Technical Snapshots for These Discount, Variety Stores Stocks -- Costco Wholesale, Dollar Tree, Burlington Stores, and Target
NEW YORK, September 27, 2017 /PRNewswire/ --
If you want a Stock Review on COST, DLTR, BURL, or TGT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Research reports have been issued by DailyStockTracker.com on the following equities in the Discount Variety Stores space: Costco Wholesale Corp. (NASDAQ: COST), Dollar Tree Inc. (NASDAQ: DLTR), Burlington Stores Inc. (NYSE: BURL), and Target Corp. (NYSE: TGT). Discount stores are directed to a specific demographic, normally lower- to middle-income customers. The overall profits of independent companies depend on their ability to stay competitive in terms of pricing, increase their revenue per square foot, sufficiently locate stores, advertise product efficiently, and manage the supply chain. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:
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Costco Wholesale
Shares in Issaquah, Washington-based Costco Wholesale Corp. rose 1.07%, ending Tuesday's trading session at $164.07. The stock recorded a trading volume of 2.37 million shares. The Company's shares have gained 7.62% in the last one month, 3.02% over the last three months, and 6.61% on an YTD basis. The stock is trading 4.48% and 1.29% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Costco Wholesale, which together with its subsidiaries, operates membership warehouses, have a Relative Strength Index (RSI) of 64.46.
On August 30th, 2017, Costco Wholesale reported net sales of $9.8 billion for the month of August (the four weeks ended August 27th, 2017), an increase of 10.0% from $8.9 billion during the similar period last year. For the first 52 weeks of its 53-week fiscal year ended August 27th, 2017, the Company reported net sales of $123.5 billion, an increase of 6.4% from $116.1 billion during the 52-week 2016 fiscal year. Visit us today and access your complete report on COST for free at:
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Dollar Tree
Chesapeake, Virginia-based Dollar Tree Inc.'s stock declined 0.12%, closing the day at $84.89 with a total trading volume of 1.53 million shares. The Company's shares have advanced 5.60% in the past month, 22.64% in the previous three months, and 9.99% since the start of this year. The stock is trading 10.21% and 10.14% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Dollar Tree, which operates variety retail stores in the US and Canada, have an RSI of 74.23.
On August 28th, 2017, research firm Bernstein upgraded the Company's stock rating from 'Underperform' to 'Market Perform'.
On August 31st, 2017, Dollar Tree announced that, as part of its efforts to support communities and associates affected by the recent storms in Texas and Louisiana, the Company is donating $500,000 of financial support. The complimentary research report on DLTR can be accessed at:
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Burlington Stores
On Tuesday, shares in Burlington, New Jersey-based Burlington Stores Inc. recorded a trading volume of 477,636 shares. The stock ended the day 0.09% lower at $91.71. The Company's shares have advanced 4.16% in the past month, 2.31% in the previous three months, and 8.21% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.40% and 1.38%, respectively. Furthermore, shares of Burlington Stores, which operates as a retailer of branded apparel products in the US, have an RSI of 63.81.
On September 14th, 2017, research firm Deutsche Bank initiated a 'Buy' rating on the Company's stock, with a target price of $108 per share. Register for free on DailyStockTracker.com and download the research report on BURL at:
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Target
Minneapolis, Minnesota headquartered Target Corp.'s stock rose 0.07%, finishing yesterday's session at $58.59 with a total trading volume of 3.68 million shares. The Company's shares have advanced 6.51% in the last one month and 12.52% in the previous three months. The stock is trading above its 50-day moving average by 3.60%. Additionally, shares of Target, which operates as a general merchandise retailer, have an RSI of 55.47.
On September 21st, 2017, Target's Board of Directors has declared a quarterly dividend of 62 cents per common share. The dividend is payable on December 10th, 2017, to shareholders of record at the close of business November 15th, 2017. The fourth-quarter dividend will be the Company's 201st consecutive dividend paid since October 1967 when it became publicly held. Get free access to your research report on TGT at:
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