. For further detail on these estimates, investors can visit the Dollar General Corp (DG) Forecast page.
Moreover, the consensus recommendation from 31 brokerage firms places Dollar General Corp (DG, Financial) at an average recommendation score of 2.5, denoting an "Outperform" status. This rating scale spans from 1, indicating a Strong Buy, to 5, representing a Sell.
GuruFocus Valuation Analysis
According to GuruFocus metrics, the estimated GF Value for Dollar General Corp (DG, Financial) over the next year is $173.03, signaling a substantial upside of 78.07% from the present price of $97.17. The GF Value represents the stock's fair trading value, calculated using historical trading multiples, past business growth, and future performance projections. For comprehensive data, visit the Dollar General Corp (DG) Summary page.
