Dollarama Inc. (TSE:DOL) Director Sells C$7,779,271.50 in Stock

Dollarama Inc. (TSE:DOL) Director Stephen Gunn sold 54,950 shares of Dollarama stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of C$141.57, for a total transaction of C$7,779,271.50.

Dollarama Price Performance

DOL traded up C$0.29 on Friday, reaching C$141.84. 714,806 shares of the company’s stock were exchanged, compared to its average volume of 585,131. Dollarama Inc. has a twelve month low of C$89.93 and a twelve month high of C$152.97. The stock has a market cap of C$39.97 billion, a PE ratio of 36.78, a P/E/G ratio of 1.93 and a beta of 0.56. The company has a debt-to-equity ratio of 391.24, a current ratio of 1.99 and a quick ratio of 0.08. The stock’s fifty day moving average price is C$144.47 and its 200-day moving average price is C$134.98.

Dollarama (TSE:DOL) last issued its earnings results on Wednesday, September 11th. The company reported C$1.02 earnings per share for the quarter, topping the consensus estimate of C$0.96 by C$0.06. Dollarama had a return on equity of 156.46% and a net margin of 17.85%. The business had revenue of C$1.56 billion for the quarter, compared to analysts’ expectations of C$1.57 billion. Sell-side analysts expect that Dollarama Inc. will post 5.3295203 EPS for the current year.

Dollarama Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Friday, November 1st were paid a dividend of $0.092 per share. This represents a $0.37 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend was Friday, October 4th. Dollarama’s dividend payout ratio (DPR) is currently 9.59%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of Dollarama from C$136.00 to C$140.00 in a report on Thursday, December 5th. National Bankshares cut Dollarama from an “outperform” rating to a “sector perform” rating in a report on Thursday, December 5th. Cfra raised Dollarama from a “hold” rating to a “buy” rating and raised their price objective for the company from C$130.00 to C$155.00 in a report on Thursday, September 12th. Desjardins upped their target price on Dollarama from C$147.00 to C$150.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Finally, National Bank Financial lowered Dollarama from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$145.17.

Dollarama Company Profile

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.