Dollar General Corporation Target of Unusually High Options Trading (DG)

Dollar General Corporation (DG) Scheduled to Post Quarterly Earnings on Thursday

Included in diluted earnings per share for the 2017 second quarter was an approximate $0.02 charge primarily for the lease termination costs related to the stores it acquired.

Dollar General Corporation (NYSE:DG) last released its quarterly earnings data on Thursday, June 1st. "This is an outcome we hinted at last quarter and, in our view, it underlines the fact that Dollar General is now coming into a period of slimmer returns", Saunders warned in an email to Retail Dive. Seven analysts surveyed by Zacks expected $5.82 billion. Dollar General Corporation's quarterly revenue was up 8.1% compared to the same quarter previous year. Deutsche Bank AG reiterated a "hold" rating and set a $79.00 price target (up previously from $78.00) on shares of Dollar General Corporation in a report on Saturday, June 3rd. The stock has a market cap of $21.04 billion, a P/E ratio of 17.35 and a beta of 0.93. After a recent check, company stock has been trading near the $76.59 mark. On a per share basis, net income was flat at $1.08 per share as the company had fewer shares outstanding. More broadly, it doesn't help that competitors are taking share from Dollar General in higher-margin categories, he noted. For the past 5 years, the company's revenue has grown -1.8%, while the company's earnings per share has grown 0.7%.

Dollar General's sales from stores open more than 12 months rose 2.6 percent in the second quarter ended August 4, above the 1.6 percent expected by analysts polled by Consensus Metrix. The company's 50 day moving average price is $73.82 and its 200 day moving average price is $72.86. Including today's unusual volume, Dollar General Corporation's stock is performing at 3.59% on the year. Dollar General Corporation's yield ratio (DPR) is presently 23.48%. Stock traders bought 9,363 put options on the stock. Dollar General Corporation also was the recipient of unusually big options trading on early Monday.

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A number of key analysts, polled by FactSet, shared their views about the current stock momentum. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & worldwide copyright & trademark law.

At the moment 30 analysts are watching Dollar General Corporation (NASDAQ:DG), 7 rate it "Buy", 6 "Outperform", 16 "Underperform", 0 "Sell", while 1 "Hold". Finally, Gordon Haskett started coverage on Dollar General Corporation in a report on Tuesday, May 9th. Two Brokerage firms have recommended the share with a sell recommendation, fourteen have issued a hold recommendation and twelve has issued a buy recommendation to the firms shares. the share has a consensus rating of "Hold" and a consensus price objective of $81.56. Dollar General Corporation now has a consensus rating of "Hold" and an average price target of $81.56. The Firm offers a selection of merchandise, including consumables, seasonal, home products and apparel.

Among 27 analysts covering Dollar General Corp. The Company's consumables category includes paper and cleaning products; packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

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