Summary:
- Dollar Tree (DLTR, Financial) exceeded Q1 expectations with strong sales from Valentine’s and Easter.
- The company is set to complete the sale of Family Dollar by early summer.
- Analysts set price targets, suggesting a potential modest downside but a significant upside according to GuruFocus estimates.
Dollar Tree Inc. (DLTR) delivered an impressive first-quarter performance, significantly surpassing market expectations with an adjusted earnings per share (EPS) of $1.26. This remarkable outcome was largely driven by a surge in sales during the Valentine’s and Easter periods. The company successfully attracted 2.6 million new customers, resulting in an 11.3% increase in revenue. Additionally, regulatory approval has been secured for the sale of Family Dollar, with the completion anticipated by early summer.
Wall Street Analysts Forecast
Drawing insights from the latest analysis, the one-year price targets provided by 21 analysts present an average target of $88.77 for Dollar Tree Inc. (DLTR, Financial), with estimates ranging from a high of $108.00 to a low of $70.00. This average target suggests a potential downside of 1.43% from the current trading price of $90.06. For a deeper dive into these projections, visit the Dollar Tree Inc (DLTR) Forecast page.
Moreover, the consensus among 27 brokerage firms rates Dollar Tree Inc. (DLTR, Financial) with an average recommendation score of 2.6, classifying it as a "Hold." The rating system ranges from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell.
According to GuruFocus estimates, the GF Value for Dollar Tree Inc. (DLTR, Financial) is projected to be $125.30 within the next year. This represents an anticipated upside of 39.12% from its current price of $90.06. The GF Value reflects GuruFocus' assessment of the appropriate trading value, derived from historical trading multiples alongside past business growth and future performance projections. For comprehensive data, explore the Dollar Tree Inc (DLTR) Summary page.
