Nomura Securities Maintains a 'Buy' on Dollar Tree (DLTR); Q4 Review
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Price: $131.48 +2.36%
Rating Summary:
17 Buy, 23 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
17 Buy, 23 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Nomura Securities maintains a 'Buy' on Dollar Tree (NASDAQ: DLTR) price target of $100.00.
Analyst, Aram Rubinson, said, "DLTR’s Q4 made it clear that the company is running a very good business. Consumers are responding with a 7.3% comp and with momentum continuing in Q1. Moreover, a stable Merchandise GM also shows it isn’t selling itself short in order to drive sales. Ocean freight and diesel costs (which factor into COGS) do pose a risk to DLTR, as they do many other businesses. Modest exposure to fuel and shipping rate uncertainty seems an acceptable risk to owning a retailer that is profitably serving more consumers, more effectively each year.. Our 2012 EPS estimate is now $5.00 from $4.90, mostly reflecting a 53rd week, while our $6.00 estimate is unchanged for 2013."
For an analyst ratings summary and ratings history on Dollar Tree click here. For more ratings news on Dollar Tree click here.
Shares of Dollar Tree closed at $88.06 yesterday.
Analyst, Aram Rubinson, said, "DLTR’s Q4 made it clear that the company is running a very good business. Consumers are responding with a 7.3% comp and with momentum continuing in Q1. Moreover, a stable Merchandise GM also shows it isn’t selling itself short in order to drive sales. Ocean freight and diesel costs (which factor into COGS) do pose a risk to DLTR, as they do many other businesses. Modest exposure to fuel and shipping rate uncertainty seems an acceptable risk to owning a retailer that is profitably serving more consumers, more effectively each year.. Our 2012 EPS estimate is now $5.00 from $4.90, mostly reflecting a 53rd week, while our $6.00 estimate is unchanged for 2013."
For an analyst ratings summary and ratings history on Dollar Tree click here. For more ratings news on Dollar Tree click here.
Shares of Dollar Tree closed at $88.06 yesterday.
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