Dollarama (OTCMKTS:DLMAF) Issues Earnings Results

Dollarama (OTCMKTS:DLMAF) released its quarterly earnings results on Tuesday. The company reported $1.03 EPS for the quarter, meeting the consensus estimate of $1.03, Zacks reports. Dollarama had a net margin of 18.61% and a return on equity of 98.93%.

Dollarama Stock Performance

Shares of OTCMKTS DLMAF opened at $122.81 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 0.23 and a debt-to-equity ratio of 3.55. Dollarama has a 12 month low of $103.70 and a 12 month high of $160.86. The company has a 50 day simple moving average of $140.86 and a two-hundred day simple moving average of $139.03. The stock has a market cap of $33.52 billion and a price-to-earnings ratio of 146.20.

Analysts Set New Price Targets

DLMAF has been the subject of a number of analyst reports. Scotiabank reissued an “outperform” rating on shares of Dollarama in a research report on Friday, December 12th. National Bank Financial reissued an “outperform” rating on shares of Dollarama in a research report on Thursday, December 4th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Zacks Research raised Dollarama to a “hold” rating in a research report on Monday, March 16th. Finally, Royal Bank Of Canada upgraded Dollarama to a “moderate buy” rating in a research note on Monday, March 16th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Dollarama currently has a consensus rating of “Moderate Buy”.

About Dollarama

Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.

Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.