Ventum Financial Analysts Give Dollarama (TSE:DOL) a C$225.00 Price Target

Ventum Financial set a C$225.00 price target on Dollarama (TSE:DOL) in a research note published on Tuesday,BayStreet reports. The firm currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Jefferies Financial Group upped their price objective on Dollarama from C$200.00 to C$230.00 in a research note on Friday, June 12th. BMO Capital Markets raised their target price on shares of Dollarama from C$210.00 to C$221.00 in a research note on Friday, June 12th. Scotiabank boosted their target price on shares of Dollarama from C$200.00 to C$220.00 in a report on Friday, June 12th. Canadian Imperial Bank of Commerce upped their price target on shares of Dollarama from C$202.00 to C$228.00 in a research report on Friday, June 12th. Finally, Canaccord Genuity Group increased their price target on shares of Dollarama from C$187.00 to C$204.00 in a research note on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Dollarama presently has an average rating of “Buy” and an average price target of C$216.56.

Dollarama Stock Performance

DOL opened at C$168.03 on Tuesday. Dollarama has a 52-week low of C$166.00 and a 52-week high of C$209.96. The firm has a market capitalization of C$45.50 billion, a PE ratio of 34.57, a PEG ratio of 1.93 and a beta of 0.26. The company has a debt-to-equity ratio of 451.20, a quick ratio of 0.08 and a current ratio of 1.57. The business’s 50-day simple moving average is C$185.22 and its 200 day simple moving average is C$182.70.

Dollarama (TSE:DOL) last issued its quarterly earnings results on Thursday, June 11th. The company reported C$1.11 EPS for the quarter. The firm had revenue of C$1.85 billion during the quarter. Dollarama had a return on equity of 95.90% and a net margin of 17.65%. As a group, sell-side analysts expect that Dollarama will post 5.3295203 earnings per share for the current fiscal year.

Dollarama Announces Dividend

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

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.