Stifel Canada Has Optimistic View of TSE:DBM FY2025 Earnings

Doman Building Materials Group Ltd. (TSE:DBM) – Stock analysts at Stifel Canada boosted their FY2025 EPS estimates for shares of Doman Building Materials Group in a report released on Sunday, November 9th. Stifel Canada analyst I. Gillies now anticipates that the company will post earnings of $0.90 per share for the year, up from their previous estimate of $0.83. The consensus estimate for Doman Building Materials Group’s current full-year earnings is $0.81 per share. Stifel Canada also issued estimates for Doman Building Materials Group’s FY2026 earnings at $0.82 EPS and FY2027 earnings at $0.92 EPS.

Several other research analysts also recently commented on DBM. Desjardins set a C$11.00 target price on Doman Building Materials Group and gave the stock a “buy” rating in a report on Thursday, October 30th. Raymond James Financial lifted their price target on Doman Building Materials Group from C$10.00 to C$11.00 and gave the company a “strong-buy” rating in a report on Thursday, August 7th. Stifel Nicolaus reduced their price target on shares of Doman Building Materials Group from C$12.00 to C$10.50 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. TD Securities raised their price objective on shares of Doman Building Materials Group from C$10.00 to C$11.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Finally, National Bankshares boosted their target price on shares of Doman Building Materials Group from C$10.50 to C$11.50 and gave the stock an “outperform” rating in a research note on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Doman Building Materials Group presently has a consensus rating of “Moderate Buy” and a consensus price target of C$10.31.

Doman Building Materials Group Stock Down 0.9%

TSE DBM opened at C$8.76 on Wednesday. The company has a current ratio of 2.94, a quick ratio of 1.11 and a debt-to-equity ratio of 112.91. The company has a market capitalization of C$767.65 million, a price-to-earnings ratio of 10.31 and a beta of 1.44. Doman Building Materials Group has a 1-year low of C$6.30 and a 1-year high of C$10.04. The stock’s 50 day moving average is C$9.11 and its two-hundred day moving average is C$8.82.

Doman Building Materials Group Company Profile

Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns.