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

Shares of Dollarama Inc. (OTCMKTS:DLMAFGet Free Report) have received a consensus rating of “Buy” from the fourteen brokerages that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and seven have given a strong buy recommendation to the company.

DLMAF has been the subject of several recent research reports. Canadian Imperial Bank of Commerce raised Dollarama to a “strong-buy” rating in a research note on Wednesday, March 25th. UBS Group raised Dollarama to a “hold” rating in a research note on Wednesday, March 25th. Canaccord Genuity Group raised Dollarama to a “hold” rating in a research note on Tuesday, March 24th. TD Securities raised Dollarama to a “strong-buy” rating in a research note on Wednesday, March 25th. Finally, BMO Capital Markets raised Dollarama to a “strong-buy” rating in a research note on Tuesday, March 24th.

View Our Latest Analysis on Dollarama

Dollarama Stock Performance

Shares of DLMAF stock opened at $128.06 on Monday. The stock has a market cap of $34.71 billion and a price-to-earnings ratio of 68.48. The stock has a 50-day moving average of $126.25 and a 200-day moving average of $137.22. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 3.17. Dollarama has a 1-year low of $112.41 and a 1-year high of $160.86.

Dollarama (OTCMKTS:DLMAFGet Free Report) last issued its quarterly earnings results on Tuesday, March 24th. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.01. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Dollarama had a return on equity of 94.85% and a net margin of 18.05%. On average, equities research analysts forecast that Dollarama will post 3.71 earnings per share for the current year.

About Dollarama

(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.

Further Reading

Analyst Recommendations for Dollarama (OTCMKTS:DLMAF)

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