Is Dollar Tree Stock a Buy, Hold or Sell at a P/E Multiple of 15.9X?
Dollar Tree, Inc. (DLTR) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 15.85, which is lower than the industry’s average of 32.52 and the broader Zacks Retail-Wholesale sector's 23.07. The company is also trading below the S&P 500's P/E ratio of 20.53. This valuation indicates that DLTR stock may be undervalued relative to its peers, presenting a compelling investment opportunity for value-focused investors.DLTR's ValuationImage Source: Zacks Investment ResearchShares of Dollar ...