FY2025 EPS Estimates for TSE:DBM Reduced by Analyst

Key Points

• Raymond James Financial has revised its FY2025 earnings per share estimate for Doman Building Materials Group from $1.01 to $0.85.
• Despite the earnings downgrade, analysts maintain a "Strong-Buy" rating with a target price increase to $11.00.
• Doman Building Materials Group's current consensus rating is "Moderate Buy" with a price target of C$10.07.

Doman Building Materials Group Ltd. (TSE:DBM - Free Report) - Analysts at Raymond James Financial decreased their FY2025 earnings per share estimates for Doman Building Materials Group in a report issued on Thursday, October 2nd. Raymond James Financial analyst D. Swetlishoff now forecasts that the company will earn $0.85 per share for the year, down from their previous forecast of $1.01. Raymond James Financial currently has a "Strong-Buy" rating and a $11.00 target price on the stock. The consensus estimate for Doman Building Materials Group's current full-year earnings is $0.81 per share. Raymond James Financial also issued estimates for Doman Building Materials Group's FY2026 earnings at $1.06 EPS.

Separately, TD Securities lifted their target price on Doman Building Materials Group from C$10.00 to C$11.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$10.07.

Doman Building Materials Group Trading Up 0.1%

Shares of DBM opened at C$9.06 on Monday. The company has a quick ratio of 1.11, a current ratio of 2.94 and a debt-to-equity ratio of 112.91. Doman Building Materials Group has a 12-month low of C$6.30 and a 12-month high of C$10.04. The stock's fifty day simple moving average is C$9.45 and its 200-day simple moving average is C$8.44. The firm has a market capitalization of C$793.94 million, a PE ratio of 10.66 and a beta of 1.32.

Doman Building Materials Group Company Profile

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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