Dollarama Inc. (TSE:DOL) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Dollarama Inc. (TSE:DOL) have received an average rating of “Moderate Buy” from the eleven research firms that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$139.18.

Several brokerages have recently commented on DOL. National Bankshares upped their price objective on shares of Dollarama from C$141.00 to C$143.00 in a research note on Thursday, September 12th. Desjardins boosted their price target on shares of Dollarama from C$140.00 to C$143.00 in a research report on Thursday, September 12th. Royal Bank of Canada boosted their price target on shares of Dollarama from C$144.00 to C$147.00 in a research report on Thursday, September 12th. BMO Capital Markets boosted their price target on shares of Dollarama from C$138.00 to C$147.00 in a research report on Thursday, September 12th. Finally, Cfra upgraded shares of Dollarama from a “hold” rating to a “buy” rating and boosted their price target for the company from C$130.00 to C$155.00 in a research report on Thursday, September 12th.

Dollarama Stock Performance

Shares of TSE:DOL opened at C$144.03 on Tuesday. The company has a market cap of C$40.58 billion, a price-to-earnings ratio of 37.31, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56. The company has a 50-day moving average price of C$134.03 and a 200-day moving average price of C$125.32. The company has a current ratio of 1.99, a quick ratio of 0.08 and a debt-to-equity ratio of 391.24. Dollarama has a 12 month low of C$89.93 and a 12 month high of C$144.62.

Dollarama (TSE:DOL) last issued its quarterly earnings data on Wednesday, September 11th. The company reported C$1.02 EPS for the quarter, beating the consensus estimate of C$0.96 by C$0.06. The firm had revenue of C$1.56 billion during the quarter, compared to the consensus estimate of C$1.57 billion. Dollarama had a net margin of 17.85% and a return on equity of 156.46%. As a group, equities analysts anticipate that Dollarama will post 5.296851 EPS for the current year.

Dollarama Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, November 1st will be issued a $0.092 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Friday, October 4th. Dollarama’s dividend payout ratio (DPR) is presently 9.59%.

Insiders Place Their Bets

In other Dollarama news, Senior Officer Mark Di Pesa sold 530 shares of the company’s stock in a transaction dated Friday, October 11th. The shares were sold at an average price of C$143.47, for a total value of C$76,039.10. In other news, Senior Officer Mark Di Pesa sold 530 shares of the stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of C$143.47, for a total transaction of C$76,039.10. Also, Director Nicolas Hien sold 5,167 shares of the stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of C$135.18, for a total transaction of C$698,490.04. Over the last quarter, insiders have sold 14,899 shares of company stock worth $1,972,030. 2.23% of the stock is currently owned by company insiders.

About Dollarama

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.