Dollar Tree Inc (NASDAQ:DLTR) shares, rose in value on Wednesday, March 26, with the stock price up by 3.08% to the previous day’s close as strong demand from buyers drove the stock to $69.21.
Actively observing the price movement in the last trading, the stock closed the session at $67.14, falling within a range of $65.14 and $73.53. The value of beta (5-year monthly) was 0.909. Referring to stock’s 52-week performance, its high was $137.14, and the low was $60.49. On the whole, DLTR has fluctuated by -9.20% over the past month.
With the market capitalization of Dollar Tree Inc currently standing at about $14.88 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Dec-03.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 29.19B, with a low estimate of 4.54B and a high estimate of 7.95B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 7.08B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DLTR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of DLTR currently trading nearly 2.70% and -2.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.46, while the 7-day volatility ratio is showing 7.04% which for the 30-day chart, stands at 5.15%. Furthermore, Dollar Tree Inc (DLTR)’s beta value is 0.93, and its average true range (ATR) is 3.52.
A comparison of Dollar Tree Inc (DLTR) with its peers suggests the former has fared considerably weaker in the market. DLTR showed an intraday change of 3.08% in last session, and over the past year, it shrunk by -44.94%%.
Data on historical trading for Dollar Tree Inc (NASDAQ:DLTR) indicates that the trading volumes over the past 10 days have averaged 4.08 and over the past 3 months, they’ve averaged 3.11 million. According to company’s latest data on outstanding shares, there are 215.03 million shares outstanding.
Nearly 0.12% of Dollar Tree Inc’s shares belong to company insiders and institutional investors own 102.71% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 12.84 million shares as on 2025-03-14, resulting in a short ratio of 3.47. According to the data, the short interest in Dollar Tree Inc (DLTR) stood at 724.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 10.99 million. The stock has fallen by -7.65% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DLTR stock heading into the next quarter.
