In a report published Tuesday, Barclays (BCS) analysts upgraded their rating on Family Dollar Stores, Inc. (FDO) from ‘Underweight’ to ‘Equal Weight’, and raised the price target from $50.00 to $82.00. The firms’ new PT suggests a potential upside of 2.5% from FDO’s current price-per-share.
Family Dollar stock has gained 12.01% over the last 52 weeks, and almost 23% year-to-date. More recently in the last 5 weeks, the equity has gained 31.50%, trading between $60.81 and $80.01.
From a valuation-measure perspective ; FDO currently has a trailing-12 P/E of 23.46, a forward P/E of 24.04 and a P/E to growth ratio of 6.01. Price/Sales t12 ratio is at 0.84 while EPS for the same period registers at $3.40.
Profitability-wise, Family Dollar’s t-12 profit margin currently stands at 3.39% while operating ones are at 5.36%. The company reported $181.74 million in cash vs. $776 million in debt in its most recent quarter.
FDO was up 0.30% at $80.05 recently, within a 52-week range of $55.64 to $80.01.
The chart below shows where the equity has traded over the last 52 weeks, with the 50-day and 200-day MAs included.
Wall Street’s median price target on the company’s stock is $61.00 with a high target of $80.00.
Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low- and middle-income consumers in the U.S. The company was founded in 1959 and is headquartered in Matthews, North Carolina.