Dollar Tree (DLTR)

• Market cap: $16.4B
• 1 day: 1.59%
• 5 days: 3.23%
• 1 month: 4.56%
• 3 months: 9.56%
• 6 months: -28.92%
• Year to date: -46.59%
• 1 year: -46.59%
• 5 years: -18.82%
• 10 years: 8.22%
• Sector: Consumer Staples
• Industry: Variety Stores

About: Dollar Tree operates discount stores across the United States and Canada, with over 8,600 shops under its namesake banner and nearly 7,800 under Family Dollar. About 47% of Dollar Tree's sales in fiscal 2023 were composed of consumables (including food, health and beauty, and cleaning products), around 45% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (80% of the banner's sales) at prices below $10. About two-thirds of Family Dollar's stores are located in urban and suburban markets, with the remaining one-third located in rural areas.

Employees: 211,826

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

8% less repeat investments, than reductions

Existing positions increased: 232 | Existing positions reduced: 252

5.31% less ownership

Funds ownership: 100.94% [Q2] → 95.63% (-5.31%) [Q3]

10% less funds holding

Funds holding: 741 [Q2] → 670 (-71) [Q3]

27% less funds holding in top 10

Funds holding in top 10: 11 [Q2] → 8 (-3) [Q3]

30% less call options, than puts

Call options by funds: $782M | Put options by funds: $1.12B

38% less capital invested

Capital invested by funds: $23.2B [Q2] → $14.5B (-$8.71B) [Q3]

45% less first-time investments, than exits

New positions opened: 87 | Existing positions closed: 158

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $70 8% downside
• Avg. target: $80 5% upside
• High target: $100 31% upside

11 analyst ratings

• positive: 2 18%
• neutral: 9 82%
• negative: 0 0%

Telsey Advisory Group Joseph Feldman 54% 1-year accuracy 88 / 162 met price target	1% downside $75	Market Perform Maintained	20 Dec 2024
Guggenheim John Heinbockel 64% 1-year accuracy 7 / 11 met price target	31% upside $100	Buy Maintained	6 Dec 2024
Loop Capital Anthony Chukumba 43% 1-year accuracy 9 / 21 met price target	1% downside $75	Hold Maintained	5 Dec 2024
BMO Capital Kelly Bania 75% 1-year accuracy 18 / 24 met price target	8% downside $70	Market Perform Maintained	5 Dec 2024
Truist Securities Scot Ciccarelli 59% 1-year accuracy 42 / 71 met price target	9% upside $83	Buy Maintained	5 Dec 2024