Dollarama Inc. (OTCMKTS:DLMAF) Stock Now Rated “Buy” by Sell-Side Brokerages

Dollarama Inc. (OTCMKTS:DLMAF) has earned a consensus rating of “Buy” from the thirteen ratings firms that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, four have issued a buy rating and five have issued a strong buy rating on the company.

A number of equities analysts have issued reports on DLMAF shares. Royal Bank Of Canada restated an “outperform” rating on shares of Dollarama in a report on Thursday, September 17th. Ventum Financial upgraded shares of Dollarama to a “strong-buy” rating in a research note on Thursday, August 20th.

Dollarama Stock Up 0.4%

Shares of Dollarama stock opened at $132.96 on Friday. The stock’s 50-day moving average is $130.25 and its 200 day moving average is $129.54. Dollarama has a one year low of $112.41 and a one year high of $160.86. The firm has a market cap of $35.65 billion and a price-to-earnings ratio of 36.93. The company has a debt-to-equity ratio of 3.71, a current ratio of 1.55 and a quick ratio of 0.54.

Dollarama (OTCMKTS:DLMAF) last issued its earnings results on Wednesday, September 16th. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.01. Dollarama had a return on equity of 96.41% and a net margin of 17.32%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. Equities research analysts anticipate that Dollarama will post 3.70 EPS for the current year.

About Dollarama

Dollarama Inc is a Canadian value retailer that operates stores offering general merchandise, consumable products and seasonal items at low, fixed price points. Its product selection typically includes household goods, kitchenware, hardware, stationery, party supplies, toys, health and beauty products, snacks and other everyday necessities.

The company traces its origins to 1992, when the first Dollarama store opened in Matane, Quebec. It has since expanded into a nationwide retail network serving communities across Canada, with stores located in urban, suburban and smaller markets.