Dollarama Inc. (OTCMKTS:DLMAF) Given Average Rating of “Buy” by Analysts

Shares of Dollarama Inc. (OTCMKTS:DLMAF) have earned a consensus rating of “Buy” from the fourteen research firms that are covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and seven have given a strong buy rating to the company.

DLMAF has been the topic of a number of research reports. Wells Fargo & Company upgraded shares of Dollarama to a “hold” rating in a report on Tuesday, March 24th. UBS Group upgraded shares of Dollarama to a “hold” rating in a report on Wednesday, March 25th. Scotiabank upgraded shares of Dollarama to a “strong-buy” rating in a report on Tuesday, March 24th. Royal Bank Of Canada raised shares of Dollarama to a “moderate buy” rating in a research report on Monday, March 16th. Finally, Jefferies Financial Group raised shares of Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th.

Dollarama Price Performance

Dollarama stock opened at $130.07 on Monday. The firm has a market cap of $35.26 billion and a PE ratio of 69.56. Dollarama has a 52-week low of $112.41 and a 52-week high of $160.86. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 3.17. The company’s 50 day moving average is $126.05 and its two-hundred day moving average is $136.89.

Dollarama (OTCMKTS:DLMAF) last released its earnings results on Tuesday, March 24th. The company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.01. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.52 billion. Dollarama had a net margin of 18.05% and a return on equity of 94.85%. On average, research analysts expect that Dollarama will post 3.71 EPS for the current fiscal year.

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.