Dollarama (TSE:DOL – Get Free Report) was upgraded by analysts at Canadian Imperial Bank of Commerce from a “neutral” rating to an “outperform” rating in a report released on Wednesday,BayStreet.CA reports. The brokerage currently has a C$202.00 price target on the stock, down from their previous price target of C$212.00. Canadian Imperial Bank of Commerce’s price target points to a potential upside of 17.05% from the company’s previous close.
A number of other research analysts have also recently issued reports on the stock. Desjardins reduced their price objective on shares of Dollarama from C$218.00 to C$205.00 and set a “buy” rating for the company in a report on Wednesday. UBS Group dropped their price target on shares of Dollarama from C$210.00 to C$191.00 in a research report on Wednesday. BMO Capital Markets increased their price objective on Dollarama from C$215.00 to C$222.00 in a research note on Wednesday, December 3rd. National Bank Financial dropped their target price on Dollarama from C$225.00 to C$198.00 and set an “outperform” rating on the stock in a report on Wednesday. Finally, Sanford C. Bernstein lifted their target price on Dollarama from C$223.00 to C$232.00 in a research report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$202.92.
View Our Latest Report on Dollarama
Dollarama Stock Up 2.3%
Dollarama (TSE:DOL – Get Free Report) last posted its quarterly earnings results on Tuesday, March 24th. The company reported C$1.43 earnings per share (EPS) for the quarter. The business had revenue of C$2.10 billion during the quarter. Dollarama had a net margin of 18.59% and a return on equity of 99.41%. Research analysts anticipate that Dollarama will post 5.3295203 earnings per share for the current fiscal year.
Key Dollarama News
Here are the key news stories impacting Dollarama this week:
- Positive Sentiment: Strong quarterly profitability — Q4 EPS of C$1.43 and C$2.10B in revenue, with rising profit margins and high ROE, reinforce Dollarama’s cash generation and margin resilience. MarketBeat Earnings
- Positive Sentiment: Higher basket size offset weaker traffic in Q4, showing customer spend per trip rose — supports near‑term earnings despite softer footfall. MarketWatch: 4Q Profit
- Neutral Sentiment: Conference‑call and slide deck available — management detailed results and drivers, useful for assessing whether cost control and assortments can sustain margins under slower top‑line growth. Yahoo Finance: Call Highlights
- Negative Sentiment: Management guided annual sales largely below Street estimates and said global outlooks are “cautious,” which directly pressures growth expectations and future valuation multiples. BNNBloomberg: Forecasts Below Estimates
- Negative Sentiment: Same‑store sales missed expectations, prompting headlines that the stock was pressured after the print — investors worry this signals cooling demand among value shoppers. BNNBloomberg: Same‑Store Sales Miss
- Negative Sentiment: CEO says price increases will be passed to customers only “where absolutely necessary,” signaling management’s reluctance to fully offset cost pressures via pricing — could limit margin upside if input costs rise. Pique News
- Negative Sentiment: Market reaction included an initial sharp drop despite the strong profit print, underscoring that guidance and traffic trends drove the dominant investor response. Blockonomi: Stock Drop Coverage
Dollarama Company Profile
Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.
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