
Dollar General Corporation (DG)
81.84 USD +5.60 (+7.35%) Volume: 7.19M
Dollar General Corporation’s stock price soared to $81.84, marking a significant trading session gain of +7.35%, driven by a robust trading volume of 7.19M. The retail giant’s share price has also recorded a positive year-to-date change of +7.94%, reflecting its strong market performance.
Latest developments on Dollar General Corporation
Recent events have impacted Dollar General‘s stock price movements today. The company’s Q4 earnings are expected to decline, leading to a lowered price target from $88 to $85 at Telsey Advisory and further down to $95 from $108 at UBS. Despite this, Dollar General continues to expand with new market openings in Silver Lake, Dover, Frederica, and Danville. However, incidents like the deadly Lynchburg shooting and a robbery at a Winston-Salem store have raised concerns. With ongoing trials and investigations, investors are closely watching Dollar General‘s performance amidst these challenges.
Dollar General Corporation on Smartkarma
Analysts on Smartkarma are closely monitoring Dollar General, with Baptista Research providing a bullish outlook on the company’s performance. In their report, they highlighted Dollar General‘s operational resilience in the face of challenging external conditions, such as the impact of hurricanes in the Southeast. Despite these challenges, the company’s overall sales were minimally affected. Baptista Research is conducting an independent valuation of Dollar General using a Discounted Cash Flow (DCF) methodology to assess the factors that could influence the company’s stock price in the near future.
MBI Deep Dives also shared their insights on Dollar General, expressing a positive shift in their outlook following the company’s recent earnings report. Despite initial concerns, they have updated their thoughts in a more optimistic direction after analyzing information from Dollar General and other industry players. While they have decided not to invest more capital directly, they plan to increase their exposure to Dollar General through long-dated call options, indicating a level of confidence in the company’s potential for growth.
A look at Dollar General Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Dollar General has received high ratings for its Dividend and Value, indicating a positive long-term outlook for the company. With a strong focus on providing value to its customers and consistently paying dividends to its investors, Dollar General is positioned well in the retail market. However, the company scored lower in terms of Resilience and Growth, suggesting some potential challenges in these areas. Overall, Dollar General‘s solid performance in Dividend and Value bodes well for its future prospects.
Dollar General Corporation operates discount retail stores across various regions in the United States, offering a wide range of products to its customers. With a focus on providing affordable merchandise, including consumable and non-consumable items, Dollar General has established itself as a popular choice for budget-conscious shoppers. Despite facing some challenges in terms of Resilience and Growth, the company’s strong performance in Dividend and Value reflects its commitment to delivering value to both customers and investors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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