Doman Building Materials Group (TSE:DBM – Get Free Report) released its quarterly earnings results on Friday. The company reported C$0.23 EPS for the quarter, FiscalAI reports. The company had revenue of C$841.66 million for the quarter. Doman Building Materials Group had a net margin of 2.71% and a return on equity of 12.64%.
Doman Building Materials Group Trading Down 0.3%
TSE DBM opened at C$10.10 on Friday. The company has a quick ratio of 1.11, a current ratio of 3.27 and a debt-to-equity ratio of 153.48. Doman Building Materials Group has a 52 week low of C$8.63 and a 52 week high of C$11.99. The company has a 50 day moving average price of C$10.60 and a 200 day moving average price of C$10.55. The firm has a market cap of C$887.73 million, a PE ratio of 10.52 and a beta of 1.47.
Analysts Set New Price Targets
DBM has been the topic of several analyst reports. Raymond James Financial raised their target price on Doman Building Materials Group from C$12.00 to C$12.50 and gave the company an “outperform” rating in a report on Thursday, August 6th. National Bank Financial boosted their price target on Doman Building Materials Group from C$13.50 to C$14.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Five analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$12.65.
Check Out Our Latest Analysis on DBM
About Doman Building Materials Group
Founded in 1989, Doman is headquartered in Vancouver, British Columbia, and trades on the Toronto Stock Exchange under the symbol DBM. As Canadas premier national distributor in the building materials and related products sector, Doman operates several distinct divisions with multiple treating plants, planing and specialty facilities and distribution centres coast-to-coast in all major cities across Canada and coast-to-coast across the United States. Strategically located across Canada, Doman Building Materials Canada operates distribution centres coast-to-coast, and Doman Treated Wood Canada operates multiple treating plants near major cities.
Recommended Stories
- Five stocks we like better than Doman Building Materials Group
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
- MarketBeat Week in Review – 11/2 – 11/6
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
Receive News & Ratings for Doman Building Materials Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Doman Building Materials Group and related companies with MarketBeat.com's FREE daily email newsletter.
