Dollarama (TSE:DOL – Free Report) had its target price reduced by BMO Capital Markets from C$222.00 to C$210.00 in a research note released on Wednesday morning,BayStreet.CA reports.
Other equities analysts also recently issued reports about the company. Canadian Imperial Bank of Commerce upgraded Dollarama from a “neutral” rating to an “outperform” rating and dropped their price target for the stock from C$212.00 to C$202.00 in a research note on Wednesday. TD Securities reduced their price objective on Dollarama from C$235.00 to C$225.00 and set a “buy” rating for the company in a research report on Wednesday. Scotiabank increased their target price on Dollarama from C$205.00 to C$220.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Canaccord Genuity Group dropped their target price on Dollarama from C$207.00 to C$187.00 in a research report on Wednesday. Finally, National Bank Financial cut their price target on Dollarama from C$225.00 to C$198.00 and set an “outperform” rating for the company in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$202.92.
Dollarama Stock Up 2.0%
Dollarama (TSE:DOL – Get Free Report) last issued its earnings results on Tuesday, March 24th. The company reported C$1.43 earnings per share (EPS) for the quarter. Dollarama had a net margin of 18.05% and a return on equity of 94.71%. The company had revenue of C$2.10 billion for the quarter. Equities research analysts forecast that Dollarama will post 5.3295203 earnings per share for the current year.
More Dollarama News
Here are the key news stories impacting Dollarama this week:
- Positive Sentiment: Quarterly results showed solid profitability — Q4 EPS C$1.43 and revenue C$2.10B, with strong margins and ROE that validate Dollarama’s cash generation and operating leverage. Press Release / Slide Deck
- Positive Sentiment: Market commentary argues the post‑earnings drop was overdone and frames today’s bounce as a buying opportunity — some outlets call the decline a “golden entry point.” Market Overreacts? Dollarama’s 10% Post‑Earnings Drop Looks Like a Golden Entry Point
- Positive Sentiment: Some analysts still maintain buy/outperform stances with meaningful upside despite cuts (e.g., TD keeps a buy at C$225, CIBC upgraded to outperform with a ~C$202 target), supporting buy‑the‑dip flows. Analyst Rating Changes (BayStreet.CA)
- Neutral Sentiment: Analyst views are mixed overall — many firms trimmed price targets (Scotiabank, BMO, UBS, Canaccord, etc.) but several retained positive ratings; the revisions compress but do not eliminate upside scenarios. Analyst Notes (TickerReport)
- Negative Sentiment: Management guided to slower annual sales growth and flagged a softer same‑store sales environment — investors are worried demand among value shoppers is cooling, which reduces conviction on faster top‑line growth. Dollarama forecasts annual sales largely below estimates (BNN)
- Negative Sentiment: CEO said Dollarama will only pass through price increases “where absolutely necessary,” signaling limited pricing power ahead — this, plus a same‑store sales miss, drove the initial sell‑off. CEO pricing comments
- Negative Sentiment: Market reaction included a sharp drop after the print and heightened volume as investors repriced growth expectations — the cluster of downgrades and lowered targets amplified downside pressure. Coverage on outlook and investor reaction (Globe & Mail)
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.
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