Dollarama Inc. (OTCMKTS:DLMAF) Given Consensus Recommendation of “Buy” by Analysts

Shares of Dollarama Inc. (OTCMKTS:DLMAF) have earned a consensus rating of “Buy” from the thirteen analysts that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and four have assigned a strong buy recommendation to the company.

Several research firms have recently issued reports on DLMAF. Royal Bank Of Canada raised Dollarama to a “moderate buy” rating in a report on Monday, March 16th. Stifel Nicolaus upgraded Dollarama from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. National Bank Financial raised Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th. Scotiabank restated an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. Finally, Wells Fargo & Company upgraded Dollarama to a “hold” rating in a research note on Tuesday, March 24th.

Dollarama Price Performance

DLMAF opened at $134.34 on Friday. Dollarama has a fifty-two week low of $112.41 and a fifty-two week high of $160.86. The firm has a market capitalization of $36.40 billion and a P/E ratio of 50.88. The company’s 50-day moving average is $129.30 and its 200 day moving average is $135.64. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.57 and a quick ratio of 0.70.

Dollarama (OTCMKTS:DLMAF) last issued its quarterly earnings data on Thursday, June 11th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.05. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.34 billion. Dollarama had a net margin of 17.65% and a return on equity of 94.77%. Research analysts expect that Dollarama will post 3.65 earnings per share for the current fiscal year.

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.