Dollar General Corporation with ticker code (DG) have now 26 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 285 and 187 calculating the mean target price we have $241.31. Given that the stocks previous close was at $211.85 and the analysts are correct then there would likely be a percentage uptick in value of 13.9%. Also worth taking note is the 50 day moving average now sits at $219.23 and the 200 day MA is $239.14. The total market capitalization for the company now stands at $47,494m. Visit the company website at: https://www.dollargeneral.com
The potential market cap would be $54,098m based on the market consensus.
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine. The company’s consumable products also comprise snacks, such as candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, including over-the-counter medicines and personal care products, such as soaps, body washes, shampoos, cosmetics, and dental hygiene and foot care products; pet supplies and pet food; and tobacco products. In addition, it offers seasonal products comprising holiday items, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, and automotive and home office supplies; and home products that include kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, and bed and bath soft goods. Further, the company provides apparel, which comprise casual everyday apparel for infants, toddlers, girls, boys, women, and men, as well as socks, underwear, disposable diapers, shoes, and accessories. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.
The company has a dividend yield of 1.09% with the ex dividend date set at 10-4-2023 (DMY).
Other points of data to note are a P/E ratio of 20.28, revenue per share of 168.09 and a 7.51% return on assets.
