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

Key Points

• Brokerage consensus: Ten analysts rate Dollarama a "Moderate Buy" (7 buy, 2 hold, 1 strong buy) with an average 12‑month price target of C$203.69.
• Recent analyst moves: Stifel upgraded to a buy and raised its target to C$190, while National Bank, Scotiabank, BMO and UBS trimmed targets to C$198, C$200, C$210 and C$191 respectively.
• Financials & dividend: Shares opened at C$172.93 with a market cap of ~C$47.2B and a P/E of 36.6; last quarter EPS was C$1.43, and the company declared a quarterly dividend of $0.12 (annualized $0.48) with ex‑dividend Apr 17 and payable May 8.

Dollarama Inc. (TSE:DOL - Get Free Report) has been given an average recommendation of "Moderate Buy" by the ten brokerages that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$203.69.

Several equities analysts have recently commented on DOL shares. Stifel Nicolaus raised shares of Dollarama from a "hold" rating to a "buy" rating and upped their price objective for the company from C$180.00 to C$190.00 in a research note on Tuesday. National Bank Financial lowered their price objective on shares of Dollarama from C$225.00 to C$198.00 and set an "outperform" rating for the company in a research note on Wednesday, March 25th. Scotiabank dropped their price objective on Dollarama from C$220.00 to C$200.00 in a report on Wednesday, March 25th. BMO Capital Markets dropped their price objective on Dollarama from C$222.00 to C$210.00 in a report on Wednesday, March 25th. Finally, UBS Group dropped their price objective on Dollarama from C$210.00 to C$191.00 in a report on Wednesday, March 25th.

Dollarama Stock Performance

TSE DOL opened at C$172.93 on Wednesday. The company has a 50-day simple moving average of C$181.91 and a two-hundred day simple moving average of C$189.91. The company has a quick ratio of 0.08, a current ratio of 1.13 and a debt-to-equity ratio of 370.61. Dollarama has a 12-month low of C$160.39 and a 12-month high of C$209.96. The firm has a market cap of C$47.16 billion, a price-to-earnings ratio of 36.56, a PEG ratio of 1.93 and a beta of 0.40.

Dollarama (TSE:DOL - Get Free Report) last posted its quarterly earnings results on Tuesday, March 24th. The company reported C$1.43 earnings per share (EPS) for the quarter. Dollarama had a net margin of 18.05% and a return on equity of 94.71%. The business had revenue of C$2.10 billion during the quarter. On average, equities analysts forecast that Dollarama will post 5.3295203 EPS for the current year.

Dollarama Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, May 8th will be issued a $0.12 dividend. The ex-dividend date is Friday, April 17th. This represents a $0.48 annualized dividend and a yield of 0.3%. Dollarama's dividend payout ratio (DPR) is 8.95%.

Dollarama Company Profile

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.

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