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Telsey Advisory Group’s latest rating for DG stock

Dollar General Corp.’s filing revealed that its EVP, Store Ops & Development Deckard Steven R unloaded Company’s shares for reported $0.17 million on Sep 18 ’24. In the deal valued at $86.66 per share,2,010 shares were sold. As a result of this transaction, Deckard Steven R now holds 2,887 shares worth roughly $0.25 million.

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Then, STEVEN DECKARD bought 2,010 shares, generating $174,195 in total proceeds.

Before that, West Roderick J sold 2,510 shares. Dollar General Corp. shares valued at $208,960 were divested by the EVP, Global Supply Chain at a price of $83.25 per share. As a result of the transaction, West Roderick J now holds 9,163 shares, worth roughly $0.79 million.

Telsey Advisory Group downgraded its Dollar General Corp. [DG] rating to a Market perform from a an Outperform in a research note published on August 30, 2024; the price target was decreased to $103 from $168. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in late August from “an Overweight” to “an Equal-weight”. Gordon Haskett also remained covering DG and has decreased its forecast on August 30, 2024 with a “Hold” recommendation from previously “Buy” rating. Telsey Advisory Group maintained its rating on May 31, 2024. It rated DG as “an Outperform”.

Price Performance Review of DG

On Monday, Dollar General Corp. [NYSE:DG] saw its stock jump 0.03% to $86.04. Over the last five days, the stock has gained 0.34%. Dollar General Corp. shares have fallen nearly -36.71% since the year began. Nevertheless, the stocks have fallen -21.61% over the past one year. While a 52-week high of $168.07 was reached on 03/14/24, a 52-week low of $77.96 was recorded on 09/05/24. SMA at 50 days reached $108.47, while 200 days put it at $131.39.

Levels Of Support And Resistance For DG Stock

The 24-hour chart illustrates a support level at 85.26, which if violated will result in even more drops to 84.49. On the upside, there is a resistance level at 86.77. A further resistance level may holdings at 87.51. The Relative Strength Index (RSI) on the 14-day chart is 31.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.51, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.55%. Stochastics %K at 83.91% indicates the stock is a selling.

How much short interest is there in Dollar General Corp.?

A steep rise in short interest was recorded in Dollar General Corp. stocks on 2024-08-30, growing by 1.3 million shares to a total of 8.22 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 6.92 million shares. There was a rise of 15.82%, which implies that there is a positive sentiment for the stock.

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