Following the transactions, Calbert's direct ownership of Dollar General (NYSE:DG) shares is reported to be 120,322 shares. Notably, this total includes restricted stock units acquired through dividend equivalent rights. These sales were conducted through a trust, as indicated in the filing. With a current P/E ratio of 12.3 and strong free cash flow yield, InvestingPro analysis suggests the stock is currently undervalued. For deeper insights into Dollar General's valuation and 8 additional key ProTips, explore the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers. With a current P/E ratio of 12.3 and strong free cash flow yield, InvestingPro analysis suggests the stock is currently undervalued. For deeper insights into Dollar General's valuation and 8 additional key ProTips, explore the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
Following the transactions, Calbert's direct ownership of Dollar General shares is reported to be 120,322 shares. Notably, this total includes restricted stock units acquired through dividend equivalent rights. These sales were conducted through a trust, as indicated in the filing.
In other recent news, Dollar General has been the subject of several analyst adjustments. BMO Capital Markets raised the company's stock price target to $84, maintaining a Market Perform rating. The adjustment followed the company's third-quarter results, which met expectations barring the costs related to Hurricane impacts. Dollar General also revealed a strategy to slow the opening of new stores in 2025, focusing more on remodeling existing locations. Truist Securities, on the other hand, reduced Dollar General's price target to $83 from $94, maintaining a Hold rating. The company's shift from store expansion to store optimization was noted as a long-term positive.
BofA Securities upgraded Dollar General from Underperform to Buy, setting a new price target at $95 based on positive indicators from the company's "Back-to-Basics" strategy. Telsey Advisory Group reduced the 12-month price target from $90 to $88, while maintaining a Market Perform rating. The group highlighted Dollar General's ongoing initiatives, such as store remodels and the expansion of fresh products. These recent developments indicate a range of perspectives on Dollar General's financial performance and future prospects, each reflecting the company's strategic initiatives and market position.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.