Dollarama (OTCMKTS:DLMAF – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.05, Zacks reports. Dollarama had a net margin of 17.65% and a return on equity of 94.43%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.34 billion.
Dollarama Stock Performance
Shares of OTCMKTS DLMAF opened at $136.62 on Friday. The stock has a market capitalization of $37.02 billion and a P/E ratio of 73.06. The firm’s 50-day moving average price is $127.10 and its two-hundred day moving average price is $136.62. 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 52-week low of $112.41 and a 52-week high of $160.86.
Wall Street Analyst Weigh In
DLMAF has been the topic of a number of research analyst reports. Royal Bank Of Canada upgraded Dollarama to a “moderate buy” rating in a report on Monday, March 16th. TD Securities raised Dollarama to a “strong-buy” rating in a research note on Wednesday, March 25th. National Bank Financial raised shares of Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th. Wells Fargo & Company raised shares of Dollarama to a “hold” rating in a research report on Tuesday, March 24th. Finally, Scotiabank restated an “outperform” rating on shares of Dollarama in a report on Friday. Four equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average 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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