Dollar Tree, Inc. (DLTR) is an interesting player in the Services space, with a focus on Discount, Variety Stores. The stock has been active on the tape, currently trading at $104.74, down from yesterday’s close by -2.68%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
Dollar Tree, Inc. (DLTR) currently trades with a market capitalization of $24.81 Billion. That value represents a market adjusting for revenues that have been growing by 6.30 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of $1.05 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $1.88 on a per share basis this quarter. Perhaps, that suggests something about why 1.81% of the outstanding share supply is held by institutional investors.
It’s important to check the technicals to get a sense of how DLTR has been acting. Looking at the stock’s movement on the chart, Dollar Tree, Inc. recorded a 52-week high of $116.65. It is now trading 11.91% off that level. The stock is trading $109.34 its 50-day moving average by 4.6%. The stock carved out a 52-week low down at $65.63.
In recent action, Dollar Tree, Inc. (DLTR) has made a move of -8.79% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 12.51, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.73% with $230.74 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of DLTR.