Dollar Tree is now selling goods at a buck and a quarter.
According to several social media posts, consumers are not satisfied about the discount retail company’s planned price increase.
In November, Dollar Tree said that it planned to implement price hikes that would lead to a midpoint of $1.25. In late September, the company revealed plans to test the sale of goods priced at $3 and $5, alongside its traditional $1 offerings, in 500 "Dollar Tree Plus" stores by year's end; another 1,500 is planned for fiscal 2022.
Dollar Tree announced on Tuesday that they had a very positive response from the “overwhelming majority” of customers around the $1.25 price point and the “extreme value and broader product selection it has enabled, especially in these inflationary times."
The 50-day moving average for DLTR moved above the 200-day moving average on February 07, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
The Momentum Indicator moved above the 0 level on February 01, 2024. You may want to consider a long position or call options on DLTR as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for DLTR just turned positive on February 02, 2024. Looking at past instances where DLTR's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DLTR advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 287 cases where DLTR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for DLTR moved out of overbought territory on February 28, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 18 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DLTR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DLTR broke above its upper Bollinger Band on February 02, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. DLTR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 45, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.595) is normal, around the industry mean (10.749). P/E Ratio (28.163) is within average values for comparable stocks, (23.915). Projected Growth (PEG Ratio) (2.632) is also within normal values, averaging (3.212). DLTR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.021). P/S Ratio (1.104) is also within normal values, averaging (1.237).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
an operator of discount variety stores
A.I.dvisor indicates that over the last year, DLTR has been loosely correlated with DG. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if DLTR jumps, then DG could also see price increases.