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

Shares of Dollarama Inc. (OTCMKTS:DLMAF) have received an average recommendation of “Buy” from the eight research firms that are covering the firm, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a buy rating.

Several research analysts have issued reports on the stock. CIBC restated an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Dollarama in a research report on Friday, November 28th. National Bankshares restated an “outperform” rating on shares of Dollarama in a research note on Thursday, December 4th. Scotiabank reissued an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. Finally, TD Securities reiterated a “buy” rating on shares of Dollarama in a research note on Friday, December 12th.

Dollarama Stock Down 1.9%

Shares of OTCMKTS DLMAF opened at $135.05 on Tuesday. The company has a 50 day simple moving average of $144.53 and a 200 day simple moving average of $138.13. The firm has a market cap of $36.98 billion and a PE ratio of 160.77. Dollarama has a 1 year low of $92.14 and a 1 year high of $160.86. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.09 and a quick ratio of 0.23.

Dollarama (OTCMKTS:DLMAF) last issued its quarterly earnings data on Thursday, December 11th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.05. Dollarama had a net margin of 18.61% and a return on equity of 98.93%. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.35 billion.

Dollarama Company Profile

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.