Dollar General Corporation (DG) 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 $96.27, down from yesterday’s close by -0.18%. 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 General Corporation (DG) currently trades with a market capitalization of $26.26 Billion. That value represents a market adjusting for revenues that have been growing by 2.00 % 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 $1.16 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $1.4 on a per share basis this quarter. Perhaps, that suggests something about why 4.06% of the outstanding share supply is held by institutional investors.
It’s important to check the technicals to get a sense of how DG has been acting. Looking at the stock’s movement on the chart, Dollar General Corporation recorded a 52-week high of $105.82. It is now trading 9.55% off that level. The stock is trading $94.79 its 50-day moving average by -1.48%. The stock carved out a 52-week low down at $65.97.
In recent action, Dollar General Corporation (DG) has made a move of +7.53% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.08, and it’s gotten there by action that has been more 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 2.41% with $268.26 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of DG.