Dollarama Inc. (OTCMKTS:DLMAF – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $143.83, but opened at $151.72. Dollarama shares last traded at $151.72, with a volume of 481 shares.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on DLMAF. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Dollarama in a report on Thursday, September 17th. Ventum Financial raised shares of Dollarama to a “strong-buy” rating in a report on Thursday, August 20th. Five equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on Dollarama
Dollarama Price Performance
The firm has a market cap of $40.68 billion and a PE ratio of 42.14. The firm has a fifty day simple moving average of $132.16 and a two-hundred day simple moving average of $133.32. The company has a debt-to-equity ratio of 3.71, a quick ratio of 0.54 and a current ratio of 1.55.
Dollarama (OTCMKTS:DLMAF – Get Free Report) last issued its quarterly earnings data on Wednesday, September 16th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Dollarama had a return on equity of 96.41% and a net margin of 17.32%. Equities analysts predict that Dollarama Inc. will post 3.69 EPS for the current fiscal year.
Dollarama Company Profile
Dollarama Inc is a Canadian discount retailer that operates stores through its subsidiary, Dollarama L.P. The company sells a broad selection of general merchandise, consumable products and seasonal items, with offerings that typically include household goods, kitchenware, party supplies, toys, stationery, hardware, health and beauty products, snacks and other everyday essentials.
Founded in 1992 by Larry Rossy, Dollarama began with stores in Quebec and has expanded its retail network across Canada.
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