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

Shares of Dollarama Inc. (OTCMKTS:DLMAF) have been assigned a consensus recommendation of “Buy” from the thirteen ratings firms that are currently 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 issued a strong buy rating on the company.

A number of analysts recently weighed in on DLMAF shares. Wells Fargo & Company raised shares of Dollarama to a “hold” rating in a research report on Tuesday, March 24th. TD Securities upgraded Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th. Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. BMO Capital Markets reiterated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Finally, Canaccord Genuity Group raised Dollarama to a “hold” rating in a research note on Tuesday, March 24th.

Dollarama Price Performance

OTCMKTS:DLMAF opened at $135.06 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 1.57 and a debt-to-equity ratio of 3.96. The business’s 50-day simple moving average is $130.94 and its two-hundred day simple moving average is $134.28. The stock has a market cap of $36.55 billion and a PE ratio of 51.16. Dollarama has a 52 week low of $112.41 and a 52 week high of $160.86.

Dollarama (OTCMKTS:DLMAF) last released its quarterly earnings data on Thursday, June 11th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.72 by $0.05. Dollarama had a net margin of 17.65% and a return on equity of 94.77%. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.34 billion. As a group, analysts forecast that Dollarama will post 3.63 EPS 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.