Doman Building Materials Group Ltd. (TSE:DBM) Stock Has Average Target Price of C$12.65

Doman Building Materials Group Ltd. (TSE:DBM) has been given an average recommendation of “Buy” by the five analysts that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a buy recommendation. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$12.65.

A number of brokerages have weighed in on DBM. National Bank Financial upped their price target on shares of Doman Building Materials Group from C$13.50 to C$14.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Raymond James Financial lifted their price objective on shares of Doman Building Materials Group from C$12.00 to C$12.50 and gave the stock an “outperform” rating in a research note on Thursday, August 6th.

Doman Building Materials Group Stock Down 0.6%

DBM opened at C$10.89 on Friday. Doman Building Materials Group has a one year low of C$8.47 and a one year high of C$11.99. The company has a debt-to-equity ratio of 153.48, a quick ratio of 1.11 and a current ratio of 3.27. The stock’s fifty day moving average is C$11.05 and its 200-day moving average is C$10.70. The company has a market capitalization of C$957.17 million, a PE ratio of 11.34 and a beta of 1.62.

Doman Building Materials Group (TSE:DBM) last announced its earnings results on Wednesday, August 5th. The company reported C$0.36 earnings per share for the quarter. The business had revenue of C$904.47 million during the quarter. Doman Building Materials Group had a return on equity of 12.64% and a net margin of 2.71%. On average, equities analysts predict that Doman Building Materials Group will post 0.8051471 EPS for the current fiscal year.

Doman Building Materials Group Company Profile

Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns. Its operations also include timber ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through CanWel Fibre Corp.