Dollarama Inc. (OTCMKTS:DLMAF) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Dollarama Inc. (OTCMKTS:DLMAF) have earned a consensus rating of “Buy” from the thirteen brokerages that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and four have given a strong buy recommendation to the company.

A number of equities analysts have recently commented on DLMAF shares. Scotiabank reiterated an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. BMO Capital Markets restated an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Finally, Stifel Nicolaus raised Dollarama from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th.

Dollarama Stock Performance

Shares of DLMAF opened at $129.17 on Tuesday. The company has a market capitalization of $34.96 billion and a PE ratio of 48.93. Dollarama has a one year low of $112.41 and a one year high of $160.86. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.57 and a quick ratio of 0.70. The company’s fifty day moving average price is $131.28 and its 200 day moving average price is $133.91.

Dollarama (OTCMKTS:DLMAF) last released its earnings results on Thursday, June 11th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.05. Dollarama had a net margin of 17.65% and a return on equity of 94.77%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.34 billion. As a group, analysts expect that Dollarama will post 3.65 earnings per share for the current year.

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.