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 $149.91, down 4.53% from the previous day, and has increased 13.71% in one year. It has overperformed other stocks in the Discount Stores industry by 0.14 percentage points. Dollar Tree stock is currently +20.16% from its 52-week low of $124.76, and -15.4% from its 52-week high of $177.19.
At the moment, there are 221.18M shares of DLTR outstanding. The market capitalization of DLTR is $33.16B. In the last 24 hours, 4.29M 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 an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Dollar Tree stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your info.
- 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 analysis website can help you understand 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 purchase DLTR shares at a particular price.
- Get key alerts regarding your investment in DLTR: Create a watchlist to important notifications about your investment in Dollar Tree stock.
Step 1: Figure out where to buy Dollar Tree stock
You need an online brokerage account to access the NASDAQ market and buy DLTR shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal information so you are able to buy DLTR stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Enter your personal details to open a new trading account.
- Submit your details by clicking the "Create Account" button.
Step 3: Fund your brokerage account
Now that you've finished signing up on one of the most highly reviewed stock trading apps, you can securely and quickly fund your account:
Watch this video walkthrough if you need help transferring money into your brokerage account.
Step 4: Research Dollar Tree stock
After you have chosen the best place to buy Dollar Tree stock, it's critical to analyze their stock prior to buying, so you can understand the risk as well as the opportunity.
Dollar Tree stock at a glance
Dollar Tree Due Diligence Checks
WallStreetZen was designed to help average investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on DLTR's stock page.
How is DLTR stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge DLTR's fair value.
Using relative valuations metrics:
- DLTR may be undervalued based on its P/E ratio of 20.82x, relative to Discount Stores industry P/E ratio of 37.39x
- DLTR may be undervalued based on its P/B ratio of 4.01x, relative to Discount Stores industry P/B ratio of 6.43x
- DLTR could be overvalued based on its PEG ratio of 1.15x
You can access more valuation analysis on DLTR's stock here.
DLTR Financials at a glance
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the DLTR balance sheet.
- DLTR has cash burn of 52600000. It has sufficient cash and short-term investments to cover this for at least one year.
- DLTR has $506.90M in cash and short term investments. This is enough to cover its annual cash burn of $52.60M.
- DLTR profit margin has gone up from 5.3% to 5.8% in the past year.
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 1.77.
- Total DLTR debt is higher than 5 years ago, relative to shareholder equity.
Is Dollar Tree stock a Buy, Hold, or Sell, according to analysts?
Out of 12 sell side analysts who research DLTR, the consensus analyst rating on Dollar Tree is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent DLTR Analyst Upgrades/Downgrades
Matthew Boss, a top 16% analyst from JP Morgan maintains DLTR with a strong buy rating and lowers their DLTR price target from $170.00 to $160.00, on Jan 19, 2023.
Karen Short, a bottom 9% analyst from Credit Suisse assumes DLTR with a hold rating and announces their DLTR price target of $150.00, on Dec 20, 2022.
An analyst from OTR Global upgrades DLTR to a strong buy rating, on Nov 16, 2022.
Krisztina Katai, a top 10% analyst from Deutsche Bank maintains DLTR with a strong buy rating and lowers their DLTR price target from $185.00 to $163.00, on Aug 29, 2022.
Scot Ciccarelli, a top 3% analyst from Truist Securities maintains DLTR with a strong buy rating and lowers their DLTR price target from $178.00 to $168.00, on Aug 26, 2022.
You can dive deeper into what analysts are forecasting on the Dollar Tree stock forecast page.
DLTR Technicals
DLTR Growth Numbers
Last year, DLTR earnings were $1.62B. During the last 5 year, DLTR's earnings have increased by 11.33% per year. This was faster than the Discount Stores industry average of 6.16%.
Last year, DLTR revenue was $27.69B. Over the last five year, DLTR's revenue has grown by 5.17% per year. This was slower than the Discount Stores industry average of 7.18%.
Dive into DLTR's earnings and revenue performance here.
What are DLTR executives and large shareholders up to?
In the last 12 months, executives and large shareholders at DLTR have sold more shares than they have bought.
Janet Dhillon, Chief Legal Officer of DLTR, was the latest DLTR insider to buy. They bought $249,924.48 worth of DLTR shares on Dec 30, 2022.
Get more info about who owns DLTR stock here.
Does DLTR provide a stable income stream?
No, Dollar Tree doesn't provide an income stream by paying out dividends.
DLTR Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your DLTR purchase
You have two primary 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 the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you require more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in DLTR
Now that you own some shares in DLTR, you'll want to keep up with your company.
Make a watchlist to track the latest developments regarding your DLTR stock.
DLTR Feed
How to Buy Stock in Dollar Tree
To reiterate, 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 need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your new investment in Dollar Tree, create your watchlist below.
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