Dollarama (OTCMKTS:DLMAF – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.01, Zacks reports. Dollarama had a net margin of 17.65% and a return on equity of 94.77%.
Dollarama Price Performance
Shares of OTCMKTS DLMAF opened at $118.92 on Wednesday. The firm has a market cap of $31.98 billion and a P/E ratio of 45.04. The business’s 50 day moving average is $131.60 and its 200-day moving average is $131.26. The company has a current ratio of 1.57, a quick ratio of 0.70 and a debt-to-equity ratio of 3.96. Dollarama has a 1-year low of $112.41 and a 1-year high of $160.86.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. Scotiabank reiterated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Ventum Financial upgraded Dollarama to a “strong-buy” rating in a research note on Thursday, August 20th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Five investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Dollarama presently has an average rating of “Buy”.
Dollarama Company Profile
Dollarama Inc is a Canadian value retailer that operates a chain of stores offering a broad assortment of everyday consumer products at fixed, low price points. Its merchandise includes general merchandise, household supplies, seasonal items, toys, stationery, party goods, hardware, kitchen products, and select food and convenience products.
Founded in 1992, Dollarama has expanded into one of Canada’s largest discount-store networks, serving communities across the country through stores in all provinces and territories.
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