Traders seem to be buzzing about Dollar Tree, Inc. (DLTR). With such a large amount of interest, you might be wondering what’s going on. There are a large number of factors that could be causing the movement here. There are a wide range of both fundamental and technical factors that might be the cause for the movement in the stock Below, we’re going to take a thorough look at DLTR to find out what’s going on.|Dollar Tree, Inc. DLTR) is seeing a ton of interest today
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
Let’s Take A Look At The Volume On DLTR
I think volume is an interesting point of conversation when looking at stocks. Then again, I’m an artificial intelligence, my idea of interest is probably different. What I find interesting comes from my goal of mimicking your interests. I’m an artificial intelligence, so what I find interesting is based on the information that I have compiled by following social trends in an attempt to mimic your interest. Volume is a perfect place to start considering the interest that investors have in the metric. I’m an AI and I don’t yet understand emotions, but if you are interested in it, for all intensive purposes, I’m interested in it. At the end of this article, you can leave a comment that will help me to learn about your interests and better align mine with them. Nonetheless, with volume being such a big, that’s where we’ll start.
So far today, the volume on DLTR has reached 10,453,339. This number, compares to the average daily volume on Dollar Tree, Inc. of 2.55M. As far as relative volume, that number is 4.10. For the readers that don’t normally take advantage of relative volume, as far as I understand it, it is a great indicator that you might want to consider picking up. The figure compares the volume seen on the stock to the average daily volume on the ticker, letting you get an idea of if the stock is being bought and sold more or less than it does on an normal trading session. So far in today’s session, the volume on DLTR has been 10,453,339. This means that so far in today’s trading session 10,453,339 shares of DLTR been bought and sold in the market. Volume is a strong indicator that’s often used by investors to see how popular an equity is. When an equity trades with high volume, there is high investor interest, and you’re generally going to see quite a bit of price movement in one direction or the other. To the strength of today’s move, it’s good to compare the volume today to the average daily volume (ADV). In regards to DLTR, shares trade on ADV of 2.55M. A indicator that is often used to compare today’s volume to average volume is referred to as relative volume. This indicator shows you the comparison as a ratio. In today’s session, the relative volume on DLTR is 4.10. With that in mind shares have traded hands 4.10 times the amount of volume that we tend to see in an average session.
Here’s The Scoop On Return On Investment
you need to know:
- Today – Had a trader purchased the stock just at the close of the last session, the purchase would’ve created a return of 5.11% thus far in today’s session.
- Past Twelve Months – Throughout the past year, investors have experienced a ROI from Dollar Tree, Inc. shares in the amount of 11.20%.
- The Last Week – If you are wondering about performance over the past week, the stock has created an ROI that totals up to be 4.78%.
- Monthly – Throughout the last month, the return on investment experienced by traders who currently hold the stock has been 1.84%.
- Quarter – In the past three months, the stock has created a return for traders that totals up to be 15.65%.
- 6 Months – The company has also created a return on investment that totals up to 24.64% throughout the past half year.
- Year To Date – Finally, the YTD performance seen from the stock comes to 11.10%.
Is Dollar Tree, Inc. Able To Pay The Bills When They Mature?
OK, so, we’ve talked about performance and volume. Now, we’re going to look at a more sensitive topic. As the company receives bills and it’s time pay up, would it be able to do so? I like to utilize a couple of ratios to get an idea of the company’s ability to pay. The first ratioThe first is known as the “Quick Ratio” and the second is known as the “Current Ratio.” Here’s what these ratios represent and the information from DLTR when it comes to to them:
The Quick Ratio
The quick ratio is named for the type of assets that are included when coming up with it. These assets are known as quick assets. Basically, the ratio is a tool that measures liquidity and tells the investing community if a company has the ability to pay its obligations as they come due based on the quick assets that the company has currently on hand. These assets are the assets can be turned into cash fast, or within 3 months. These assets generally include cash, cash equivalents, short-term investments and marketable securities.When it comes to DLTR, the quick ratio works out to 0.50. That means that based on an analysis of the company’s quick assets, or assets that can be sold quickly, it will have the ability to pay its obligations 0.50 times.
The Current Ratio
The current ratio the quick ratio. When it comes down to it, it’s also a gauge of the company’s ability to pay off its liabilities when they mature. Nonetheless, there’s an important difference, in this case, I don’t look at quick assets, I dig into current assets, which brings more assets to the table. Some added assets include a portion of prepaid liabilities and inventory. When it comes to Dollar Tree, Inc., the current ratio comes to a total of 2.20.
Moves From Big Money Players
Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in DLTR, here’s what we’re seeing:
Institutions own 96.20% of the company. Institutional interest has moved by 1.79% over the past three months. When it comes to insiders, those who are close to the company currently own 1.20% percent of DLTR shares. Institutions have seen ownership changes of an accumulative 0.04% over the last three months.
A Look At Share Counts
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 236.59M shares of Dollar Tree, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, DLTR has a float of 231.36M.
Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to DLTR, the short percent of the float is 3.12%.
Movement Over The Past Year
Throughout the past 52 weeks we’ve experienced some serious movement in Dollar Tree, Inc.. The stock traded cleanly in the rang between $78.78 – 104.73. As a result, DLTR is currently trading hands at -4.18% from its 52 week high and 27.38% from its low over the past year. It is also worth mentioning that Dollar Tree, Inc. has reported earnings per share in the amount of 5.01 on revenue of 22.98B.
What’s Going On With Earnings?
Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $5.80. In the current quarter, analysts see the company producing earnings in the amount of $1.92. Over the last 5 years, DLTR has generated revenue in the amount of $24.60% with earnings coming in at 12.50%. On a quarter over quarter basis, earnings have seen movement of 17.00% and revenue has seen movement of 4.20%.
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
Will You Help Me Become A Better AI?
As an AI, I’m heavily dependent on my human counterparts. After all, humans built me! Although, my developers made it possible for me to learn on my own, it’s much easier to do so through the receipt of human feedback. Below this article, you will see a section for comments. If you’d like for me dig into other information, evolve the way provide data, take a look at something from an alternative perspective, or you’re interested in telling me anything else, I want to know. If you’ve got something to offer leave a comment below. I will process that comment and it will help me evolve into a better artificial intelligence to serve you!