Investor’s Update: Family Dollar Stores, Inc. (NYSE:FDO)

[BUSINESS WIRE] Family Dollar Stores, Inc. (NYSE:FDO), a discount store chain operating more than 8,000 stores in 46 states, will host a conference call for investors and analysts to discuss financial results for the fourth quarter and full year ended August 30, 2014.The Company will also discuss various business initiatives for fiscal 2015. After some prepared remarks by management, participants will have an opportunity to ask questions.Stock PerformanceTaking a look at the company’s recent performance, Family Dollar Stores Inc reported third quarter earnings for fiscal 2014 on July 10^th. The company reported actual earnings per share of $0.85 against the consensus Street estimate of $0.89. This represents year over year decline of 23.53%. Family Dollar Stores Inc posted revenue of $2.66 billion against estimates of $2.62 billion.Family Dollar Stores Inc (FDO) is currently valued at $8.82 billion and closed the last trading session at $76.76. The stock has a 50-day moving average of $78.76 and a 200-day moving average of $66.66.

Is this a Buying Opportunity?There are currently twenty two analysts that we track that cover the stock. Of those twenty two, two have a Buy rating, fifteen have a hold rating and five have a Sell rating. On a consensus basis this yields a score of 1.86 and a Hold. The combined price objective of these covering analysts is $65.57, which represents a 16.17% downside difference to the last closing price.The most recent analyst activity consisted of Zacks reiterating rating their Neutral stance on the company. Zacks has a price target of $82.00 which represents an upside of 5% from the last closing price. On the date of the report, the stock closed at $78.09.Another research firm weighing in recently was MKM Partners who boosted price target on the stock. On August 19^th MKM Partners boosted their price target on the stock from $74.50 to $78.50, or a 0.50% upside to the current price. On the day of the report, Family Dollar Stores Inc shares closed at $79.70.Company ProfileFamily Dollar Stores, Inc. (NYSE:FDO) operates a chain of self-service retail discount stores primarily for low- and middle-income consumers in the United States. Its merchandise assortment includes consumables, such as household chemicals, paper products, food products, health and beauty aids, hardware and automotive supplies, pet food and supplies, and tobacco; and home products comprising blankets, sheets, towels, house wares, giftware, and home décor products.