Dollarama Inc. (TSE:DOL) Receives C$216.15 Consensus PT from Brokerages

Shares of Dollarama Inc. (TSE:DOL) have been assigned an average rating of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$216.15.

A number of research analysts recently commented on the stock. Scotiabank raised their price objective on shares of Dollarama from C$205.00 to C$220.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Canaccord Genuity Group increased their price target on Dollarama from C$198.00 to C$207.00 in a research note on Friday, December 12th. Wells Fargo & Company lifted their price target on Dollarama from C$185.00 to C$195.00 and gave the company an “equal weight” rating in a research report on Friday, December 12th. BMO Capital Markets boosted their price objective on Dollarama from C$215.00 to C$222.00 in a research note on Wednesday, December 3rd. Finally, Canadian Imperial Bank of Commerce upped their price objective on Dollarama from C$199.00 to C$212.00 and gave the company a “neutral” rating in a report on Friday, December 12th.

Dollarama Stock Performance

DOL stock opened at C$192.09 on Friday. The company has a 50-day simple moving average of C$196.42 and a 200 day simple moving average of C$191.69. The company has a market capitalization of C$52.55 billion, a P/E ratio of 40.87, a PEG ratio of 1.93 and a beta of -0.07. The company has a quick ratio of 0.08, a current ratio of 1.43 and a debt-to-equity ratio of 369.36. Dollarama has a fifty-two week low of C$142.20 and a fifty-two week high of C$209.96.

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

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.