Dollarama Inc. (TSE:DOL - Get Free Report) has received an average rating of "Hold" from the twelve research firms that are presently covering the company, MarketBeat reports. Seven research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$145.17.
Several research analysts have recently weighed in on DOL shares. TD Securities upped their price target on shares of Dollarama from C$154.00 to C$160.00 in a report on Thursday, December 5th. National Bank Financial downgraded Dollarama from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. BMO Capital Markets lifted their target price on Dollarama from C$147.00 to C$154.00 in a report on Friday, November 22nd. CIBC lifted their target price on Dollarama from C$138.00 to C$145.00 in a report on Thursday, December 5th. Finally, Royal Bank of Canada dropped their price target on Dollarama from C$160.00 to C$159.00 in a research note on Thursday, December 5th.
Get Our Latest Research Report on Dollarama
Insider Transactions at Dollarama
In other news, Director Stephen Gunn sold 54,950 shares of the business's stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of C$141.57, for a total transaction of C$7,779,271.50. Also, Director Nicolas Hien sold 9,000 shares of the business's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$139.60, for a total value of C$1,256,386.50. Company insiders own 2.23% of the company's stock.
Dollarama Price Performance
TSE:DOL traded down C$1.41 on Thursday, reaching C$132.89. The stock had a trading volume of 1,107,310 shares, compared to its average volume of 664,115. The company has a market capitalization of C$37.45 billion, a P/E ratio of 34.43, a price-to-earnings-growth 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 company has a quick ratio of 0.08, a current ratio of 1.99 and a debt-to-equity ratio of 391.24. The stock has a fifty day moving average price of C$142.59 and a 200-day moving average price of C$137.50.
Dollarama Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, February 7th will be given a $0.092 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date of this dividend is Friday, January 10th. Dollarama's dividend payout ratio is presently 9.59%.
About Dollarama
(
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.
Recommended Stories
Before you consider Dollarama, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dollarama wasn't on the list.
While Dollarama currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
