DLTR Price Prediction Next Week
Analysis and Insights
News Sentiment and Event Impact:
Recent news indicates that Dollar Tree (DLTR) has appointed a new CFO, Stewart Glendinning, to revitalize its struggling business. This move has been positively received by investors, leading to a 1.08% increase in DLTR stock. However, broader market uncertainty, highlighted by Jim Cramer, suggests caution due to tariff policies and competitive pressures in the retail sector.
Technical Analysis:
- RSI (14): 41.21, indicating the stock is not overbought but is in a bearish range.
- MACD: Negative, suggesting a bearish trend.
- SMA: DLTR is below its 20, 50, and 200-day moving averages, indicating downward pressure.
- Fibonacci Levels: Pivot at 70.78, resistance at 75.43, and support at 66.12.
Price Prediction and Recommendation:
Based on the analysis, DLTR is expected to trade between $66.12 and $75.43. The stock may see a slight increase due to positive news but could face resistance.
Target Price: $70.50
Recommendation: Sell DLTR with a stop-loss at $66.12.
DLTR Similar Chart Price Prediction
The price of DLTR is predicted to go up 22.93%, based on the high correlation periods with LPTX. The similarity of these two price pattern on the periods is 91.53%.
DLTR
LPTX
Up: 22.93%Similarity: 91.53%
DLTR Revenue Forecast
DLTR EPS Forecast
DLTR FAQs
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DLTR VS S&P500
The new management team brings years of experience, and its revamped capital allocation priorities, particularly surrounding the Family Dollar banner, should drive a material improvement in financial performance.
Dollar Tree's multiprice assortment should allow the firm to capture greater wallet share from consumers, driving strong comparable sales growth.
Online retail channels serve as a negligible threat to dollar stores due to their small basket size and convenient shopping destinations.
DLTR Analyst's Forecast
Edward Kelly
Wells Fargo
Buy
2025-03-07
Price Target
$100 → $85
Upside
+23.21%
Wells Fargo analyst Edward Kelly lowered the firm's price target on Dollar Tree to $85 from $100 and keeps an Overweight rating on the shares. The firm notes Dollar Tree's stock is as complicated as ever. Recent news suggests progress on an FDO decision and Tree still offers potential, but the macro, tariffs, SNAP, and immigration are new hurdles, Wells adds. The Q4 update looks important. Risk/reward keeps the firm interested.
John Heinbockel
Guggenheim
Strong Buy
2024-12-06
Price Target
$120 → $100
Upside
+39.14%
Scot Ciccarelli
Truist Securities
Strong Buy
2024-12-05
Price Target
$79 → $83
Upside
+14.39%
