Dollarama Inc. Expected to Earn Q4 2024 Earnings of $1.05 Per Share (TSE:DOL)

Dollarama Inc. (TSE:DOL - Free Report) - Equities research analysts at Desjardins boosted their Q4 2024 earnings estimates for Dollarama in a research report issued on Monday, April 1st. Desjardins analyst C. Li now anticipates that the company will post earnings per share of $1.05 for the quarter, up from their previous estimate of $1.00. The consensus estimate for Dollarama's current full-year earnings is $4.38 per share.

Other equities research analysts have also recently issued reports about the stock. Wells Fargo & Company dropped their price target on shares of Dollarama from C$110.00 to C$105.00 in a research report on Thursday, January 4th. Stifel Canada cut shares of Dollarama from a "buy" rating to a "hold" rating in a research report on Wednesday, December 13th. Canaccord Genuity Group lifted their price target on shares of Dollarama from C$98.00 to C$100.00 in a research report on Monday. National Bankshares lifted their price target on shares of Dollarama from C$108.00 to C$112.00 in a research report on Wednesday, March 13th. Finally, National Bank Financial upgraded shares of Dollarama from a "sector perform market weight" rating to an "outperform market weight" rating in a report on Wednesday, March 13th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Dollarama currently has an average rating of "Hold" and an average target price of C$102.36.

Dollarama Trading Up 10.0 %

Shares of DOL traded up C$10.01 during trading on Thursday, reaching C$110.37. 1,537,419 shares of the company traded hands, compared to its average volume of 479,563. Dollarama has a twelve month low of C$80.81 and a twelve month high of C$110.93. The stock has a market cap of C$31.04 billion, a PE ratio of 32.47, a price-to-earnings-growth ratio of 1.93 and a beta of 0.57. The stock has a 50-day simple moving average of C$102.75 and a 200-day simple moving average of C$98.54. The company has a quick ratio of 0.08, a current ratio of 1.51 and a debt-to-equity ratio of 1,477.71.

Dollarama Company Profile

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.