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

Shares of Dollarama Inc. (OTCMKTS:DLMAFGet Free Report) have been given a consensus recommendation of “Buy” by the thirteen brokerages that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and four have assigned a strong buy recommendation to the company.

Several brokerages recently commented on DLMAF. Scotiabank reiterated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Stifel Nicolaus upgraded shares of Dollarama from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th.

Check Out Our Latest Stock Analysis on Dollarama

Dollarama Price Performance

Shares of OTCMKTS DLMAF opened at $129.17 on Tuesday. The company has a 50 day simple moving average of $131.39 and a 200 day simple moving average of $133.88. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.57 and a quick ratio of 0.70. Dollarama has a 1 year low of $112.41 and a 1 year high of $160.86. The firm has a market cap of $34.96 billion and a PE ratio of 48.93.

Dollarama (OTCMKTS:DLMAFGet Free Report) last announced its earnings results on Thursday, June 11th. The company reported $0.77 earnings per share (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 analyst estimates of $1.34 billion. On average, research analysts forecast that Dollarama will post 3.65 EPS for the current year.

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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Analyst Recommendations for Dollarama (OTCMKTS:DLMAF)

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