Dollarama Inc. (OTCMKTS:DLMAF) Stock Rated “Buy” by Wall Street Brokerages

Shares of Dollarama Inc. (OTCMKTS:DLMAF – Get Free Report) have been given a consensus recommendation of “Buy” by the thirteen research firms that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating, four have given a buy rating and five have given a strong buy rating to the company.

Several equities analysts have recently weighed in on DLMAF shares. Ventum Financial upgraded Dollarama to a “strong-buy” rating in a research report on Thursday, August 20th. Royal Bank Of Canada reissued an “outperform” rating on shares of Dollarama in a research note on Thursday, September 17th.

View Our Latest Report on Dollarama

Dollarama Trading Up 3.9%

Dollarama stock opened at $155.48 on Thursday. The firm has a market cap of $41.69 billion and a PE ratio of 43.19. The company has a current ratio of 1.55, a quick ratio of 0.54 and a debt-to-equity ratio of 3.71. The stock’s 50 day simple moving average is $133.22 and its two-hundred day simple moving average is $133.45. Dollarama has a 12 month low of $103.63 and a 12 month high of $160.86.

Dollarama (OTCMKTS:DLMAF – Get Free Report) last announced its earnings results on Wednesday, September 16th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.01. Dollarama had a return on equity of 96.41% and a net margin of 17.32%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. Analysts anticipate that Dollarama will post 3.69 earnings per share for the current year.

Dollarama Company Profile

(Get Free Report)

Dollarama Inc is a Canadian discount retailer that operates stores through its subsidiary, Dollarama L.P. The company sells a broad selection of general merchandise, consumable products and seasonal items, with offerings that typically include household goods, kitchenware, party supplies, toys, stationery, hardware, health and beauty products, snacks and other everyday essentials.

Founded in 1992 by Larry Rossy, Dollarama began with stores in Quebec and has expanded its retail network across Canada.

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Analyst Recommendations for Dollarama (OTCMKTS:DLMAF)

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