Dollarama Inc. (OTCMKTS:DLMAF) Receives Average Rating of “Buy” from Brokerages

Shares of Dollarama Inc. (OTCMKTS:DLMAF) have been given a consensus recommendation of “Buy” by the eight brokerages that are covering the stock, MarketBeat reports. Eight research analysts have rated the stock with a buy recommendation.

Several research firms have commented on DLMAF. Royal Bank Of Canada reiterated an “outperform” rating on shares of Dollarama in a research report on Friday, November 28th. Scotiabank reiterated an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. National Bank Financial reissued an “outperform” rating on shares of Dollarama in a report on Thursday, December 4th. TD Securities restated a “buy” rating on shares of Dollarama in a research report on Friday, December 12th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Dollarama in a report on Friday, December 12th.

Dollarama Stock Performance

Shares of Dollarama stock opened at $147.48 on Friday. The company’s 50 day moving average price is $143.38 and its two-hundred day moving average price is $138.68. The firm has a market capitalization of $40.25 billion and a P/E ratio of 175.57. Dollarama has a fifty-two week low of $102.70 and a fifty-two week high of $160.86. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.09 and a quick ratio of 0.23.

Dollarama (OTCMKTS:DLMAF) last announced its quarterly earnings results on Thursday, December 11th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.05. The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Dollarama had a return on equity of 98.93% and a net margin of 18.61%.

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.