Dollarama Inc. (TSE:DOL) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Dollarama Inc. (TSE:DOL - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the eleven analysts that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$139.55.

A number of research analysts have commented on DOL shares. BMO Capital Markets upped their price target on Dollarama from C$138.00 to C$147.00 in a research note on Thursday, September 12th. CIBC increased their target price on Dollarama from C$128.00 to C$138.00 in a research note on Thursday, September 12th. National Bankshares lifted their target price on Dollarama from C$141.00 to C$143.00 in a research report on Thursday, September 12th. Royal Bank of Canada increased their price target on shares of Dollarama from C$144.00 to C$147.00 in a research report on Thursday, September 12th. Finally, Desjardins lifted their price objective on shares of Dollarama from C$143.00 to C$147.00 and gave the company a "buy" rating in a report on Tuesday, October 15th.

Insider Buying and Selling

In other news, Senior Officer Mark Di Pesa sold 530 shares of the business's stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of C$143.47, for a total value of C$76,039.10. In related news, Director Nicolas Hien sold 5,167 shares of the firm's stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of C$135.18, for a total value of C$698,490.04. Also, Senior Officer Mark Di Pesa sold 530 shares of the business's stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of C$143.47, for a total value of C$76,039.10. Insiders have sold a total of 7,697 shares of company stock valued at $1,049,979 over the last quarter. 2.23% of the stock is currently owned by insiders.

Dollarama Trading Up 1.1 %

Shares of DOL traded up C$1.60 during mid-day trading on Friday, reaching C$146.49. The stock had a trading volume of 506,720 shares, compared to its average volume of 565,722. Dollarama has a 52-week low of C$89.93 and a 52-week high of C$149.62. The firm has a market cap of C$41.28 billion, a price-to-earnings ratio of 37.95, a P/E/G ratio of 1.93 and a beta of 0.56. The business's fifty day moving average is C$138.02 and its 200 day moving average is C$129.21. The company has a debt-to-equity ratio of 391.24, a current ratio of 1.99 and a quick ratio of 0.08.

Dollarama (TSE:DOL - Get Free Report) last released its quarterly earnings data on Wednesday, September 11th. The company reported C$1.02 EPS for the quarter, beating analysts' consensus estimates of C$0.96 by C$0.06. The firm had revenue of C$1.56 billion for the quarter, compared to analysts' expectations of C$1.57 billion. Dollarama had a return on equity of 156.46% and a net margin of 17.85%. On average, sell-side analysts predict that Dollarama will post 5.3295203 EPS for the current fiscal year.

Dollarama Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Friday, November 1st were issued a $0.092 dividend. The ex-dividend date was Friday, October 4th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.25%. Dollarama's payout ratio is 9.59%.

Dollarama Company Profile

Dollarama 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.