Dollarama Inc. (OTCMKTS:DLMAF) Receives Consensus Rating of “Buy” from Brokerages

Shares of Dollarama Inc. (OTCMKTS:DLMAFGet Free Report) have earned a consensus rating of “Buy” from the thirteen research firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and four have given a strong buy recommendation to the company.

DLMAF has been the topic of a number of research analyst reports. Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. BMO Capital Markets reissued an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. Finally, Stifel Nicolaus upgraded shares of Dollarama from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th.

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Dollarama Stock Performance

DLMAF opened at $137.58 on Friday. The firm’s fifty day simple moving average is $134.02 and its two-hundred day simple moving average is $133.12. Dollarama has a 52-week low of $112.41 and a 52-week high of $160.86. The company has a market cap of $37.07 billion and a price-to-earnings ratio of 52.11. The company has a quick ratio of 0.70, a current ratio of 1.57 and a debt-to-equity ratio of 3.96.

Dollarama (OTCMKTS:DLMAFGet Free Report) last issued its quarterly earnings results on Thursday, June 11th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.05. Dollarama had a net margin of 17.65% and a return on equity of 94.77%. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.34 billion. Equities analysts anticipate that Dollarama will post 3.65 earnings per share for the current fiscal year.

About Dollarama

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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.

Further Reading

Analyst Recommendations for Dollarama (OTCMKTS:DLMAF)

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