Dollarama Inc. (OTCMKTS:DLMAF) Receives Average Recommendation of “Buy” from Brokerages

Dollarama Inc. (OTCMKTS:DLMAF) has received a consensus rating of “Buy” from the thirteen analysts that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and four have issued a strong buy recommendation on the company.

A number of research analysts recently issued reports on DLMAF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. Stifel Nicolaus raised shares of Dollarama from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. BMO Capital Markets reiterated an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Finally, Scotiabank reiterated an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th.

Dollarama Price Performance

Shares of Dollarama stock opened at $132.01 on Tuesday. The stock has a market cap of $35.73 billion and a P/E ratio of 50.00. The company has a debt-to-equity ratio of 3.96, a quick ratio of 0.70 and a current ratio of 1.57. The stock’s fifty day moving average is $131.56 and its 200 day moving average is $133.70. Dollarama has a one year low of $112.41 and a one year high of $160.86.

Dollarama (OTCMKTS:DLMAF) last released its quarterly earnings results on Thursday, June 11th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.05. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.34 billion. Dollarama had a return on equity of 94.77% and a net margin of 17.65%. 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.