Dollar Tree (DLTR) closed the latest trading day at $66.77, indicating a -0.06% change from the previous session's end. This move lagged the S&P 500's daily gain of 1.23%. On the other hand, the Dow registered a gain of 1.02%, and the technology-centric Nasdaq increased by 1.43%.

Heading into today, shares of the discount retailer had lost 3.82% over the past month, lagging the Retail-Wholesale sector's gain of 0.58% and the S&P 500's loss of 0.54% in that time.

Market participants will be closely following the financial results of Dollar Tree in its upcoming release. The company's upcoming EPS is projected at $1.06, signifying a 9.28% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $7.45 billion, reflecting a 1.88% rise from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $5.33 per share and a revenue of $30.71 billion, demonstrating changes of -9.51% and +0.34%, respectively, from the preceding year.

Any recent changes to analyst estimates for Dollar Tree should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Dollar Tree possesses a Zacks Rank of #4 (Sell).

In terms of valuation, Dollar Tree is currently trading at a Forward P/E ratio of 12.54. For comparison, its industry has an average Forward P/E of 19.47, which means Dollar Tree is trading at a discount to the group.

It is also worth noting that DLTR currently has a PEG ratio of 2.83. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Retail - Discount Stores industry held an average PEG ratio of 2.4.

The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 97, finds itself in the top 39% echelons of all 250+ industries.