Dollarama Inc. (OTCMKTS:DLMAF) Given Average Rating of “Buy” by Analysts

Dollarama Inc. (OTCMKTS:DLMAF) has received an average rating of “Buy” from the thirteen brokerages that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and four have given a strong buy recommendation to the company.

A number of research analysts have recently issued reports on the stock. TD Securities upgraded shares of Dollarama to a “strong-buy” rating in a report on Wednesday, March 25th. Wells Fargo & Company upgraded shares of Dollarama to a “hold” rating in a report on Tuesday, March 24th. National Bank Financial upgraded shares of Dollarama to a “strong-buy” rating in a report on Wednesday, March 25th. Royal Bank Of Canada upgraded shares of Dollarama to a “moderate buy” rating in a report on Monday, March 16th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th.

Dollarama Trading Up 0.3%

Shares of DLMAF stock opened at $135.35 on Friday. The stock has a market cap of $36.68 billion and a price-to-earnings ratio of 51.27. The stock has a 50-day moving average of $128.57 and a 200-day moving average of $136.02. The company has a current ratio of 1.57, a quick ratio of 0.31 and a debt-to-equity ratio of 3.96. Dollarama has a 1-year low of $112.41 and a 1-year high of $160.86.

Dollarama (OTCMKTS:DLMAF) last released its earnings results on Thursday, June 11th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.72 by $0.05. Dollarama had a return on equity of 94.77% and a net margin of 17.65%.The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.34 billion. On average, equities research analysts forecast that Dollarama will post 3.65 earnings per share for the current year.

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.