The shares of Dollar General Corporation (NYSE:DG) has been pegged with a rating of Buy by Loop Capital in its latest research note that was published on April 30th, 2019. The research company has also assigned a $152 price target. Loop Capital wasn’t the only research firm that published a report of Dollar General Corporation, with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on April 10th, 2019, to Buy the DG stock while also putting a $133 price target. The stock had earned Underperform rating from Evercore ISI when it published its report on March 20th, 2019. That day the Evercore ISI set price target on the stock to $95. The stock was given Outperform rating by Telsey Advisory Group in its report released on March 15th, 2019, the day when the price target on the stock was placed at $122. Telsey Advisory Group was of a view that DG is Outperform in its latest report on March 14th, 2019 while giving it a price target of $126. KeyBanc Capital Mkts thinks that DG is worth Overweight rating. This was contained in the firm’s report on January 7th, 2019.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 9 believe it has the potential for further growth, thus rating it as Hold while 12 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $125.27. The price of the stock the last time has raised by 35.01% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 33.30.
The shares of the company dipped by -0.83% during the trading session on Tuesday, reaching a low of $116.98 while ending the day at $117.28. During the trading session, a total of 3.27 million shares were traded which represents a -62.08% decline from the average session volume which is 2.02M shares. DG had ended its last session trading at 118.26. Dollar General Corporation currently has a market cap of $30.68B, while its P/E ratio stands at 19.77, while its P/E earnings growth sits at 1.20, with a beta of 0.74. Dollar General Corporation debt-to-equity ratio currently stands at 0.45, while its quick ratio hovers at 0.20. DG 52-week low price stands at $86.87 while its 52-week high price is $126.84.
The company in its last quarterly report recorded $1.84 earnings per share which is below the $1.88 predicted by most analysts. The Dollar General Corporation generated $6,649.81 million in revenue during the last quarter, which is slightly higher than the $6,605.60 million predicted by analysts. In the second quarter last year, the firm recorded $1.31 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 28.8%. Dollar General Corporation has the potential to record 5.93 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Morgan Stanley published a research note on April 11th, 2019 where it informed investors and clients that Keurig Dr Pepper Inc. (NYSE:KDP) is now rated as Underweight. BofA/Merrill also rated KDP as Reiterated on April 10th, 2019, with its price target of $133 suggesting that KDP could down by -2.25% from its current share price. Even though the stock has been trading at $29.29/share, analysts expect it to surge higher by 1.02% to reach $28.94/share. It started the day trading at $29.74 and traded between $29.21 and $29.59 throughout the trading session.
A look at its technical shows that KDP’s 50-day SMA is 27.73 while its 200-day SMA stands at 25.85. The stock has a high of $29.74 for the year while the low is $19.10. The company’s P/E ratio currently sits at 67.56, while the P/B ratio is 1.84. At the moment, only of Keurig Dr Pepper Inc. shares were sold short. The company’s average trading volume currently stands at 2.61M shares, which means that the short-interest ratio is just 5.84 days. Over the past seven days, the company moved, with its shift of 1.82%. Looking further, the stock has raised 4.56% over the past 90 days while it gained 3.93% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Capital Research Management Co bought more KDP shares, increasing its portfolio by +937.70% during the last quarter. This move now sees Capital Research Management Co purchasing 33,420,740 shares in the last quarter, thus it now holds 36,984,870 shares of KDP, with a total valuation of $1,075,150,171. Fidelity Management Research Co meanwhile bought more KDP shares in the recently filed quarter, changing its stake to $787,091,849 worth of shares. The Vanguard Group Inc followed the path by decreasing its KDP portfolio by -16.04% in the quarter. This means that The Vanguard Group Inc sold -2,677,028 shares in the last quarter and now controls 14,015,960 shares of the KDP stock, with the valuation hitting $407,443,957.
Similarly, T Rowe Price Associates Inc decreased its Keurig Dr Pepper Inc. shares by -27.94% during the recently filed quarter. After selling -3,651,120 shares in the last quarter, the firm now controls 9,418,517 shares of Keurig Dr Pepper Inc. which are valued at $273,796,289. In the same vein, BlackRock Fund Advisors increased its Keurig Dr Pepper Inc. shares by during the most recent reported quarter. The firm bought 189,772 shares during the quarter which increased its stakes to 6,615,994 shares and is now valued at $192,326,946. Following these latest developments, around 13.70% of Keurig Dr Pepper Inc. stocks are owned by institutional investors and hedge funds.