Dollarama (OTCMKTS:DLMAF – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.91 by $0.01, Zacks reports. Dollarama had a return on equity of 94.77% and a net margin of 17.65%.
Dollarama Stock Down 1.8%
Shares of DLMAF opened at $118.92 on Wednesday. Dollarama has a fifty-two week low of $112.41 and a fifty-two week high of $160.86. The firm has a market cap of $31.98 billion and a PE ratio of 45.04. The company has a quick ratio of 0.70, a current ratio of 1.57 and a debt-to-equity ratio of 3.96. The company’s fifty day moving average is $131.60 and its two-hundred day moving average is $131.26.
Analyst Ratings Changes
DLMAF has been the topic of several recent analyst reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. Ventum Financial raised shares of Dollarama to a “strong-buy” rating in a research report on Thursday, August 20th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Finally, Scotiabank restated an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Five analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Dollarama Company Profile
Dollarama Inc is a Canadian value retailer that operates a chain of stores offering a broad assortment of everyday consumer products at fixed, low price points. Its merchandise includes general merchandise, household supplies, seasonal items, toys, stationery, party goods, hardware, kitchen products, and select food and convenience products.
Founded in 1992, Dollarama has expanded into one of Canada’s largest discount-store networks, serving communities across the country through stores in all provinces and territories.
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