Dollarama Inc. (TSE:DOL) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Dollarama Inc. (TSE:DOL) have been assigned an average rating of “Moderate Buy” from the eleven analysts that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$216.15.

A number of equities research analysts have weighed in on the stock. Royal Bank Of Canada boosted their target price on shares of Dollarama from C$220.00 to C$225.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Stifel Nicolaus boosted their target price on Dollarama from C$190.00 to C$200.00 and gave the stock a “hold” rating in a research report on Friday, December 12th. Sanford C. Bernstein upped their price objective on Dollarama from C$223.00 to C$232.00 in a research report on Friday, December 12th. BMO Capital Markets lifted their price target on shares of Dollarama from C$215.00 to C$222.00 in a research note on Wednesday, December 3rd. Finally, Scotiabank boosted their price objective on Dollarama from C$205.00 to C$220.00 and gave the company an “outperform” rating in a report on Friday, December 12th.

Dollarama Stock Performance

Shares of DOL opened at C$196.37 on Friday. Dollarama has a 52 week low of C$145.52 and a 52 week high of C$209.96. The company has a quick ratio of 0.08, a current ratio of 1.43 and a debt-to-equity ratio of 369.36. The business’s 50 day moving average price is C$196.27 and its 200-day moving average price is C$191.75. The stock has a market cap of C$53.72 billion, a P/E ratio of 41.78, a P/E/G ratio of 1.93 and a beta of -0.07.

Dollarama (TSE:DOL) last posted its quarterly earnings results on Thursday, December 11th. The company reported C$1.17 earnings per share (EPS) for the quarter. Dollarama had a return on equity of 135.38% and a net margin of 17.85%.The firm had revenue of C$1.91 billion during the quarter. Equities research analysts anticipate that Dollarama will post 5.3295203 earnings per share for the current fiscal year.

About Dollarama

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.