Dollar General Delivers In Q3, Plans 900 New Stores

Dollar General Delivers In Q3, Plans 900 New Stores

Professional Advisory Svcs accumulated 246,948 shares or 3.86% of the stock. Vigilant Cap Ltd Com invested 1.25% of its portfolio in Dollar General Corporation (NYSE:DG). The company's quarterly revenue was up 6.5% compared to the same quarter past year. It also reduced its holding in Canadian Pac Ry Ltd (NYSE:CP) by 184,974 shares in the quarter, leaving it with 1,875 shares, and cut its stake in Motorola Solutions Inc (NYSE:MSI). M&R Capital Mngmt owns 0% invested in Dollar General Corporation (NYSE:DG) for 25 shares. Prudential Financial Inc. now owns 453,353 shares of the company's stock worth $32,682,000 after buying an additional 97,120 shares during the last quarter. Parsec Financial Management Inc. boosted its stake in Dollar General by 11.9% in the 3rd quarter. Nomura Asset Management Co. Meeder Asset Management Inc. lifted its position in shares of Dollar General by 22,950.0% in the 3rd quarter. Sigma Planning Corp bought a new stake in shares of Dollar General during the 2nd quarter worth $202,000. Institutional investors and hedge funds own 89.90% of the company's stock. Recently Dollar General Corporation has seen performance for this week at 2.45%. Today it is now trading at $90.85 (0.53%), with an average volume 2495.55, its volume today is 3,743,027. The stock had a trading volume of 3,743,000 shares, compared to its average volume of 2,845,262. Total debt to equity ratio of the company for most recent quarter is 0.54 while Long term debt to equity ratio for same time period is 0.47. The stock has a market capitalization of $24,803.72, a PE ratio of 20.13, a P/E/G ratio of 1.79 and a beta of 0.96. Dollar General Corp. has a 1 year low of $65.97 and a 1 year high of $92.11. (NYSE:DG) by 3.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).

The retailer said Hurricanes Harvey and Irma contributed 30-35 basis points to comparable sales growth, while hurting profit by 5 cents per share in the reported quarter.

For the 39-week period ended November 3, Dollar General's net sales grew 8.5 percent over the year-ago period to $17.3 billion. Sales reached $5.83 billion during the three-month period, compared to the average analyst estimate of $5.8 billion. During the same period in the prior year, the firm posted $0.89 earnings per share. Stockholders of record on Tuesday, January 9th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.42%. Dollar General's dividend payout ratio is presently 23.48%. Barclays Capital maintained the shares of DG in report on Friday, March 11 with "Equal-Weight" rating. BMO Capital Markets reissued a "hold" rating on shares of Dollar General in a research note on Wednesday, September 27th. On Wednesday, December 2 the stock rating was maintained by RBC Capital Markets with "Outperform". Finally, KeyCorp reiterated a "hold" rating on shares of Dollar General in a report on Friday, November 10th. It now has more than 14,000 stores in 44 states, a 35% increase from five years ago. Dollar General now has a consensus rating of "Hold" and an average price target of $82.93.

Company shares don't seem to be happy, as the shares is now trending down to its 52 week low on Thursday As prices near 52w there is enough gap in the intrinsic value and present patterns, so focus should be on the core drivers, not price. The stock was sold at an average price of $77.00, for a total transaction of $866,789.00. Following the completion of the transaction, the executive vice president now directly owns 22,598 shares in the company, valued at $1,740,046.


The company expects full-year earnings to be $4.37 to $4.47 per share.

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Dollar General Corporation conditions right for a bearish pattern and traders can interpret current pattern as signal to sell and for company ellipse on the chart marks RSI movement into overbought region at 73.21.

Same-store sales increases were driven by positive results in the consumables, seasonal and apparel categories, partially offset by negative results in the home products category.

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