Dollarama Inc. (OTCMKTS:DLMAF – Get Free Report)’s stock price rose 12.1% on Friday. The stock traded as high as $145.73 and last traded at $145.73. 335 shares were traded during trading, a decline of 99% from the average session volume of 24,511 shares. The stock had previously closed at $130.00.
Analysts Set New Price Targets
DLMAF has been the subject of several recent analyst reports. Royal Bank Of Canada restated an “outperform” rating on shares of Dollarama in a research report on Thursday, September 17th. Ventum Financial upgraded Dollarama to a “strong-buy” rating in a research report on Thursday, August 20th. Five equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Dollarama currently has an average rating of “Buy”.
Get Our Latest Stock Analysis on Dollarama
Dollarama Price Performance
The stock’s 50 day simple moving average is $129.94 and its 200-day simple moving average is $129.81. The company has a debt-to-equity ratio of 3.71, a quick ratio of 0.54 and a current ratio of 1.55. The firm has a market cap of $27.78 billion and a price-to-earnings ratio of 28.79.
Dollarama (OTCMKTS:DLMAF – Get Free Report) last issued its quarterly earnings results on Wednesday, September 16th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.01. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. Dollarama had a net margin of 17.32% and a return on equity of 96.41%. Equities research analysts anticipate that Dollarama Inc. will post 3.70 EPS for the current fiscal year.
About Dollarama
Dollarama Inc is a Canadian value retailer that operates stores offering general merchandise, consumable products and seasonal items at low, fixed price points. Its product selection typically includes household goods, kitchenware, hardware, stationery, party supplies, toys, health and beauty products, snacks and other everyday necessities.
The company traces its origins to 1992, when the first Dollarama store opened in Matane, Quebec. It has since expanded into a nationwide retail network serving communities across Canada, with stores located in urban, suburban and smaller markets.
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