Dollarama (OTCMKTS:DLMAF – Get Free Report) is projected to post its results before the market opens on Tuesday, March 24th. Analysts expect Dollarama to post earnings of $1.03 per share and revenue of $1.5173 billion for the quarter.
Dollarama Trading Up 1.1%
DLMAF stock opened at $144.51 on Tuesday. Dollarama has a 1-year low of $103.36 and a 1-year high of $160.86. The company has a current ratio of 1.09, a quick ratio of 0.23 and a debt-to-equity ratio of 3.55. The business’s 50 day moving average is $142.11 and its 200-day moving average is $139.08. The firm has a market cap of $39.44 billion and a P/E ratio of 172.04.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on DLMAF. TD Securities reiterated a “buy” rating on shares of Dollarama in a research note on Friday, December 12th. Royal Bank Of Canada restated an “outperform” rating on shares of Dollarama in a research report on Friday, November 28th. Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Finally, National Bank Financial restated an “outperform” rating on shares of Dollarama in a report on Thursday, December 4th. Eight research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.
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.
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