- Dollar Tree's CFO, Stewart Glendinning, makes a significant purchase of company shares, signaling confidence in future growth.
- Analyst predictions suggest a potential upside of over 14% in the coming year.
- GuruFocus estimates indicate a substantial upside potential of nearly 70% from current price levels.
Dollar Tree Inc. (DLTR, Financial) has recently seen a notable investment move from its Chief Financial Officer, Stewart Glendinning. By acquiring approximately $1.24 million worth of shares, Glendinning has increased his direct ownership in the company, purchasing 17,000 shares at an average price of $72.83 per share. This acquisition boosts his total direct ownership to 49,353 shares, reflecting strong confidence in the company's future performance.
Wall Street Analysts' Forecast
Analysts on Wall Street have provided a range of one-year price targets for Dollar Tree Inc. (DLTR, Financial), with an average target of $83.96. Estimates vary, with a high forecast of $103.22 and a low forecast of $70.00. This suggests a potential upside of 14.69% from the current trading price of $73.21. Investors looking to delve deeper into these predictions can access further details on the Dollar Tree Inc. (DLTR) Forecast page.
Brokerage Firm Recommendations
Delving into the consensus among 28 brokerage firms, Dollar Tree Inc. (DLTR, Financial) currently holds an average brokerage recommendation of 2.6, categorizing it as a "Hold." The recommendation scale ranges from 1, indicating a Strong Buy, to 5, indicating a Sell. This reflects a moderate level of confidence in the short-term prospects of Dollar Tree.
GuruFocus Valuation Metrics
According to GuruFocus estimates, the estimated GF Value for Dollar Tree Inc. (DLTR, Financial) projects a robust upside of 69.43% with a forecasted value of $124.04. The GF Value metric represents GuruFocus' calculated fair value, derived from historical trading multiples and projections of business growth. Investors interested in a comprehensive overview should visit the Dollar Tree Inc. (DLTR) Summary page for more insights.
