Dollarama (OTCMKTS:DLMAF) Shares Gap Up – Still a Buy?

Dollarama Inc. (OTCMKTS:DLMAFGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $137.29, but opened at $143.66. Dollarama shares last traded at $143.66, with a volume of 125 shares trading hands.

Analyst Ratings Changes

Several analysts have issued reports on DLMAF shares. CIBC reaffirmed an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. TD Securities reaffirmed a “buy” rating on shares of Dollarama in a research note on Friday, December 12th. National Bankshares reaffirmed an “outperform” rating on shares of Dollarama in a research report on Thursday, December 4th. Scotiabank restated an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Dollarama in a report on Friday, November 28th. Eight equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Dollarama has an average rating of “Buy”.

Check Out Our Latest Analysis on DLMAF

Dollarama Stock Up 1.3%

The business has a fifty day moving average price of $144.28 and a two-hundred day moving average price of $138.15. The company has a market cap of $39.33 billion and a price-to-earnings ratio of 171.02. The company has a current ratio of 1.09, a quick ratio of 0.23 and a debt-to-equity ratio of 3.55.

Dollarama (OTCMKTS:DLMAFGet Free Report) last posted its quarterly earnings data on Thursday, December 11th. The company reported $0.84 earnings per share (EPS) 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 the consensus estimate of $1.35 billion.

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.

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