Dollarama (OTCMKTS:DLMAF – Get Free Report) released its earnings results on Thursday. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.05, Zacks reports. Dollarama had a net margin of 17.65% and a return on equity of 94.43%. The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.34 billion.
Dollarama Stock Performance
OTCMKTS:DLMAF opened at $136.62 on Friday. Dollarama has a 12-month low of $112.41 and a 12-month high of $160.86. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 3.17. The firm has a market capitalization of $37.02 billion and a PE ratio of 73.06. The firm has a 50-day moving average price of $127.10 and a 200 day moving average price of $136.62.
Analyst Ratings Changes
Several equities research analysts recently weighed in on DLMAF shares. Scotiabank reiterated an “outperform” rating on shares of Dollarama in a research note on Friday. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Dollarama in a research note on Friday. National Bank Financial upgraded shares of Dollarama to a “strong-buy” rating in a research note on Wednesday, March 25th. Wells Fargo & Company upgraded shares of Dollarama to a “hold” rating in a research note on Tuesday, March 24th. Finally, Royal Bank Of Canada upgraded shares of Dollarama to a “moderate buy” rating in a research note on Monday, March 16th. Four equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.
About Dollarama
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
- Five stocks we like better than Dollarama
- MarketBeat Week in Review – 06/08 – 06/12
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
Receive News & Ratings for Dollarama Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollarama and related companies with MarketBeat.com's FREE daily email newsletter.
