Doman Building Materials Group Ltd. (TSE:DBM – Free Report) – Raymond James Financial lowered their FY2026 earnings per share (EPS) estimates for Doman Building Materials Group in a research report issued on Wednesday, October 15th. Raymond James Financial analyst D. Swetlishoff now anticipates that the company will post earnings of $0.84 per share for the year, down from their previous forecast of $1.06. Raymond James Financial has a “Strong-Buy” rating and a $11.00 price objective on the stock. The consensus estimate for Doman Building Materials Group’s current full-year earnings is $0.81 per share.
A number of other research firms also recently weighed in on DBM. TD Securities boosted their target price on Doman Building Materials Group from C$10.00 to C$11.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Stifel Nicolaus dropped their target price on Doman Building Materials Group from C$12.00 to C$10.50 and set a “buy” rating for the company in a research report on Tuesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Doman Building Materials Group presently has an average rating of “Moderate Buy” and a consensus price target of C$10.00.
Doman Building Materials Group Price Performance
Shares of Doman Building Materials Group stock opened at C$8.72 on Monday. The firm has a market capitalization of C$764.14 million, a PE ratio of 10.26 and a beta of 1.32. The company has a current ratio of 2.94, a quick ratio of 1.11 and a debt-to-equity ratio of 112.91. Doman Building Materials Group has a 12 month low of C$6.30 and a 12 month high of C$10.04. The business’s 50-day moving average price is C$9.42 and its 200-day moving average price is C$8.58.
About Doman Building Materials Group
Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns.
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