Dollarama (TSE:DOL – Free Report) had its target price cut by TD Securities from C$235.00 to C$225.00 in a research report released on Wednesday morning,BayStreet.CA reports. They currently have a buy rating on the stock.
Several other analysts also recently issued reports on the stock. National Bank Financial cut their target price on shares of Dollarama from C$226.00 to C$225.00 and set an “outperform” rating on the stock in a research note on Friday, March 6th. Desjardins set a C$218.00 target price on Dollarama and gave the stock a “buy” rating in a research report on Monday, March 16th. Scotiabank lifted their price target on Dollarama from C$205.00 to C$220.00 and gave the company an “outperform” rating in a report on Friday, December 12th. BMO Capital Markets upped their price target on Dollarama from C$215.00 to C$222.00 in a research report on Wednesday, December 3rd. Finally, Canaccord Genuity Group reduced their price objective on Dollarama from C$207.00 to C$187.00 in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$202.92.
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Dollarama Price Performance
Dollarama (TSE:DOL – Get Free Report) last released its earnings results on Tuesday, March 24th. The company reported C$1.43 earnings per share for the quarter. Dollarama had a net margin of 18.05% and a return on equity of 94.71%. The business had revenue of C$2.10 billion for the quarter. On average, analysts forecast that Dollarama will post 5.3295203 earnings per share for the current year.
Trending Headlines about Dollarama
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)
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.
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