Dollarama (OTCMKTS:DLMAF – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $999.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $998.27, Zacks reports. Dollarama had a return on equity of 94.85% and a net margin of 18.05%.
Dollarama Stock Performance
Shares of Dollarama stock opened at $129.01 on Thursday. The company has a market cap of $34.97 billion and a PE ratio of 68.99. Dollarama has a 52 week low of $112.41 and a 52 week high of $160.86. The business has a 50 day moving average price of $126.48 and a 200-day moving average price of $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.
Analysts Set New Price Targets
Several research analysts have issued reports on DLMAF shares. Scotiabank upgraded Dollarama to a “strong-buy” rating in a report on Tuesday, March 24th. TD Securities upgraded Dollarama to a “strong-buy” rating in a report on Wednesday, March 25th. Jefferies Financial Group upgraded Dollarama to a “strong-buy” rating in a report on Wednesday, March 25th. Zacks Research upgraded Dollarama to a “hold” rating in a report on Monday, March 16th. Finally, Canaccord Genuity Group upgraded Dollarama to a “hold” rating in a report on Tuesday, March 24th. Seven investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy”.
About Dollarama
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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