Dollarama Inc. (OTCMKTS:DLMAF) Given Consensus Recommendation of “Buy” by Brokerages

Dollarama Inc. (OTCMKTS:DLMAF) has been assigned an average recommendation of “Buy” from the eight research firms that are covering the firm, MarketBeat Ratings reports. Eight research analysts have rated the stock with a buy recommendation.

A number of brokerages have weighed in on DLMAF. TD Securities reiterated a “buy” rating on shares of Dollarama in a research report on Friday, December 12th. Scotiabank reaffirmed 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. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Finally, National Bank Financial reiterated an “outperform” rating on shares of Dollarama in a research report on Thursday, December 4th.

Dollarama Trading Up 1.1%

Dollarama stock opened at $144.66 on Friday. The firm has a market cap of $39.48 billion and a PE ratio of 172.21. Dollarama has a 12 month low of $97.63 and a 12 month high of $160.86. The stock’s 50 day simple moving average is $143.33 and its two-hundred day simple moving average is $138.56. The company has a current ratio of 1.09, a quick ratio of 0.23 and a debt-to-equity ratio of 3.55.

Dollarama (OTCMKTS:DLMAF) last posted its earnings results on Thursday, December 11th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.05. Dollarama had a net margin of 18.61% and a return on equity of 98.93%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.35 billion.

Dollarama Company Profile

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.