Dollar Tree Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

March 29, 2022 09:54:38

Dollar Tree Inc. (NASDAQ:DLTR) traded today at a new 52-week high of $159.84. So far today approximately 1.6 million shares have been exchanged, as compared to an average 30-day volume of 2.7 million shares.

Dollar Tree Inc. (NASDAQ:DLTR) is currently priced 0.4% above its average consensus analyst price target of $156.33.

In the past 52 weeks, shares of Dollar Tree Inc. have traded between a low of $84.26 and a high of $159.84 and is now at $156.94, which is 86% above that low price.

Dollar Tree operates discount stores in the U.S. and Canada, including over 7,800 shops under both its namesake and Family Dollar units (nearly 15,700 in total). The eponymous chain features branded and private-label goods, generally at a $1.25 price. Nearly 50% of Dollar Tree stores’ fiscal 2020 sales came from consumables (including food, health and beauty, and household paper and cleaning products), just over 45% from variety items (including toys and housewares), and 5% from seasonal goods. Family Dollar features branded and private-label goods at prices generally ranging from $1 to $10, with over 76% of fiscal 2020 sales from consumables, 9% from seasonal/electronic items (including prepaid phones and toys), 9% from home products, and 6% from apparel and accessories.

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