Shares of Dollarama Inc. (TSE:DOL - Get Free Report) have been given a consensus recommendation of "Hold" by the twelve ratings firms that are covering the company, Marketbeat reports. Seven investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$145.17.
A number of brokerages recently commented on DOL. Stifel Nicolaus raised their price target on Dollarama from C$136.00 to C$140.00 in a research report on Thursday, December 5th. Canaccord Genuity Group raised their target price on shares of Dollarama from C$138.00 to C$140.00 and gave the company a "hold" rating in a report on Thursday, November 28th. CIBC upped their price target on shares of Dollarama from C$138.00 to C$145.00 in a report on Thursday, December 5th. TD Securities increased their price target on shares of Dollarama from C$154.00 to C$160.00 in a research report on Thursday, December 5th. Finally, Desjardins boosted their price objective on shares of Dollarama from C$147.00 to C$150.00 and gave the company a "buy" rating in a research report on Tuesday, December 3rd.
Check Out Our Latest Analysis on DOL
Insider Activity at Dollarama
In related news, Director Stephen Gunn sold 54,950 shares of the business's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of C$141.57, for a total value of C$7,779,271.50. Also, Director Nicolas Hien sold 9,000 shares of the firm's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$139.60, for a total transaction of C$1,256,386.50. 2.23% of the stock is owned by insiders.
Dollarama Stock Performance
Shares of DOL traded up C$0.45 during mid-day trading on Thursday, reaching C$133.34. The company's stock had a trading volume of 719,353 shares, compared to its average volume of 668,718. The company has a current ratio of 1.99, a quick ratio of 0.08 and a debt-to-equity ratio of 391.24. The stock has a market cap of C$37.57 billion, a P/E ratio of 34.54, a PEG ratio of 1.93 and a beta of 0.56. Dollarama has a 1-year low of C$97.80 and a 1-year high of C$152.97. The business has a 50-day simple moving average of C$141.90 and a two-hundred day simple moving average of C$137.53.
Dollarama Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, February 7th will be paid a $0.092 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date is Friday, January 10th. Dollarama's dividend payout ratio (DPR) is 9.59%.
Dollarama Company Profile
(
Get Free ReportDollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.
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