Doman Building Materials Group (TSE:DBM - Get Free Report) had its price target lowered by equities researchers at Raymond James from C$10.75 to C$9.75 in a research note issued on Monday, BayStreet.CA reports. The firm currently has a "strong-buy" rating on the stock. Raymond James' price target suggests a potential upside of 32.29% from the company's current price.
DBM has been the subject of several other reports. National Bankshares raised their price objective on shares of Doman Building Materials Group from C$10.00 to C$10.50 and gave the stock an "outperform" rating in a report on Monday. Stifel Nicolaus increased their price target on shares of Doman Building Materials Group from C$9.25 to C$11.00 and gave the stock a "buy" rating in a report on Tuesday, March 5th. Finally, Canaccord Genuity Group increased their target price on shares of Doman Building Materials Group from C$9.00 to C$10.00 in a research note on Monday, March 11th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Doman Building Materials Group currently has an average rating of "Buy" and an average target price of C$10.21.
Read Our Latest Analysis on DBM
Doman Building Materials Group Stock Performance
Shares of DBM traded down C$0.14 during mid-day trading on Monday, hitting C$7.37. The stock had a trading volume of 529,747 shares, compared to its average volume of 161,864. Doman Building Materials Group has a 52 week low of C$6.08 and a 52 week high of C$8.64. The company has a debt-to-equity ratio of 116.54, a current ratio of 1.56 and a quick ratio of 1.11. The business has a fifty day moving average price of C$8.04 and a 200-day moving average price of C$7.75. The firm has a market cap of C$642.22 million, a P/E ratio of 8.47 and a beta of 1.57.
Doman Building Materials Group (TSE:DBM - Get Free Report) last announced its quarterly earnings data on Thursday, May 9th. The company reported C$0.16 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of C$0.16. The business had revenue of C$602.48 million for the quarter, compared to analysts' expectations of C$665.05 million. Doman Building Materials Group had a return on equity of 13.18% and a net margin of 3.04%. On average, equities research analysts expect that Doman Building Materials Group will post 0.7904016 EPS for the current year.
About Doman Building Materials Group
(
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Doman Building Materials Group Ltd., through its subsidiaries, engages in the wholesale distribution of building materials and home renovation products in the United States and Canada. The company offers treated wood; siding and trim; decking and aluminum railing; engineered wood products; roofing products; insulation and wrap products; and lumber and plywood products.
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