Brokers Offer Predictions for TSE:DBM Q2 Earnings

Doman Building Materials Group Ltd. (TSE:DBM - Free Report) - Equities researchers at National Bank Financial boosted their Q2 2025 earnings estimates for shares of Doman Building Materials Group in a report issued on Wednesday, June 25th. National Bank Financial analyst Z. Evershed now forecasts that the company will earn $0.24 per share for the quarter, up from their prior forecast of $0.23. 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 issued reports on the stock. CIBC lowered shares of Doman Building Materials Group from an "outperform" rating to a "neutral" rating and set a C$7.50 target price on the stock. in a report on Tuesday, April 22nd. Royal Bank Of Canada dropped 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 report on Tuesday, April 22nd. Cibc World Mkts downgraded shares of Doman Building Materials Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 22nd. Canaccord Genuity Group dropped their price objective on shares of Doman Building Materials Group from C$11.00 to C$10.00 in a research report on Monday, May 12th. Finally, Stifel Nicolaus increased their price objective on shares of Doman Building Materials Group from C$8.00 to C$9.00 in a research report on Monday, May 12th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$10.13.

Doman Building Materials Group Stock Down 0.5%

Doman Building Materials Group stock traded down C$0.04 during mid-day trading on Friday, reaching C$8.72. 81,719 shares of the company's stock were exchanged, compared to its average volume of 205,695. The company has a market cap of C$762.12 million, a P/E ratio of 13.48 and a beta of 1.53. Doman Building Materials Group has a twelve month low of C$6.30 and a twelve month high of C$9.96. The company has a quick ratio of 1.11, a current ratio of 2.94 and a debt-to-equity ratio of 112.91. The company has a fifty day moving average of C$8.10 and a 200-day moving average of C$7.76.

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.