Dollarama Inc. (OTCMKTS:DLMAF) Given Consensus Rating of “Buy” by Brokerages

Dollarama Inc. (OTCMKTS:DLMAF) has received an average recommendation of “Buy” from the thirteen research firms that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and four have assigned a strong buy rating to the company.

Several research firms have recently issued reports on DLMAF. BMO Capital Markets restated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Canaccord Genuity Group upgraded shares of Dollarama to a “hold” rating in a research note on Tuesday, March 24th. Jefferies Financial Group raised shares of Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. Finally, TD Securities raised shares of Dollarama to a “strong-buy” rating in a report on Wednesday, March 25th.

Dollarama Price Performance

Shares of DLMAF opened at $135.06 on Tuesday. The company has a debt-to-equity ratio of 3.96, a quick ratio of 0.70 and a current ratio of 1.57. The company has a 50 day moving average price of $130.94 and a 200-day moving average price of $134.28. Dollarama has a fifty-two week low of $112.41 and a fifty-two week high of $160.86. The stock has a market capitalization of $36.55 billion and a PE ratio of 51.16.

Dollarama (OTCMKTS:DLMAF) last issued its quarterly earnings data on Thursday, June 11th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.05. Dollarama had a return on equity of 94.77% and a net margin of 17.65%.The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.34 billion. Equities analysts predict that Dollarama will post 3.63 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.