Dollar General (DG) closed the most recent trading day at $81.10, moving +0.9% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.27%. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.26%.

The discount retailer's stock has dropped by 7.95% in the past month, falling short of the Retail-Wholesale sector's loss of 0.61% and the S&P 500's gain of 2%.

Analysts and investors alike will be keeping a close eye on the performance of Dollar General in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.97, marking a 23.02% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $10.13 billion, reflecting a 4.54% rise from the equivalent quarter last year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.86 per share and a revenue of $40.51 billion, representing changes of -22.38% and +4.71%, respectively, from the prior year.

Any recent changes to analyst estimates for Dollar General should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, Dollar General is carrying a Zacks Rank of #5 (Strong Sell).

In the context of valuation, Dollar General is at present trading with a Forward P/E ratio of 13.73. This denotes a discount relative to the industry's average Forward P/E of 20.28.

We can also see that DG currently has a PEG ratio of 2.35. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Retail - Discount Stores industry held an average PEG ratio of 2.35.

The Retail - Discount Stores industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 158, this industry ranks in the bottom 38% of all industries, numbering over 250.