Dollarama Inc. (OTCMKTS:DLMAF) Receives Average Recommendation of “Buy” from Analysts

Shares of Dollarama Inc. (OTCMKTS:DLMAF) have been given a consensus rating of “Buy” by the fourteen research firms that are presently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating, three have issued a buy rating and six have given a strong buy rating to the company.

A number of brokerages have issued reports on DLMAF. Zacks Research upgraded shares of Dollarama to a “hold” rating in a research report on Monday, March 16th. National Bank Financial upgraded shares of Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th. UBS Group upgraded shares of Dollarama to a “hold” rating in a research report on Wednesday, March 25th. Royal Bank Of Canada upgraded shares of Dollarama to a “moderate buy” rating in a research report on Monday, March 16th. Finally, Canadian Imperial Bank of Commerce upgraded shares of Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th.

Dollarama Stock Performance

Shares of DLMAF opened at $127.84 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.23 and a debt-to-equity ratio of 3.55. The stock has a market cap of $34.89 billion and a P/E ratio of 68.36. The company has a 50-day moving average of $136.35 and a two-hundred day moving average of $137.85. Dollarama has a 12-month low of $112.41 and a 12-month high of $160.86.

Dollarama (OTCMKTS:DLMAF) last announced its earnings results on Tuesday, March 24th. The company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.01. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Dollarama had a net margin of 18.05% and a return on equity of 96.58%.

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.