Dollarama (OTCMKTS:DLMAF - Get Free Report) was upgraded by Stifel Nicolaus from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Tuesday,Zacks.com reports.
A number of other analysts have also recently weighed in on DLMAF. Jefferies Financial Group raised shares of Dollarama to a "strong-buy" rating in a research note on Wednesday, March 25th. UBS Group raised shares of Dollarama to a "hold" rating in a research note on Wednesday, March 25th. TD Securities raised shares of Dollarama to a "strong-buy" rating in a research note on Wednesday, March 25th. Wells Fargo & Company raised shares of Dollarama to a "hold" rating in a research note on Tuesday, March 24th. Finally, Zacks Research raised shares of Dollarama to a "hold" rating in a research note on Monday, March 16th. Seven research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy".
Read Our Latest Analysis on Dollarama
Dollarama Stock Performance
OTCMKTS DLMAF opened at $127.19 on Tuesday. The stock has a market cap of $34.69 billion and a P/E ratio of 68.02. The company's 50-day simple moving average is $132.46 and its 200 day simple moving average is $137.64. Dollarama has a twelve month low of $112.41 and a twelve month high of $160.86. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 3.17.
Dollarama (OTCMKTS:DLMAF - Get Free Report) last posted its earnings results on Tuesday, March 24th. The company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.01. The business had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.52 billion. Dollarama had a net margin of 18.05% and a return on equity of 94.85%. As a group, research analysts forecast that Dollarama will post 3.71 earnings per share for the current fiscal year.
About Dollarama
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
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 Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply click the link below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
