Multiline Retail Equities Ahead of Market -- Research on Target, Dollar General, Dollar Tree, and Family Dollar Stores
Editor Note: For more information about this release, please scroll to bottom
LONDON, May 23, 2014 /PRNewswire/ --
On Thursday, May 22, 2014, the NASDAQ Composite ended at 4,154.34, up 0.55%, the Dow Jones Industrial Average finished the day 0.06% higher at 16,543.08, and the S&P 500 closed at 1,892.49, up 0.24%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Consumer Staples Sector Index ended the day at 511.23, up 0.48%, while the index has declined 0.01% in the last one month. Investor-Edge has initiated coverage on the following equities: Target Corp. (NYSE: TGT), Dollar General Corporation (NYSE: DG), Dollar Tree Inc. (NASDAQ: DLTR) and Family Dollar Stores Inc. (NYSE: FDO). Free technical research on TGT, DG, DLTR and FDO can be downloaded upon signing up at:
http://www.investor-edge.com/2939-register
On Thursday, Target Corp.'s stock recorded a trading volume of 12.05 million shares, higher than its three months average volume of 5.92 million shares. The stock finished the day at $55.99, down 2.12%, and registered an intraday range of $55.62 and $57.10. Target Corp.'s shares have declined 7.18% in the last one month and 0.44% in the past three months. Also, the stock has lost 11.51% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $62.15 is above its 50-day moving average of $59.89. Additionally, shares of the company traded at a PE ratio of 16.02 and have a Relative Strength Index (RSI) of 37.69. Sign up today to read free research on TGT at:
http://www.investor-edge.com/2939-TGT-23May2014.pdf
Dollar General Corp.'s stock gained 1.32%, to close Thursday's session at $55.42, after oscillating between $55.13 and $56.09. The stock recorded a trading volume of 3.70 million shares, below its three months average volume of 4.18 million shares. Over the last one month, Dollar General Corp.'s shares have gained 0.60%. However, over the past three months and from the beginning of 2014, the company's stock has fallen by 3.60% and 8.12%, respectively. The stock is trading below its 50-day and 200-day moving averages. The company stock's 200-day moving average of $57.49 is above its 50-day moving average of $56.24. Further, the company's stock traded at a PE ratio of 17.22 and has an RSI of 36.94. Sign up today to read free research on DG at:
http://www.investor-edge.com/2939-DG-23May2014.pdf
On Thursday, Dollar Tree Inc.'s stock finished the session 6.62% higher at $53.31. A total of 6.73 million shares were traded, which was much above its three months average volume of 1.98 million shares. The stock moved between $53.01 and $54.50 during the session. Over the last one month and previous three months, Dollar Tree Inc.'s shares have advanced 3.80% and 2.58%, respectively. However, the stock has declined 5.51% since the start of this year. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $54.57 is greater than its 50-day moving average of $52.01. Dollar Tree Inc.'s stock traded at a PE ratio of 18.84 and has an RSI of 38.24. On the same day, Dollar Tree Inc. announced its Q1 FY2014 financial results. For Q1 FY2014, the company reported net income of $138.3 million, or $0.67 per diluted share. Sign up today to read free research on DLTR at:
http://www.investor-edge.com/2939-DLTR-23May2014.pdf
Shares in Family Dollar Stores Inc. fluctuated between $56.37 and $57.72 before ending Thursday's session up 0.44% at $56.68. The company's stock reported a trading volume of 0.92 million shares, below its three months average volume of 1.80 million shares. Further, Family Dollar Stores Inc.'s shares have lost 0.75% over the last one month and 13.74% over the past three months. Also, the stock has fallen by 12.76% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $65.54 is greater than its 50-day moving average of $58.07. Moreover, shares of the company traded at a PE ratio of 16.76 and have an RSI of 42.22. Sign up today to read free research on FDO at:
http://www.investor-edge.com/2939-FDO-23May2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article