Dollarama (TSE:DOL) Price Target Raised to C$225.00

Dollarama (TSE:DOL) had its price target upped by Royal Bank Of Canada from C$223.00 to C$225.00 in a report released on Thursday,BayStreet reports. The brokerage currently has an outperform rating on the stock.

A number of other equities analysts have also commented on DOL. Canaccord Genuity Group lifted their price target on shares of Dollarama from C$187.00 to C$204.00 in a report on Friday, June 12th. BMO Capital Markets raised their target price on Dollarama from C$210.00 to C$221.00 in a research report on Friday, June 12th. UBS Group lowered their target price on Dollarama from C$202.00 to C$190.00 in a research report on Monday, September 14th. Bank of America set a C$220.00 target price on Dollarama and gave the stock a “buy” rating in a report on Friday, June 12th. Finally, Stifel Nicolaus upped their price target on Dollarama from C$190.00 to C$215.00 in a research report on Friday, June 12th. Ten investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$215.75.

Dollarama Stock Up 0.8%

Shares of TSE DOL opened at C$174.18 on Thursday. The company has a 50 day simple moving average of C$183.37 and a 200 day simple moving average of C$181.64. The company has a debt-to-equity ratio of 399.63, a current ratio of 1.55 and a quick ratio of 0.08. Dollarama has a 1 year low of C$163.25 and a 1 year high of C$209.96. The firm has a market cap of C$46.74 billion, a PE ratio of 35.84, a price-to-earnings-growth ratio of 1.93 and a beta of 0.26.

Dollarama (TSE:DOL) last posted its earnings results on Wednesday, September 16th. The company reported C$1.29 earnings per share for the quarter. Dollarama had a net margin of 17.32% and a return on equity of 97.52%. The firm had revenue of C$2.03 billion for the quarter. On average, research analysts forecast that Dollarama will post 5.3295203 EPS for the current year.

Dollarama Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, August 7th were paid a $0.12 dividend. The ex-dividend date was Friday, July 10th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Dollarama’s dividend payout ratio (DPR) is currently 9.00%.

Dollarama News Roundup

Here are the key news stories impacting Dollarama this week:

• Positive Sentiment: Dollarama raised its fiscal 2027 sales-growth outlook after reporting continued second-quarter sales momentum, suggesting that consumers are increasingly choosing its value-oriented merchandise as household budgets tighten. Dollarama raises fiscal 2027 guidance after Q2 sales growth
• Positive Sentiment: Second-quarter EPS increased 11%, while the company also exceeded sales-growth expectations. The combination of earnings growth and higher guidance reinforces the investment case despite a cautious consumer environment. Dollarama: Q2 EPS up 11%
• Positive Sentiment: Analyst sentiment remains broadly bullish. Desjardins and TD maintained “buy” ratings with targets of C$210 and C$217, while National Bank Financial and RBC maintained “outperform” ratings with targets of C$210 and C$225. These targets imply approximately 22% to 30% upside from the referenced C$172.75 level.
• Neutral Sentiment: The analyst revisions were mixed: Desjardins lowered its target from C$215 to C$210 and TD cut its target from C$227 to C$217, while National Bank Financial and RBC raised their targets modestly. The unchanged positive ratings limit the concern implied by the target reductions.
• Negative Sentiment: Dollarama recently reached a new 52-week low following an analyst downgrade, highlighting near-term market pressure. Shares also remain below their 50-day and 200-day moving averages, which may keep technical sentiment cautious. Dollarama Sets New 1-Year Low Following Analyst Downgrade

Dollarama Company Profile

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.