Mar
8
Written by:
Steve Patterson
3/8/2010 9:31 PM
Dollar Tree (DLTR) Continues to Peak
The stock for discount variety retailer Dollar Tree Inc. (DLTR) continues to reach new highs with analysts expecting better results when the company announces its earnings on May 24th. The current quarterly earnings estimates for the stock got a bump over the past 30 days from 74 cents a share to 81 cents a share compared to the same quarter last year. While the yearly estimate moved higher in the last week from $4.14 a share to $4.15 a share.
Quarterly Growth
Current quarter growth for the company is expected to come in at 22.7% while next quarter’s growth is pegged a little lower at 17.5%. With a forward price to earnings ratio (P/E) of 12.25, the stock is a little underpriced. The recent positive company expectations for competitor Big Lots (BIG) has also helped the variety discount sector as a whole. Big Lots moved from $28.85 a share to $36.09 a share over the past month on company optimism for the current quarter.
Variety Discounter Trade
Dollar Tree’s recent quarter was decent with a 6% improvement in earnings compared to what was expected. Revenue continues to climb as shoppers search for bargains in a troubled economic environment. DLTR is seeing revenue move higher 9% a quarter and 9% for the year. The discount retailing sector remains strong and should for some time providing a nice stable industry to own several names for the short-term.
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© 2010 FastSwings.com
© 2010 FastSwings.com
22 comment(s) so far...
Re: Dollar Tree (DLTR) Continues to Peak
Hi,
Thanks for updating the DLTR reports and the trade position at the market, the quarterly growth analysis would appreciate strengthening trades at the market in the coming sessions as well.
By Forex on
3/9/2010 4:40 AM
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Re: Dollar Tree (DLTR) Continues to Peak
Wow, I knew that Dollar Tree and other dollar store chains were doing well in this economic climate but I didn't realize quite how much they're earning. I guess that's another investment opportunity on which I'm a bit too late.
By packaging equipment on
3/9/2010 12:35 PM
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Re: Dollar Tree (DLTR) Continues to Peak
Interesting post I would assume you are predominately a fundamental trader? Do you think DLTR can push much higher?
By Trainee Trader on
3/10/2010 10:00 AM
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Re: Dollar Tree (DLTR) Continues to Peak
From a technical standpoint the stock is in a bit of a range after the large spike up to 56. I think if the price can get above 56.84, then the range is broken again.
By Steve on
3/10/2010 10:18 AM
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Re: Dollar Tree (DLTR) Continues to Peak
Dollar Tree, Inc., through its subsidiaries, operates discount variety stores in the United States. Its stores offer merchandise at the fixed price of $1.00.
By art management on
3/12/2010 4:10 AM
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Re: Dollar Tree (DLTR) Continues to Peak
You’re right on. Couldn’t have said it better myself
By العاب on
3/14/2010 3:52 AM
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Re: Dollar Tree (DLTR) Continues to Peak
Every growth has its end. This Dollar Tree Inc. (DLTR) shows great results right now but who knows, maybe today it's high time to sell.
By Client on
3/14/2010 2:52 PM
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Re: Dollar Tree (DLTR) Continues to Peak
I honestly believe that DLTR will continue this trend as more people will head over to dollar stores to find bargains. It's one of those stocks that I will hold on to but I will likely unload when the price hits $60.
By Eugene on
3/15/2010 12:44 AM
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hypnose behandling
You have some honest ideas here. It looks like you have done a research on the issue and discovered.Anyway thanks a lot.I think most peoples will agree with your blog.Keep it up.
By hypnose on
3/15/2010 6:26 AM
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Re: Dollar Tree (DLTR) Continues to Peak
Helpful post, even if .. i can't agree to anything here.. ;) But that's ok.
By Jack on
3/15/2010 11:44 AM
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Re: Dollar Tree (DLTR) Continues to Peak
lot of prediction and ideas...but i think DLTR will continue in this trend..
By patricashok on
3/16/2010 9:02 AM
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Re: Dollar Tree (DLTR) Continues to Peak
Currently trading at $57.44 today. It's looking good.
By Eugene on
3/16/2010 10:26 AM
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Re: Dollar Tree (DLTR) Continues to Peak
The recent activist company expectations for opponent Big Lots (BIG) have also helped the variety money off sector as a whole.
By Australian Detox on
3/18/2010 2:45 AM
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Re: Dollar Tree (DLTR) Continues to Peak
I should have found this blog a little earlier as I would have taken a position on this stock. Thanks for this nice post.
By Andrew Mercer on
3/28/2010 3:08 AM
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Re: Dollar Tree (DLTR) Continues to Peak
DLTR is one of a few retailers who have not only survived the recession but have actually experienced growth. The bad economy has allowed stores selling cheap items to thrive and it is projected that DLTR will continue this trend and capitalize on the increase of budge-conscious consumers.
By Calvin Thompson on
4/1/2010 4:14 AM
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Re: Dollar Tree (DLTR) Continues to Peak
I honestly believe that DLTR will continue this trend as more people will head over to dollar stores to find bargains. It's one of those stocks that I will hold on to but I will likely unload when the price hits $60.
By agoodic on
4/4/2010 2:03 AM
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Re: Dollar Tree (DLTR) Continues to Peak
I agree with you Calvin and friend and I were just talking on this last week
By asian floor lamps on
4/6/2010 6:25 PM
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Re: Dollar Tree (DLTR) Continues to Peak
Just gotta wonder how they are able to stay afloat like this. It's insane
By Fha Mortgage Leads on
4/6/2010 6:27 PM
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Re: Dollar Tree (DLTR) Continues to Peak
Discount retail stores will thrive in a challenging economic environment as people will try to stretch every single dollar they have. It's no surprise that we are seeing DLTR capitalizing on their 3,806 retail stores across the country. This trend will only continue until the general business climate improves and if more people join the ranks of the working class.
By Jennifer Smith on
4/9/2010 10:16 PM
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Re: Dollar Tree (DLTR) Continues to Peak
Hope i found this blog early too,interesting stuff here, if it continues to rise and do well against big currencies the economy might get better
By Clyde on
4/14/2010 11:31 AM
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Re: Dollar Tree (DLTR) Continues to Peak
I honestly believe that DLTR will continue this trend as more people will head over to dollar stores to find bargains. It's one of those stocks that I will hold on to but I will likely unload when the price hits $60.
By 2010 bridesmaid china on
4/24/2010 4:19 AM
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Re: Dollar Tree (DLTR) Continues to Peak
i found this blog early too,interesting stuff here, if it continues to rise and do well against big currencies the economy might get better
By mp3 player sunglasses on
5/7/2010 8:39 PM
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