Dollarama (OTCMKTS:DLMAF – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $999.00 EPS for the quarter, topping the consensus estimate of $0.73 by $998.27, Zacks reports. Dollarama had a return on equity of 94.85% and a net margin of 18.05%.
Dollarama Stock Performance
Shares of DLMAF opened at $129.01 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 3.17. The company has a market capitalization of $34.97 billion and a price-to-earnings ratio of 68.99. The stock has a 50 day moving average of $126.48 and a 200 day moving average of $136.62. Dollarama has a 12 month low of $112.41 and a 12 month high of $160.86.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on DLMAF. Scotiabank raised Dollarama to a “strong-buy” rating in a research report on Tuesday, March 24th. Royal Bank Of Canada raised Dollarama to a “moderate buy” rating in a research report on Monday, March 16th. TD Securities raised Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th. Jefferies Financial Group raised Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th. Finally, Stifel Nicolaus raised Dollarama from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Seven research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.
About Dollarama
Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.
Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.
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