Dollarama (TSE:DOL) Stock: Insider Mark Di Pesa Sells 6,095 Shares

Key Points

• Insider Mark Di Pesa sold 6,095 Dollarama shares at an average C$205.93, for proceeds of about C$1.26 million; the transaction reduced his reported position by 79.61%.
• Dollarama reported quarterly EPS of C$1.29 and revenue of C$2.03 billion. It also paid a quarterly dividend of C$0.12 per share, equivalent to a 0.2% annualized yield.
• Analysts’ consensus rating was “Moderate Buy”, with an average price target of C$216.06; the shares traded at C$215.49 on Friday after falling 1.5%.

Dollarama Inc. (TSE:DOL - Get Free Report) insider Mark Di Pesa sold 6,095 shares of the company's stock in a transaction on Thursday, October 29th. The shares were sold at an average price of C$205.93, for a total transaction of C$1,255,143.35. Following the sale, the insider owned 1,561 shares of the company's stock, valued at C$321,456.73. The trade was a 79.61% decrease in their position.

Mark Di Pesa also recently made the following trade(s):

• On Thursday, October 29th, Mark Di Pesa sold 1,561 shares of Dollarama stock. The shares were sold at an average price of C$205.00, for a total value of C$320,005.00.

Dollarama Trading Down 1.5%

Shares of TSE:DOL traded down C$3.21 during midday trading on Friday, hitting C$215.49. The company had a trading volume of 654,550 shares, compared to its average volume of 705,916. Dollarama Inc. has a 12 month low of C$163.25 and a 12 month high of C$222.17. The company has a current ratio of 1.55, a quick ratio of 0.08 and a debt-to-equity ratio of 399.63. The stock has a market cap of C$57.83 billion, a price-to-earnings ratio of 43.27, a PEG ratio of 1.93 and a beta of 0.38. The firm has a fifty day simple moving average of C$189.57 and a 200 day simple moving average of C$185.68.

Dollarama (TSE:DOL - Get Free Report) last announced its quarterly earnings data on Wednesday, September 16th. The company reported C$1.29 EPS for the quarter. Dollarama had a return on equity of 97.52% and a net margin of 17.32%. The business had revenue of C$2.03 billion during the quarter. On average, analysts predict that Dollarama Inc. will post 5.33 EPS for the current year.

Dollarama Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 6th. Stockholders of record on Friday, November 6th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, October 9th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Dollarama's dividend payout ratio is 9.07%.

Analysts Set New Price Targets

Several research firms recently weighed in on DOL. Desjardins reduced their price objective on shares of Dollarama from C$215.00 to C$210.00 and set a "buy" rating on the stock in a research note on Thursday, September 17th. Ventum Capital upped their target price on shares of Dollarama from C$225.00 to C$231.00 and gave the company a "buy" rating in a research note on Wednesday, October 21st. TD cut their target price on shares of Dollarama from C$227.00 to C$217.00 and set a "buy" rating on the stock in a report on Thursday, September 17th. Ventum Financial set a C$225.00 price target on shares of Dollarama and gave the stock a "buy" rating in a research report on Tuesday, September 8th. Finally, Scotiabank decreased their price target on shares of Dollarama from C$220.00 to C$210.00 in a report on Monday, September 21st. Eleven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Dollarama has an average rating of "Moderate Buy" and an average price target of C$216.06.

About Dollarama

Founded in 1992 and headquartered in Montreal, Quebec, Canada, Dollarama TSX: DOL is a leading Canadian value retailer with international reach with more than 2,900 conveniently located stores and over 43,000 people serving customers in seven countries on three continents. In every market where it operates, Dollarama aims to provide compelling value at select low fixed price points and convenient access to a wide assortment of affordable everyday and seasonal merchandise that appeals to a broad customer base.

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