Dollar General: Hold Rating with Cautious Optimism Amidst Market Challenges
TipRanks (Mon, 16-Sep 5:56 AM ET)
Insider trades: Notable buys and sells by significant shareholders, executives and directors
Seeking Alpha News (Sat, 14-Sep 1:21 PM ET)
Globe Newswire (Thu, 12-Sep 4:00 PM ET)
Dollar General Announces Partnership with World Central Kitchen in Wake of Hurricane Francine
Business Wire (Thu, 12-Sep 6:55 AM ET)
DG Bear Call Spread at $1.04 Seems to be Above Fair Value
Market Chameleon (Thu, 5-Sep 1:03 PM ET)
How This DG Iron Condor Can Net 33% in 13 Days
Market Chameleon (Tue, 3-Sep 9:59 AM ET)
DG Bear Put Spread Appears to be a Good Buy at $3.64
Market Chameleon (Fri, 30-Aug 3:27 PM ET)
Business Wire (Fri, 30-Aug 11:45 AM ET)
Dollar General Corporation Reports Second Quarter 2024 Results
Business Wire (Thu, 29-Aug 6:50 AM ET)
Business Wire (Wed, 28-Aug 6:55 AM ET)
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 September 19, 2024, DG stock price declined to $86.38 with 3,262,939 million shares trading.
DG has a beta of 0.50, meaning it tends to be less sensitive to market movements. DG has a correlation of 0.02 to the broad based SPY ETF.
DG has a market cap of $18.99 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 stock traded as high as $262.21 and as low as $77.96.
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 return of -21.9%, while the SPY ETF gained +29.8%. In the last 3 month period, DG fell short of the market, returning -31.3%, while SPY returned +4.3%. However, in the most recent 2 weeks DG has outperformed the stock market by returning +6.5%, while SPY returned +3.6%.
DG support price is $85.17 and resistance is $88.56 (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 stock will trade within this expected range on the day.