Core Viewpoint - Dollar Tree, Inc. is showing potential for a bullish breakout as its stock appears to have formed an ascending triangle pattern, which is typically indicative of upward price movement [1]. Technical Analysis - Technical analysis often faces skepticism due to a lack of understanding of underlying fundamentals, with analysts sometimes identifying patterns without grasping the price actions that lead to their formation [2]. - Patterns such as 'rounded tops' or 'rounded bottoms' can emerge from prolonged leadership changes, while a single-day shift may result in a 'reversal day' pattern [3]. Dollar Tree's Chart Analysis - The ascending triangle pattern on Dollar Tree's chart indicates that sellers are patient around the $76.60 resistance level, willing to sell if buyers approach but ready to wait otherwise [4]. - The pattern also reflects increasing aggressiveness from buyers, who are willing to pay higher prices over time [4]. - The formation of higher lows in the market suggests that buyers are entering at elevated price points, reinforcing the bullish sentiment [5]. Market Dynamics - The ascending triangle pattern illustrates the interaction between aggressive buyers and patient sellers, which typically suggests a bullish trend for Dollar Tree [5].

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a v ...

In the latest trading session, Dollar Tree (DLTR) closed at $76.29, marking a +0.89% move from the previous day. This change outpaced the S&P 500's 0.43% loss on the day. Meanwhile, the Dow experienced a drop of 1.01%, and the technology-dominated Nasdaq saw a decrease of 0.47%.Shares of the discount retailer witnessed a gain of 5.07% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 5.51% and outperforming the S&P 500's gain of 2.6%.Market participants will b ...

Core Viewpoint - Investors in the Retail - Discount Stores sector should consider Dollar Tree (DLTR) and TJX (TJX) as potential undervalued stocks, with a focus on their valuation metrics and earnings outlooks [1]. Valuation Metrics - Both Dollar Tree and TJX currently hold a Zacks Rank of 2 (Buy), indicating positive revisions to their earnings estimates and improving earnings outlooks [3]. - Dollar Tree has a forward P/E ratio of 12.48, significantly lower than TJX's forward P/E of 26.95, suggesting that Dollar Tree may be undervalued [5]. - The PEG ratio for Dollar Tree is 2.14, while TJX's PEG ratio is 2.76, indicating that Dollar Tree has a more favorable earnings growth outlook relative to its price [5]. - Dollar Tree's P/B ratio stands at 2.13, compared to TJX's P/B of 16.98, further supporting the argument that Dollar Tree is a better value option [6]. Value Grades - Based on various valuation metrics, Dollar Tree has earned a Value grade of A, while TJX has received a Value grade of C, highlighting Dollar Tree's superior valuation profile [6].

Dollar Tree Inc (NASDAQ:DLTR) stock has been in a persistent downtrend over the past 12 months, shedding 48.1% of its value in that time. The security has managed only two positive months over the last year, and in November, it reached its lowest price since March 2020. However, from a contrarian perspective, DLTR has recently pulled back to a historically bullish trendline, suggesting a potential reversal opportunity.The security just came withing one standard deviation of its 80-day moving average, a leve ...

Dollar Tree (NASDAQ: DLTR ) has faced some tough business environments in the last 12 months, which has resulted in the stock plummeting 47% compared to last year. While management has successfully attracted more traffic through the doors in the last quarter, macroeconomicMitko Atanasov holds an MA in Finance and has served as an equity analyst for one of the UK's largest asset management firms. His Personal stock market experience began in 2010 as a long-term investor. Since then, he has capitalized on opp ...

Core Insights - Dollar Tree, Inc. is enhancing shopper experience through strategic store portfolio optimization, including openings, renovations, and closures [1] - Analysts are optimistic about Dollar Tree's future, with fiscal 2025 sales and earnings per share estimates at $32.2 billion and $6.06, reflecting year-over-year growth of 4.4% and 12.4% respectively [1] Group 1: Strategic Initiatives - Dollar Tree is benefiting from key real estate initiatives, expanding its $3 and $5 plus assortment and Combo Stores as part of its multi-price expansion strategy [2] - The company converted 720 stores to the 3.0 format in Q3 of fiscal 2024, totaling nearly 2,300 converted stores, which generated about 30% of overall quarterly net sales [3] - The multi-price 3.0 stores achieved a 3.3% comparable sales increase in Q3, with a strong 6.6% in consumables [3] Group 2: Product Assortment and Integration - Dollar Tree is expanding its product assortment across various categories, including food, beverages, and personal care, and has nearly completed the integration of $0.99 only stores [4] - These initiatives are expected to enhance comparable store sales (comps) and profitability [4] Group 3: Family Dollar Review - The company is conducting a comprehensive review of its Family Dollar portfolio, identifying nearly 970 underperforming stores for closure or re-bannering, with 600 stores set to close in the first half of fiscal 2024 [5] - The review aims to align the store portfolio with the company's transformative vision [5] Group 4: Challenges - Dollar Tree is facing challenges in its Family Dollar segment due to sluggish demand among low-income consumers, exacerbated by reduced government SNAP benefits [6] - Financial stress on lower-income households is shifting spending towards needs-based goods, negatively impacting discretionary demand [7] - The company has also seen an increase in selling, general, and administrative expenses, which rose by 80 basis points to 26.5% in Q3 of fiscal 2024 [7] Group 5: Market Performance - Despite challenges, Dollar Tree's strategic efforts in the Family Dollar segment are encouraging, with shares gaining 10.9% over the past three months compared to the industry's 7.2% growth [10]

Company Performance - Dollar Tree (DLTR) closed at $74.50, with a slight increase of +0.4% from the previous trading session, underperforming the S&P 500 which gained 0.53% [1] - Over the past month, Dollar Tree shares have decreased by 0.99%, while the Retail-Wholesale sector gained 5.57% and the S&P 500 increased by 1.24% [1] Earnings Expectations - The upcoming earnings report for Dollar Tree is expected to show an EPS of $2.18, representing a 14.51% decline compared to the same quarter last year [2] - Revenue is projected to be $8.24 billion, reflecting a 4.61% decrease from the equivalent quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $5.39 per share, indicating an 8.49% decrease, while revenue is projected at $30.8 billion, showing a slight increase of 0.65% from the previous year [3] Analyst Sentiment - Recent changes to analyst estimates for Dollar Tree are crucial as they reflect near-term business trends, with positive revisions indicating analyst optimism regarding the company's profitability [3][4] - The Zacks Rank system, which assesses estimate changes, currently ranks Dollar Tree at 3 (Hold) [5] Valuation Metrics - Dollar Tree's Forward P/E ratio stands at 13.76, which is below the industry average of 20.87, indicating a valuation discount [6] - The company has a PEG ratio of 2.36, which is in line with the industry average for the Retail - Discount Stores sector [6] Industry Context - The Retail - Discount Stores industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 41, placing it in the top 17% of over 250 industries [7] - The top 50% rated industries tend to outperform the bottom half by a factor of 2 to 1, indicating a favorable environment for Dollar Tree within its industry [7]

Dollar Tree, Inc. (DLTR) is trading above its 50-day simple moving average (SMA), signaling a bullish trend. The company is gaining from sales growth across segments, higher traffic trends and market share gains.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as it is the first marker of a stock’s uptrend or downtrend.DLTR Stock Trading Above 50 Day Moving AverageImage Source: Zacks Investment ResearchDLTR has show ...

The latest trading session saw Dollar Tree (DLTR) ending at $72.07, denoting a +1.39% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 1%. At the same time, the Dow added 0.78%, and the tech-heavy Nasdaq gained 1.51%.Coming into today, shares of the discount retailer had gained 2.92% in the past month. In that same time, the Retail-Wholesale sector lost 3.58%, while the S&P 500 lost 2.14%.Investors will be eagerly watching for the performance of Doll ...