How to Buy Dollar Tree Stock
Dollar Tree Inc
Dollar Tree, Inc. operates discount variety retail stores. It operates in two segments, Dollar Tree and Family Dollar.
Dollar Tree stock last closed at $67.73, up 1.39% from the previous day, and has decreased 38.48% in one year. It has underperformed other stocks in the Discount Stores industry by 0.71 percentage points. Dollar Tree stock is currently +11.37% from its 52-week low of $60.82, and -55.21% from its 52-week high of $151.22.
At the moment, there are 214.99M DLTR shares outstanding. The market cap of DLTR is $14.56B. In the last 24 hours, 2.79M DLTR shares were traded.
How to Buy Dollar Tree Stock
Wondering how to invest in Dollar Tree stock? Here's how.
- Figure out where to buy Dollar Tree stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Dollar Tree stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your method of payment and add your information.
- Research Dollar Tree stock: The Dollar Tree ticker symbol is DLTR. Is Dollar Tree stock a good investment? Should you buy shares of DLTR? How do DLTR's underlying business fundamentals look? Do top analysts think Dollar Tree is a good buy? Why has DLTR's stock price moved recently? (Hint: Our stock market research website can help you evaluate if DLTR is a good stock to buy).
- Make your DLTR purchase: Decide if you will purchase DLTR shares at the current market price or use a limit order to buy DLTR stock at a particular price.
- Get key alerts regarding your investment in DLTR: Create a watchlist to important updates regarding your position in Dollar Tree stock.
Step 1: Figure out where to buy Dollar Tree stock
You need a brokerage account in order to access the NASDAQ market and buy DLTR stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you can invest in DLTR today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on the best stock trading app for beginners, you can securely and quickly fund your account:
Watch this video walkthrough for more details transferring funds into your investment account.
Step 4: Research Dollar Tree stock
Once you have selected the best place to buy Dollar Tree stock, it's crucial to analyze their stock before you buy, so you actually understand the risk and opportunity.
Dollar Tree Metrics
DLTR Due Diligence Checks
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on DLTR's stock page.
Is DLTR stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge DLTR's true value.
Using relative valuations metrics:
- DLTR could be undervalued based on its P/B ratio of 1.97x, relative to Discount Stores industry P/B ratio of 8.35x
You can do more valuation analysis on DLTR's stock here.
DLTR Financial Summary
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the DLTR balance sheet.
- DLTR's operating cash flow of $2.76B allows it to safely service it's debt of $10.80B.
- Total DLTR debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the DLTR balance sheet.
- DLTR has a relatively high debt to equity ratio of 2.07.
- DLTR earnings of -$965.80M is not sufficient to cover its interest payments.
- DLTR profit margin has gone down from 4.2% to -3.4% in the past year.
Is Dollar Tree stock a Buy, Hold, or Sell, according to analysts?
Out of 16 Wall Street analysts who monitor DLTR, the consensus analyst rating on Dollar Tree is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent DLTR Analyst Ratings
Joe Feldman, a top 1% analyst from Telsey Advisory Group maintains DLTR with a buy rating and lowers their DLTR price target from $120.00 to $95.00, on Sep 5, 2024.
Seth Sigman, a bottom 1% analyst from Barclays maintains DLTR with a hold rating and lowers their DLTR price target from $128.00 to $81.00, on Sep 5, 2024.
Scot Ciccarelli, a top 5% analyst from Truist Securities maintains DLTR with a strong buy rating and lowers their DLTR price target from $140.00 to $79.00, on Sep 5, 2024.
Michael Lasser, a top 6% analyst from UBS maintains DLTR with a strong buy rating and lowers their DLTR price target from $155.00 to $105.00, on Sep 5, 2024.
Greg Melich, a top 5% analyst from Evercore ISI Group maintains DLTR with a hold rating and lowers their DLTR price target from $128.00 to $78.00, on Sep 5, 2024.
Evercore ISI Group's Greg Melich lowered their price target on Dollar Tree (NASDAQ: DLTR) by 39.1% from $128 to $78 on 2024/09/05. The analyst maintained their Hold rating on the stock.
Dollar Tree reported its Q2 2024 earnings on 2024/09/04.
Melich said the quarter's results were "a reminder of the risk inherent in executing a retail turnaround in the context of an unforgiving consumer backdrop."
The analyst detailed that Dollar Tree is facing the challenge of driving traffic and holding market share in a decelerating low to middle-income shopping environment in which Walmart and Amazon are gaining market share - the same challenge that Five Below and Dollar General are attempting to address.
Earnings Report
For Q2 2024, Dollar Tree reported:
- EPS of $0.67, which missed the Zacks Consensus Estimate of $1.03 and, by %, Q2 2023's $0.91.
- Revenue of $7.379B, which missed the Zacks Consensus Estimate of $7.5B but beat Q2 2023's $7.325B by 0.7%.
Management guided:
For Q3 2024:
- EPS of $1.05 to $1.15.
- Revenue of $7.4B to $7.6B.
For FY 2024:
- EPS of $5.20 to $5.60.
- Revenue of $30.6B to $30.9B.
Chairman & CEO Rick Dreiling commented: “We are encouraged by the continuous progress we are making in the transformation underway at Dollar Tree and Family Dollar, despite immense pressures from a challenging macro environment.
"Customers are responding favourably to initiatives like our expanded multi-price offering, and we already see a meaningful sales lift at the 1,600 Dollar Tree stores that have been converted to our newest in-line multi-price format.
"With thousands of stores left to convert, we believe we are still in the very early innings of this rollout, with many years of runway left ahead of us.”
CFO Jeff Davis added: “Our adjusted EPS of $0.67 was $0.38 below the midpoint of our previous guidance range.
"While the vast majority of this variance was attributable to an adjustment of our general liability accrual, a portion was attributable to a comp shortfall which reflected the increasing effect of macro pressures on the purchasing behavior of Dollar Tree’s middle- and higher-income customers.”
You can dive deeper into what analysts are saying on the Dollar Tree stock forecast page.
DLTR Trading Indicators
DLTR Growth Numbers
Last year, DLTR revenue was $30.97B. Over the past five year, DLTR's revenue has increased by 5.86% per year. This was slower than the Discount Stores industry average of 7.24%.
You can research DLTR's earnings and revenue performance here.
What are DLTR executives and large shareholders up to?
Over the last 12 months, insiders at DLTR have bought more shares than they have sold.
Daniel J. Heinrich, Director of DLTR, was the latest DLTR insider to buy. They bought $150,194.00 worth of DLTR shares on Sep 6, 2024.
Research more about who owns DLTR shares here.
Can I rely on DLTR as an income stream?
No, Dollar Tree doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your DLTR purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open button and your broker will execute the order.
If you want more help buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your investment in DLTR
Now that you own some DLTR shares, you'll want to keep up with your new company.
Start a watchlist to track your DLTR stock.
DLTR Feed
How to Buy Stock in Dollar Tree
To summarize, here are the 6 steps you need to take to buy Dollar Tree stock right now:
- Figure out where to buy Dollar Tree stock
- Open a brokerage account
- Fund your brokerage account
- Research Dollar Tree stock
- Make your DLTR purchase
- Get key alerts regarding your investment in DLTR
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your new investment in Dollar Tree, click below.
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