Dollarama (TSE:DOL) Stock Price Expected to Rise, National Bank Financial Analyst Says

Dollarama (TSE:DOL) had its price objective boosted by equities researchers at National Bank Financial from C$209.00 to C$210.00 in a report released on Thursday, BayStreet reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 22.28% from the company’s previous close.

Several other equities research analysts also recently weighed in on DOL. Stifel Nicolaus upped their price target on Dollarama from C$190.00 to C$215.00 in a report on Friday, June 12th. TD raised their target price on shares of Dollarama from C$225.00 to C$227.00 and gave the company a “buy” rating in a report on Friday, June 12th. Ventum Financial set a C$225.00 price target on shares of Dollarama and gave the stock a “buy” rating in a report on Tuesday, September 8th. Scotiabank lifted their price target on shares of Dollarama from C$200.00 to C$220.00 in a research note on Friday, June 12th. Finally, Canaccord Genuity Group raised their price target on Dollarama from C$187.00 to C$204.00 in a report on Friday, June 12th. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$215.75.

Dollarama Stock Down 1.6%

Shares of DOL traded down C$2.83 during mid-day trading on Thursday, hitting C$171.73. 374,421 shares of the company’s stock were exchanged, compared to its average volume of 705,607. The stock’s 50-day moving average is C$183.81 and its 200-day moving average is C$181.89. The company has a debt-to-equity ratio of 451.20, a quick ratio of 0.08 and a current ratio of 1.57. Dollarama has a fifty-two week low of C$163.25 and a fifty-two week high of C$209.96. The company has a market cap of C$46.50 billion, a price-to-earnings ratio of 35.34, a P/E/G ratio of 1.93 and a beta of 0.26.

Dollarama (TSE:DOL) last announced its earnings results on Wednesday, September 16th. The company reported C$1.29 earnings per share for the quarter. The firm had revenue of C$2.03 billion for the quarter. Dollarama had a net margin of 17.65% and a return on equity of 95.90%. On average, sell-side analysts anticipate that Dollarama will post 5.3295203 earnings per share for the current fiscal year.

Dollarama News Roundup

Here are the key news stories impacting Dollarama this week:

• Positive Sentiment: Strong Q2 results: Dollarama reported revenue of C$2.03 billion, up 17.6% year over year, while EPS rose 11% to C$1.29. The performance reflects continued demand from Canadian consumers seeking lower-priced goods. Dollarama: Q2 EPS up 11%
• Positive Sentiment: Raised fiscal 2027 outlook: Management increased its Canadian sales-growth expectations after the better-than-anticipated quarter, supported by traffic, consumables demand and consumers trading down amid inflation and economic uncertainty. Dollarama raises fiscal 2027 guidance after Q2 sales growth
• Positive Sentiment: Defensive retail positioning: Executives said shoppers are making more careful spending decisions, which may continue to benefit Dollarama’s value-focused stores if household budgets remain constrained. Dollarama expects higher sales as inflation-hit shoppers look for discounts

About Dollarama

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.