Dollarama (OTCMKTS:DLMAF – Get Free Report) issued its earnings results on Thursday. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.05, Zacks reports. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.34 billion. Dollarama had a return on equity of 94.43% and a net margin of 17.65%.
Dollarama Price Performance
Shares of Dollarama stock opened at $136.62 on Friday. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 3.17. Dollarama has a twelve month low of $112.41 and a twelve month high of $160.86. The business has a 50-day moving average price of $127.10 and a 200 day moving average price of $136.62. The firm has a market cap of $37.02 billion and a PE ratio of 73.06.
Analysts Set New Price Targets
Several analysts recently commented on DLMAF shares. National Bank Financial raised Dollarama to a “strong-buy” rating in a report on Wednesday, March 25th. Zacks Research raised Dollarama to a “hold” rating in a report on Monday, March 16th. Wells Fargo & Company raised Dollarama to a “hold” rating in a report on Tuesday, March 24th. Canaccord Genuity Group raised Dollarama to a “hold” rating in a report on Tuesday, March 24th. Finally, TD Securities raised Dollarama to a “strong-buy” rating in a report on Wednesday, March 25th. Four research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Dollarama has a consensus rating of “Buy”.
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.
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