Dollarama (OTCMKTS:DLMAF – Get Free Report) is expected to be posting its results before the market opens on Wednesday, September 16th. Analysts expect Dollarama to post earnings of $0.91 per share and revenue of $1.4420 billion for the quarter.
Dollarama Stock Up 0.5%
Dollarama stock opened at $121.07 on Tuesday. The firm has a market capitalization of $32.55 billion and a price-to-earnings ratio of 45.86. The company’s 50 day simple moving average is $131.83 and its 200 day simple moving average is $131.44. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.57 and a quick ratio of 0.70. Dollarama has a fifty-two week low of $112.41 and a fifty-two week high of $160.86.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on DLMAF shares. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Ventum Financial upgraded Dollarama to a “strong-buy” rating in a report on Thursday, August 20th. Scotiabank restated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Five research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy”.
About Dollarama
Dollarama Inc is a Canadian value retailer that operates a chain of stores offering a broad assortment of everyday consumer products at fixed, low price points. Its merchandise includes general merchandise, household supplies, seasonal items, toys, stationery, party goods, hardware, kitchen products, and select food and convenience products.
Founded in 1992, Dollarama has expanded into one of Canada’s largest discount-store networks, serving communities across the country through stores in all provinces and territories.
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