Dollarama (TSE:DOL – Free Report) had its price target reduced by Scotiabank from C$220.00 to C$200.00 in a report issued on Wednesday,BayStreet.CA reports.
DOL has been the subject of a number of other reports. Canadian Imperial Bank of Commerce upgraded Dollarama from a “neutral” rating to an “outperform” rating and lowered their price target for the stock from C$212.00 to C$202.00 in a research report on Wednesday. BMO Capital Markets reduced their target price on shares of Dollarama from C$222.00 to C$210.00 in a research note on Wednesday. National Bank Financial lowered their target price on shares of Dollarama from C$225.00 to C$198.00 and set an “outperform” rating for the company in a report on Wednesday. Canaccord Genuity Group dropped their price target on shares of Dollarama from C$207.00 to C$187.00 in a research note on Wednesday. Finally, UBS Group cut their price target on shares of Dollarama from C$210.00 to C$191.00 in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$202.92.
Check Out Our Latest Analysis on Dollarama
Dollarama Trading Up 2.0%
Dollarama (TSE:DOL – Get Free Report) last announced its earnings results on Tuesday, March 24th. The company reported C$1.43 EPS for the quarter. The firm had revenue of C$2.10 billion during the quarter. Dollarama had a return on equity of 94.71% and a net margin of 18.05%. Research analysts predict that Dollarama will post 5.3295203 earnings per share for the current year.
Key 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)
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.
Read More
Receive News & Ratings for Dollarama Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollarama and related companies with MarketBeat.com's FREE daily email newsletter.
