TD Cuts Dollarama (TSE:DOL) Price Target to C$217.00

Dollarama (TSE:DOL) had its target price cut by TD from C$227.00 to C$217.00 in a research report report published on Thursday morning,BayStreet reports. They currently have a buy rating on the stock.

DOL has been the subject of a number of other research reports. BMO Capital Markets raised their target price on shares of Dollarama from C$210.00 to C$221.00 in a research report on Friday, June 12th. Stifel Nicolaus increased their price objective on shares of Dollarama from C$190.00 to C$215.00 in a research note on Friday, June 12th. Bank of America set a C$220.00 price objective on Dollarama and gave the company a “buy” rating in a report on Friday, June 12th. Royal Bank Of Canada set a C$223.00 price objective on Dollarama and gave the company an “outperform” rating in a report on Tuesday, September 1st. Finally, UBS Group dropped their target price on Dollarama from C$202.00 to C$190.00 in a report on Monday, September 14th. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$215.75.

Dollarama Price Performance

Shares of DOL opened at C$174.18 on Thursday. The stock has a market capitalization of C$46.74 billion, a P/E ratio of 35.84, a P/E/G ratio of 1.93 and a beta of 0.26. Dollarama has a twelve month low of C$163.25 and a twelve month high of C$209.96. The company has a 50 day moving average of C$183.37 and a 200-day moving average of C$181.64. The company has a quick ratio of 0.08, a current ratio of 1.55 and a debt-to-equity ratio of 399.63.

Dollarama (TSE:DOL) last posted its quarterly earnings data on Wednesday, September 16th. The company reported C$1.29 earnings per share (EPS) for the quarter. The company had revenue of C$2.03 billion for the quarter. Dollarama had a net margin of 17.32% and a return on equity of 97.52%. As a group, equities research analysts forecast that Dollarama will post 5.3295203 EPS for the current fiscal year.

Dollarama Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, August 7th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Friday, July 10th. Dollarama’s payout ratio is 9.00%.

Dollarama News Summary

Here are the key news stories impacting Dollarama this week:

• Positive Sentiment: Dollarama raised its fiscal 2027 sales-growth outlook after reporting continued second-quarter sales momentum, suggesting that consumers are increasingly choosing its value-oriented merchandise as household budgets tighten. Dollarama raises fiscal 2027 guidance after Q2 sales growth
• Positive Sentiment: Second-quarter EPS increased 11%, while the company also exceeded sales-growth expectations. The combination of earnings growth and higher guidance reinforces the investment case despite a cautious consumer environment. Dollarama: Q2 EPS up 11%
• Positive Sentiment: Analyst sentiment remains broadly bullish. Desjardins and TD maintained “buy” ratings with targets of C$210 and C$217, while National Bank Financial and RBC maintained “outperform” ratings with targets of C$210 and C$225. These targets imply approximately 22% to 30% upside from the referenced C$172.75 level.
• Neutral Sentiment: The analyst revisions were mixed: Desjardins lowered its target from C$215 to C$210 and TD cut its target from C$227 to C$217, while National Bank Financial and RBC raised their targets modestly. The unchanged positive ratings limit the concern implied by the target reductions.
• Negative Sentiment: Dollarama recently reached a new 52-week low following an analyst downgrade, highlighting near-term market pressure. Shares also remain below their 50-day and 200-day moving averages, which may keep technical sentiment cautious. Dollarama Sets New 1-Year Low Following Analyst Downgrade

Dollarama Company Profile

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.