Dollarama (OTCMKTS:DLMAF) Trading Up 5.8% – Still a Buy?

Dollarama Inc. (OTCMKTS:DLMAFGet Free Report)’s share price rose 5.8% on Friday . The stock traded as high as $136.64 and last traded at $136.64. Approximately 205 shares were traded during trading, a decline of 99% from the average daily volume of 15,023 shares. The stock had previously closed at $129.17.

Wall Street Analyst Weigh In

DLMAF has been the subject of a number of research analyst reports. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. Scotiabank restated an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Stifel Nicolaus raised Dollarama from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Four analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Get Our Latest Stock Report on Dollarama

Dollarama Stock Up 3.8%

The company has a debt-to-equity ratio of 3.96, a quick ratio of 0.70 and a current ratio of 1.57. The firm’s 50-day moving average is $131.86 and its two-hundred day moving average is $133.45. The stock has a market cap of $37.07 billion and a P/E ratio of 51.88.

Dollarama (OTCMKTS:DLMAFGet Free Report) last posted its quarterly earnings data on Thursday, June 11th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.05. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.34 billion. Dollarama had a return on equity of 94.77% and a net margin of 17.65%. On average, equities research analysts anticipate that Dollarama Inc. will post 3.65 earnings per share for the current year.

Dollarama Company Profile

(Get Free Report)

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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