Dollarama Inc. (OTCMKTS:DLMAF – Get Free Report)’s stock price gapped up prior to trading on Monday. The stock had previously closed at $143.83, but opened at $151.72. Dollarama shares last traded at $151.72, with a volume of 481 shares.
Analysts Set New Price Targets
Several analysts recently issued reports on DLMAF shares. Royal Bank Of Canada restated an “outperform” rating on shares of Dollarama in a research report on Thursday, September 17th. Ventum Financial upgraded shares of Dollarama to a “strong-buy” rating in a research report on Thursday, August 20th. Five research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Dollarama currently has a consensus rating of “Buy”.
Check Out Our Latest Report on Dollarama
Dollarama Stock Up 2.6%
The company has a 50-day moving average of $132.16 and a two-hundred day moving average of $133.32. The company has a debt-to-equity ratio of 3.71, a current ratio of 1.55 and a quick ratio of 0.54. The company has a market capitalization of $40.68 billion and a PE ratio of 42.14.
Dollarama (OTCMKTS:DLMAF – Get Free Report) last issued its quarterly earnings results on Wednesday, September 16th. The company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.01. Dollarama had a return on equity of 96.41% and a net margin of 17.32%. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Sell-side analysts anticipate that Dollarama Inc. will post 3.69 earnings per share for the current fiscal year.
Dollarama Company Profile
Dollarama Inc is a Canadian discount retailer that operates stores through its subsidiary, Dollarama L.P. The company sells a broad selection of general merchandise, consumable products and seasonal items, with offerings that typically include household goods, kitchenware, party supplies, toys, stationery, hardware, health and beauty products, snacks and other everyday essentials.
Founded in 1992 by Larry Rossy, Dollarama began with stores in Quebec and has expanded its retail network across Canada.
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