Dollarama (OTCMKTS:DLMAF – Get Free Report) released its earnings results on Tuesday. The company reported $1.03 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.03, Zacks reports. Dollarama had a net margin of 18.61% and a return on equity of 98.93%.
Dollarama Stock Down 9.5%
OTCMKTS DLMAF opened at $122.81 on Wednesday. The company has a debt-to-equity ratio of 3.55, a quick ratio of 0.23 and a current ratio of 1.09. The firm has a 50-day simple moving average of $140.86 and a 200 day simple moving average of $139.03. Dollarama has a twelve month low of $103.70 and a twelve month high of $160.86. The stock has a market cap of $33.52 billion and a PE ratio of 146.20.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on DLMAF shares. TD Securities reiterated a “buy” rating on shares of Dollarama in a research note on Friday, December 12th. Zacks Research raised Dollarama to a “hold” rating in a report on Monday, March 16th. Royal Bank Of Canada upgraded Dollarama to a “moderate buy” rating in a report on Monday, March 16th. National Bank Financial reissued an “outperform” rating on shares of Dollarama in a research report on Thursday, December 4th. Finally, Scotiabank restated an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
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.
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