DG Stock Summary and Trading Ideas (Dollar General | NYSE:DG)

With more than 20,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or less.

Dollar General trades on the NYSE stock market under the symbol DG.

As of November 8, 2024, DG stock price declined to $76.95 with 3,442,637 million shares trading.

DG has a beta of 0.36, meaning it tends to be less sensitive to market movements. DG has a correlation of 0.01 to the broad based SPY ETF.

DG has a market cap of $16.92 billion. This is considered a Large Cap stock.

Last quarter Dollar General reported $10 billion in Revenue and $1.70 earnings per share. This fell short of revenue expectation by $-160 million and missed earnings estimates by -$.09.

In the last 3 years, DG traded as high as $262.21 and as low as $76.76.

The top ETF exchange traded funds that DG belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

DG has underperformed the market in the last year with a price return of -33.6% while the SPY ETF gained +38.4%. DG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -34.4% and -4.3%, respectively, while the SPY returned +13.1% and +3.3%, respectively.

DG support price is $76.66 and resistance is $79.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DG shares will trade within this expected range on the day.