Dollarama Inc. (OTCMKTS:DLMAF) Receives Consensus Rating of “Buy” from Analysts

Shares of Dollarama Inc. (OTCMKTS:DLMAF) have been assigned an average recommendation of “Buy” from the eight research firms that are presently covering the company, MarketBeat reports. Eight analysts have rated the stock with a buy recommendation.

A number of research firms recently issued reports on DLMAF. CIBC restated an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. TD Securities reissued 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 report on Friday, November 28th. National Bankshares reaffirmed an “outperform” rating on shares of Dollarama in a research note on Thursday, December 4th. Finally, Scotiabank reissued an “outperform” rating on shares of Dollarama in a research report on Friday, December 12th.

Dollarama Stock Performance

Shares of OTCMKTS:DLMAF opened at $138.91 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.23 and a debt-to-equity ratio of 3.55. Dollarama has a 12 month low of $92.14 and a 12 month high of $160.86. The company has a market capitalization of $38.03 billion and a price-to-earnings ratio of 165.37. The firm’s 50-day moving average is $144.78 and its 200 day moving average is $138.18.

Dollarama (OTCMKTS:DLMAF) last announced its earnings results on Thursday, December 11th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.05. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.35 billion. Dollarama had a return on equity of 98.93% and a net margin of 18.61%.

About Dollarama

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.