Dollarama Inc. (OTCMKTS:DLMAF – Get Free Report)’s stock price gapped up prior to trading on Monday. The stock had previously closed at $143.83, but opened at $151.72. Dollarama shares last traded at $151.72, with a volume of 481 shares trading hands.
Wall Street Analyst Weigh In
DLMAF has been the subject of several research analyst reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of Dollarama in a research note on Thursday, September 17th. Ventum Financial upgraded Dollarama to a “strong-buy” rating in a research note on Thursday, August 20th. Five investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy”.
Check Out Our Latest Report on DLMAF
Dollarama Stock Up 3.9%
Dollarama (OTCMKTS:DLMAF – Get Free Report) last released its quarterly earnings results on Wednesday, September 16th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.01. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. Dollarama had a return on equity of 96.41% and a net margin of 17.32%. Sell-side analysts predict that Dollarama Inc. will post 3.69 EPS for the current year.
Dollarama Company Profile
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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