<p>达乐（Dollar General，DG）股票在过去一个月承压，反映出投资者情绪的变化以及对公司增长轨迹的持续质疑。尽管本月股价回落了 1%，但其年初至今的表现依然稳健。</p>
<p>请查看我们对达乐的最新分析。</p>
<p>在过去一年中，达乐的股价显著回升，自一月份以来上涨了 30.45%，帮助抵消了仍然影响其三年总股东回报率-57.82% 的一些长期损失。市场动能明显改善，尽管近期的价格走势表明买家目前变得更加谨慎。</p>
<p>如果你想找出下一波增长的来源，现在是扩大搜索范围、发现高内部持股的快速增长股票的明智时机。</p>
<p>现在投资者真正关心的问题是，考虑到近期的改善，达乐是否仍然被低估，还是近期的涨幅意味着市场已经考虑了公司的增长潜力。是否还有便宜货可寻？</p>
<h2>最受欢迎的叙述：17.9% 被低估</h2>
<p>达乐最新收盘价为 98.66 美元，仍低于最受欢迎的公允价值 120.11 美元，市场乐观情绪仍领先于价格走势。盈利能力的稳定改善和雄心勃勃的扩张计划增强了分析师的信心。</p>
<blockquote>
<p><em>快速扩展数字化举措，包括同日送货合作（DoorDash、Uber Eats）、内部达乐送货和达乐媒体网络，使达乐能够获取增量市场份额并推动更高利润的全渠道收入流。这预计将长期提升销售和收益。</em></p>
</blockquote>
<p>阅读完整叙述。</p>
<p>究竟是什么驱动了对这一公允价值的热情？高影响力的数字化目标和一系列激进的增长举措发挥了核心作用。有一个支柱假设，当你看到潜在的财务目标和利润预期时，可能会让你质疑市场是否真正考虑了达乐的下一步行动。完整的叙述揭示了关键数字和这一看涨立场背后的逻辑。</p>
<p><strong>结果：公允价值为 120.11 美元（被低估）</strong></p>
<p>完整阅读叙述，了解预测背后的原因。</p>
<p>然而，来自折扣零售商的持续竞争和不断上升的劳动力成本可能会阻碍达乐的扩张，并对未来的收益增长施加压力。</p>
<p>了解达乐叙述的关键风险。</p>
<h2>自建达乐叙述</h2>
<p>如果你有不同的看法或想自己深入研究数据，你可以在几分钟内轻松构建自己的达乐故事版本。按你的方式进行。</p>
<p>进行达乐研究的一个很好的起点是我们的分析，强调了 4 个关键收益和 1 个重要警示信号，这可能会影响你的投资决策。</p>
<h2>寻找更多投资想法？</h2>
<p>聪明的投资者总是关注新趋势。不要错过发现隐藏的宝石和强劲表现者的机会。考虑这些精心挑选的机会：</p>
<ul>
<li>通过扫描这 26 只正在利用先进人工智能和自动化突破转型行业的 AI 便士股票，最大化增长潜力。</li>
<li>通过瞄准这些收益率超过 3% 的 22 只股息股票，获取稳定收入，这些股票来自经过验证的市场领导者，提供可靠的收益。</li>
<li>通过审查这 81 只加密货币和区块链股票，抢占先机，利用加密货币和区块链创新的最新动态。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章不构成财务建议。</strong> 它不构成买入或卖出任何股票的推荐，也未考虑你的目标或财务状况。我们的目标是为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

达乐

<p>达乐（Dollar General，DG）股票近期面临压力，本月下跌 1%，但年初至今上涨 30.45%。分析师质疑该股在 98.66 美元的价格是否被低估，相较于 120.11 美元的公允价值。尽管面临竞争和上升的劳动力成本挑战，公司仍专注于数字化举措和扩张计划以推动增长。投资者被鼓励探索达乐的潜力，并考虑其他投资机会，包括人工智能股票和分红股票。本分析不构成财务建议，也未考虑近期公司的公告</p>

<p>Dollar General (DG) shares have been under pressure over the past month, reflecting shifting investor sentiment and ongoing questions around the company’s growth trajectory. While the stock has pulled back 1% this month, its year-to-date performance remains solid.</p>
<div class="lb-trans"><p>达乐（Dollar General，DG）股票在过去一个月承压，反映出投资者情绪的变化以及对公司增长轨迹的持续质疑。尽管本月股价回落了 1%，但其年初至今的表现依然稳健。</p>
</div><p>See our latest analysis for Dollar General.</p>
<div class="lb-trans"><p>请查看我们对达乐的最新分析。</p>
</div><p>This past year, Dollar General’s share price has made a significant recovery, posting a 30.45% gain since January and helping to offset some of the longer-term losses that still weigh on its three-year total shareholder return of -57.82%. Market momentum has improved noticeably, even as recent price action suggests that buyers are becoming a bit more cautious for now.</p>
<div class="lb-trans"><p>在过去一年中，达乐的股价显著回升，自一月份以来上涨了 30.45%，帮助抵消了仍然影响其三年总股东回报率-57.82% 的一些长期损失。市场动能明显改善，尽管近期的价格走势表明买家目前变得更加谨慎。</p>
</div><p>If you’re looking to spot where the next wave of growth could come from, now is a smart time to broaden your search and discover fast growing stocks with high insider ownership</p>
<div class="lb-trans"><p>如果你想找出下一波增长的来源，现在是扩大搜索范围、发现高内部持股的快速增长股票的明智时机。</p>
</div><p>The real question for investors now is whether Dollar General remains undervalued given recent improvements, or if recent gains mean the market has already factored in the company’s growth potential. Is there still a bargain to be found?</p>
<div class="lb-trans"><p>现在投资者真正关心的问题是，考虑到近期的改善，达乐是否仍然被低估，还是近期的涨幅意味着市场已经考虑了公司的增长潜力。是否还有便宜货可寻？</p>
</div><h2>Most Popular Narrative: 17.9% Undervalued</h2>
<div class="lb-trans"><h2>最受欢迎的叙述：17.9% 被低估</h2>
</div><p>With Dollar General’s latest close of $98.66 still trailing the most popular narrative fair value of $120.11, market optimism remains ahead of price action. Steady improvements in profitability and ambitious expansion plans are fueling analyst conviction.</p>
<div class="lb-trans"><p>达乐最新收盘价为 98.66 美元，仍低于最受欢迎的公允价值 120.11 美元，市场乐观情绪仍领先于价格走势。盈利能力的稳定改善和雄心勃勃的扩张计划增强了分析师的信心。</p>
</div><blockquote>
<p><em>Rapid scaling of digital initiatives, including same-day delivery partnerships (DoorDash, Uber Eats), in-house DG delivery, and the DG Media Network, positions Dollar General to capture incremental market share and drive higher-margin omni-channel revenue streams. This is expected to boost both sales and earnings over the long term.</em></p>
</blockquote>
<div class="lb-trans"><blockquote>
<p><em>快速扩展数字化举措，包括同日送货合作（DoorDash、Uber Eats）、内部达乐送货和达乐媒体网络，使达乐能够获取增量市场份额并推动更高利润的全渠道收入流。这预计将长期提升销售和收益。</em></p>
</blockquote>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>阅读完整叙述。</p>
</div><p>What is really driving the enthusiasm behind this fair value? High-impact digital ambitions and a series of aggressive growth moves play a central role. There is a pillar assumption that, when you see the underlying financial targets and margin expectations, may leave you questioning if the market has truly priced in Dollar General’s next act. The full narrative reveals the key numbers and the logic behind this bullish stance.</p>
<div class="lb-trans"><p>究竟是什么驱动了对这一公允价值的热情？高影响力的数字化目标和一系列激进的增长举措发挥了核心作用。有一个支柱假设，当你看到潜在的财务目标和利润预期时，可能会让你质疑市场是否真正考虑了达乐的下一步行动。完整的叙述揭示了关键数字和这一看涨立场背后的逻辑。</p>
</div><p><strong>Result: Fair Value of $120.11 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：公允价值为 120.11 美元（被低估）</strong></p>
</div><p>Have a read of the narrative in full and understand what's behind the forecasts.</p>
<div class="lb-trans"><p>完整阅读叙述，了解预测背后的原因。</p>
</div><p>However, persistent competition from discount retailers and the challenge of rising labor costs could stall Dollar General’s expansion and put pressure on future earnings growth.</p>
<div class="lb-trans"><p>然而，来自折扣零售商的持续竞争和不断上升的劳动力成本可能会阻碍达乐的扩张，并对未来的收益增长施加压力。</p>
</div><p>Find out about the key risks to this Dollar General narrative.</p>
<div class="lb-trans"><p>了解达乐叙述的关键风险。</p>
</div><h2>Build Your Own Dollar General Narrative</h2>
<div class="lb-trans"><h2>自建达乐叙述</h2>
</div><p>If you see things differently or want to dig into the numbers yourself, you can easily craft your own version of Dollar General’s story in just a few minutes. Do it your way</p>
<div class="lb-trans"><p>如果你有不同的看法或想自己深入研究数据，你可以在几分钟内轻松构建自己的达乐故事版本。按你的方式进行。</p>
</div><p>A great starting point for your Dollar General research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.</p>
<div class="lb-trans"><p>进行达乐研究的一个很好的起点是我们的分析，强调了 4 个关键收益和 1 个重要警示信号，这可能会影响你的投资决策。</p>
</div><h2>Looking for more investment ideas?</h2>
<div class="lb-trans"><h2>寻找更多投资想法？</h2>
</div><p>Smart investors always keep an eye out for fresh trends. Do not miss your chance to uncover hidden gems and strong performers. Consider these handpicked opportunities:</p>
<div class="lb-trans"><p>聪明的投资者总是关注新趋势。不要错过发现隐藏的宝石和强劲表现者的机会。考虑这些精心挑选的机会：</p>
</div><ul>
<li>Maximize growth potential by scanning these 26 AI penny stocks, which are transforming industries with advanced artificial intelligence and automation breakthroughs.</li>
<li>Capture steady income by targeting these 22 dividend stocks with yields &gt; 3%, which offer reliable yields above 3% from proven market leaders.</li>
<li>Get ahead of the curve by reviewing these 81 cryptocurrency and blockchain stocks to capitalize on the latest moves in cryptocurrency and blockchain innovation.</li>
</ul>
<div class="lb-trans"><ul>
<li>通过扫描这 26 只正在利用先进人工智能和自动化突破转型行业的 AI 便士股票，最大化增长潜力。</li>
<li>通过瞄准这些收益率超过 3% 的 22 只股息股票，获取稳定收入，这些股票来自经过验证的市场领导者，提供可靠的收益。</li>
<li>通过审查这 81 只加密货币和区块链股票，抢占先机，利用加密货币和区块链创新的最新动态。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章不构成财务建议。</strong> 它不构成买入或卖出任何股票的推荐，也未考虑你的目标或财务状况。我们的目标是为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

在最近的股价趋势之后，对达乐（DG）估值的新观察