Shares of Dollar General Corporation (NYSE:DG) [Trend Analysis] swings enthusiastically in regular trading session, it a decrease of -4.97% to close at $73.48. Dollar General Corp. (DG) reported the firm now forecasts EPS growth for fiscal 2016 to be at the low end of the long-term growth model range of 10 percent to 15 percent. The firm expects the 53rd week to contribute about 200 basis points to its net sales performance and continues to estimate a $0.09 per share impact to EPS.
For fiscal 2017, the firm plans to raise square footage growth by about 7.5 percent with the opening of about 1,000 new stores in addition to remodeling or relocating 900 stores. The firm reported net income of $235 million, or $0.84 per diluted share, in the 2016 third quarter as compared to net income of $253 million, or $0.86 per share, in the 2015 third quarter. Net sales surged 5.0 percent to $5.32 billion in the 2016 third quarter compared to $5.07 billion in the 2015 third quarter. Moving forward to saw long-term intention, the experts calculate Return on Investment of 15.00%. The stock is going forward its fifty-two week low with 14.26% and lagging behind from its 52-week high price with -23.88%. DG last month stock price volatility remained 2.19%.
The Walt Disney Firm (NYSE:DIS) [Trend Analysis] retains strong position in active trade, as shares scoring -0.18% to $98.94 in a active trade session, while looking at the shares volume, about 9.95 Million shares have changed hands in this session. Clients kept asking Bernstein’s Todd Juenger whether Disney (DIS) should buy Netflix (NFLX) so the media analyst decided to write an analysis of such a accord despite the fact there are no reports suggesting any alliance is being contemplated by either party. In this purely speculative missive, the analyst says he would be open to the accord, which he calculates would cost Disney $70 billion. Juenger writes:
“Our initial reaction to almost any proposed acquisition is skepticism. In this case, we’re talking about a huge, dilutive, transformational event. And to the extent Disney accelerated the success of the firm being purchase, the faster it would cause the demise of Disney’s core TV network businesses. But then we reminded ourselves, we believe the demise will happen anyway. From that POV, it is better, then, to own the winning solution. Imagine the appeal of a Disney/Netflix-branded SVOD service. Some argue Netflix would even bring with it the next Disney CEO.”
The firm has institutional ownership of 57.80%, while insider ownership included 7.82%. DIS attains analyst recommendation of 2.40 with week’s performance of 0.69%. Investors looking additional ahead will note that the Price to next year’s EPS is 12.37%.