Mark Di Pesa Sells 1,000 Shares of Dollarama Inc. (TSE:DOL) Stock

Dollarama Inc. (TSE:DOL) Senior Officer Mark Di Pesa sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of C$130.17, for a total transaction of C$130,172.00. Following the transaction, the insider now directly owns 530 shares of the company’s stock, valued at C$68,991.16.

Dollarama Price Performance

Shares of Dollarama stock traded down C$0.36 during trading hours on Friday, reaching C$129.07. The stock had a trading volume of 719,086 shares, compared to its average volume of 563,419. The stock’s 50 day moving average is C$124.31 and its 200 day moving average is C$111.02. The firm has a market capitalization of C$35.98 billion, a PE ratio of 36.26, a PEG ratio of 1.93 and a beta of 0.52. Dollarama Inc. has a twelve month low of C$84.19 and a twelve month high of C$131.17. The company has a current ratio of 1.93, a quick ratio of 0.08 and a debt-to-equity ratio of 1,137.89.

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

Dollarama Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 2nd. Shareholders of record on Friday, August 2nd will be given a $0.092 dividend. The ex-dividend date of this dividend is Friday, July 5th. This represents a $0.37 annualized dividend and a yield of 0.29%. Dollarama’s dividend payout ratio is presently 8.43%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. BMO Capital Markets boosted their target price on shares of Dollarama from C$124.00 to C$133.00 and gave the company an “outperform” rating in a research report on Monday, June 3rd. TD Securities raised their price objective on Dollarama from C$113.00 to C$126.00 and gave the company a “hold” rating in a research report on Tuesday, May 28th. Desjardins raised their price objective on Dollarama from C$120.00 to C$133.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th. National Bankshares boosted their target price on Dollarama from C$130.00 to C$132.00 and gave the company an “outperform” rating in a research report on Thursday, June 13th. Finally, Royal Bank of Canada lifted their price target on shares of Dollarama from C$136.00 to C$138.00 and gave the company an “outperform” rating in a research note on Thursday, June 13th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.