DLTR Stock Summary and Trading Ideas (Dollar Tree | NASDAQ:DLTR)

Dollar Tree operates discount stores across the United States and Canada, with over 8,600 shops under its namesake banner and nearly 7,800 under Family Dollar. About 47% of Dollar Tree's sales in fiscal 2023 were composed of consumables (including food, health and beauty, and cleaning products), around 45% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (80% of the banner's sales) at prices below $10. About two-thirds of Family Dollar's stores are located in urban and suburban markets, with the remaining one-third located in rural areas.

Dollar Tree trades on the NASDAQ stock market under the symbol DLTR.

As of December 20, 2024, DLTR stock price climbed to $72.94 with 5,255,878 million shares trading.

DLTR has a beta of 1.04, meaning it tends to be more sensitive to market movements. DLTR has a correlation of 0.11 to the broad based SPY ETF.

DLTR has a market cap of $15.68 billion. This is considered a Large Cap stock.

Last quarter Dollar Tree reported $8 billion in Revenue and $1.12 earnings per share. This beat revenue expectation by $128 million and exceeded earnings estimates by $.04.

In the last 3 years, DLTR traded as high as $177.19 and as low as $60.49.

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

DLTR has underperformed the market in the last year with a return of -45.7%, while the SPY ETF gained +27.8%. In the last 3 month period, DLTR fell short of the market, returning +1.7%, while SPY returned +4.4%. However, in the most recent 2 weeks DLTR has outperformed the stock market by returning +1.5%, while SPY returned -2.4%.

DLTR support price is $67.33 and resistance is $70.79 (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 DLTR shares will trade within this expected range on the day.