The most recent trading session ended with Dollar General (DG) standing at $76.69, reflecting a +0.74% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 1.71%. At the same time, the Dow lost 1.7%, and the tech-heavy Nasdaq lost 2.2%.

Coming into today, shares of the discount retailer had gained 6.73% in the past month. In that same time, the Retail-Wholesale sector gained 4%, while the S&P 500 gained 2.2%.

The upcoming earnings release of Dollar General will be of great interest to investors. The company's earnings per share (EPS) are projected to be $1.50, reflecting a 18.03% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $10.26 billion, up 4.1% from the year-ago period.

Investors should also pay attention to any latest changes in analyst estimates for Dollar General. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.49% higher. Dollar General currently has a Zacks Rank of #4 (Sell).

In terms of valuation, Dollar General is currently trading at a Forward P/E ratio of 12.73. This represents a discount compared to its industry's average Forward P/E of 18.9.

We can additionally observe that DG currently boasts a PEG ratio of 2.18. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Retail - Discount Stores industry was having an average PEG ratio of 2.16.

The Retail - Discount Stores industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 28, placing it within the top 12% of over 250 industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Dollar General Corporation (DG) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research