Dollarama Inc. (OTCMKTS:DLMAF) Given Average Rating of “Buy” by Brokerages

Shares of Dollarama Inc. (OTCMKTS:DLMAF) have been given an average recommendation of “Buy” by the thirteen analysts that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and four have issued a strong buy rating on the company.

Several research firms have weighed in on DLMAF. Zacks Research raised Dollarama to a “hold” rating in a report on Monday, March 16th. Jefferies Financial Group raised Dollarama to a “strong-buy” rating in a report on Wednesday, March 25th. TD Securities upgraded shares of Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th. UBS Group upgraded shares of Dollarama to a “hold” rating in a research report on Wednesday, March 25th. Finally, Royal Bank Of Canada upgraded shares of Dollarama to a “moderate buy” rating in a research report on Monday, March 16th.

Dollarama Stock Performance

Shares of DLMAF stock opened at $135.35 on Friday. The stock has a market capitalization of $36.68 billion and a P/E ratio of 51.27. The company has a current ratio of 1.57, a quick ratio of 0.31 and a debt-to-equity ratio of 3.96. The firm’s 50 day moving average is $128.57 and its 200 day moving average is $136.02. Dollarama has a 12 month low of $112.41 and a 12 month high of $160.86.

Dollarama (OTCMKTS:DLMAF) last issued its quarterly earnings data on Thursday, June 11th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.05. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Dollarama had a return on equity of 94.77% and a net margin of 17.65%. On average, sell-side analysts anticipate that Dollarama will post 3.65 earnings per share for the current year.

About Dollarama

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.