Dollarama Inc. (TSE:DOL) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Dollarama Inc. (TSE:DOL) have earned a consensus rating of “Moderate Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$216.15.

DOL has been the subject of several analyst reports. Wells Fargo & Company boosted their target price on Dollarama from C$185.00 to C$195.00 and gave the stock an “equal weight” rating in a report on Friday, December 12th. TD Securities upped their price objective on shares of Dollarama from C$210.00 to C$235.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Stifel Nicolaus raised their target price on shares of Dollarama from C$190.00 to C$200.00 and gave the company a “hold” rating in a research note on Friday, December 12th. Sanford C. Bernstein boosted their target price on shares of Dollarama from C$223.00 to C$232.00 in a research report on Friday, December 12th. Finally, Jefferies Financial Group upped their price target on shares of Dollarama from C$223.00 to C$235.00 in a report on Friday, December 12th.

Dollarama Trading Down 0.4%

Dollarama stock opened at C$192.22 on Monday. Dollarama has a one year low of C$132.37 and a one year high of C$209.96. The company’s fifty day moving average price is C$200.17 and its two-hundred day moving average price is C$191.52. The company has a debt-to-equity ratio of 369.36, a current ratio of 1.43 and a quick ratio of 0.08. The company has a market capitalization of C$52.59 billion, a price-to-earnings ratio of 40.90, a PEG ratio of 1.93 and a beta of 0.00.

Dollarama (TSE:DOL) last released its quarterly earnings results on Thursday, December 11th. The company reported C$1.17 earnings per share (EPS) for the quarter. The company had revenue of C$1.91 billion during the quarter. Dollarama had a return on equity of 135.38% and a net margin of 17.85%. On average, analysts forecast that Dollarama will post 5.3295203 earnings per share for the current fiscal year.

About Dollarama

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.