Insider Selling: Dollarama Inc. (TSE:DOL) Director Sells C$140,627.52 in Stock

Dollarama Inc. (TSE:DOL) Director Paul Roche sold 1,152 shares of the company’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of C$122.07, for a total value of C$140,627.52.

Paul Roche also recently made the following trade(s):

• On Tuesday, April 16th, Paul Roche sold 5,541 shares of Dollarama stock. The shares were sold at an average price of C$111.23, for a total value of C$616,316.56.
• On Tuesday, April 9th, Paul Roche sold 707 shares of Dollarama stock. The shares were sold at an average price of C$111.88, for a total value of C$79,100.01.

Dollarama Trading Up 1.9 %

TSE:DOL opened at C$123.85 on Monday. The stock has a market cap of C$34.52 billion, a price-to-earnings ratio of 34.79, a price-to-earnings-growth ratio of 1.93 and a beta of 0.52. Dollarama Inc. has a one year low of C$84.19 and a one year high of C$129.16. The company has a debt-to-equity ratio of 1,137.89, a quick ratio of 0.08 and a current ratio of 1.93. The business’s 50-day simple moving average is C$119.41 and its 200 day simple moving average is C$107.05.

Dollarama (TSE:DOL) last posted its quarterly earnings data on Wednesday, June 12th. The company reported C$0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.75 by C$0.02. Dollarama had a return on equity of 493.80% and a net margin of 17.22%. The company had revenue of C$1.41 billion for the quarter, compared to the consensus estimate of C$1.41 billion. As a group, sell-side analysts predict that Dollarama Inc. will post 4.5049541 earnings per share for the current fiscal year.

Dollarama Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 2nd. Investors of record on Friday, July 5th will be paid a $0.092 dividend. The ex-dividend date of this dividend is Friday, July 5th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.30%. Dollarama’s dividend payout ratio (DPR) is presently 8.43%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DOL. Royal Bank of Canada raised their price target on shares of Dollarama from C$136.00 to C$138.00 and gave the company an “outperform” rating in a report on Thursday. Stifel Nicolaus lifted their target price on shares of Dollarama from C$110.00 to C$125.00 and gave the company a “hold” rating in a report on Thursday. National Bankshares increased their price target on Dollarama from C$130.00 to C$132.00 and gave the company an “outperform” rating in a report on Thursday. CIBC raised their price objective on Dollarama from C$115.00 to C$128.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Scotiabank increased their target price on Dollarama from C$107.00 to C$113.00 in a research note on Friday, April 5th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$125.80.

About Dollarama

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.