Dollarama (OTCMKTS:DLMAF) Shares Gap Up – Still a Buy?

Dollarama Inc. (OTCMKTS:DLMAFGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $137.29, but opened at $143.66. Dollarama shares last traded at $143.66, with a volume of 125 shares.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Scotiabank restated an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. Royal Bank Of Canada reissued an “outperform” rating on shares of Dollarama in a report on Friday, November 28th. TD Securities restated a “buy” rating on shares of Dollarama in a report on Friday, December 12th. National Bankshares reiterated an “outperform” rating on shares of Dollarama in a report on Thursday, December 4th. Finally, CIBC restated an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Eight equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

View Our Latest Report on Dollarama

Dollarama Stock Performance

The company has a current ratio of 1.09, a quick ratio of 0.23 and a debt-to-equity ratio of 3.55. The firm’s fifty day moving average is $144.28 and its 200 day moving average is $138.15. The company has a market cap of $39.33 billion and a PE ratio of 171.02.

Dollarama (OTCMKTS:DLMAFGet Free Report) last released its earnings results on Thursday, December 11th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.05. Dollarama had a net margin of 18.61% and a return on equity of 98.93%. The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.35 billion.

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.

Further Reading

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