Doman Building Materials Group Ltd. (TSE:DBM - Free Report) - Research analysts at Stifel Canada increased their FY2025 earnings estimates for shares of Doman Building Materials Group in a research note issued to investors on Tuesday, July 15th. Stifel Canada analyst I. Gillies now expects that the company will earn $0.78 per share for the year, up from their previous forecast of $0.68. The consensus estimate for Doman Building Materials Group's current full-year earnings is $0.81 per share.
A number of other equities research analysts have also recently commented on DBM. Canaccord Genuity Group lowered their price objective on shares of Doman Building Materials Group from C$11.00 to C$10.00 in a research note on Monday, May 12th. CIBC cut shares of Doman Building Materials Group from an "outperform" rating to a "neutral" rating and set a C$7.50 price objective on the stock. in a research note on Tuesday, April 22nd. Cibc World Mkts cut shares of Doman Building Materials Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 22nd. Stifel Nicolaus increased their price objective on shares of Doman Building Materials Group from C$8.00 to C$9.00 in a research note on Monday, May 12th. Finally, Royal Bank Of Canada lowered their price objective on shares of Doman Building Materials Group from C$11.00 to C$10.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Doman Building Materials Group currently has a consensus rating of "Moderate Buy" and an average target price of C$10.13.
Read Our Latest Stock Analysis on DBM
Doman Building Materials Group Price Performance
Shares of TSE:DBM traded down C$0.02 on Thursday, reaching C$8.66. 42,241 shares of the company were exchanged, compared to its average volume of 195,047. The company has a current ratio of 2.94, a quick ratio of 1.11 and a debt-to-equity ratio of 112.91. Doman Building Materials Group has a 1-year low of C$6.30 and a 1-year high of C$9.96. The firm has a market cap of C$756.88 million, a price-to-earnings ratio of 13.38 and a beta of 1.53. The company has a 50-day moving average of C$8.58 and a 200-day moving average of C$7.76.
About Doman Building Materials Group
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Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns.
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