Dollarama Inc. (TSE:DOL - Get Free Report) Director Stephen Gunn sold 54,950 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of C$141.57, for a total transaction of C$7,779,271.50.
Dollarama Stock Up 0.2 %
DOL stock opened at C$141.84 on Friday. 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 Inc. has a twelve month low of C$89.93 and a twelve month high of C$152.97. The stock has a market cap of C$39.97 billion, a P/E ratio of 36.75, a PEG ratio of 1.93 and a beta of 0.56. The company's 50 day moving average is C$144.54 and its two-hundred day moving average is C$135.03.
Dollarama (TSE:DOL - Get Free Report) last announced its earnings results on Wednesday, September 11th. The company reported C$1.02 EPS for the quarter, beating analysts' consensus estimates of C$0.96 by C$0.06. Dollarama had a net margin of 17.85% and a return on equity of 156.46%. The business had revenue of C$1.56 billion for the quarter, compared to analysts' expectations of C$1.57 billion. Research analysts expect that Dollarama Inc. will post 5.3295203 earnings per share for the current fiscal year.
Dollarama Announces Dividend
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The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Friday, November 1st were paid a $0.092 dividend. The ex-dividend date of this dividend was Friday, October 4th. This represents a $0.37 annualized dividend and a dividend yield of 0.26%. Dollarama's dividend payout ratio (DPR) is currently 9.59%.
Wall Street Analyst Weigh In
DOL has been the topic of a number of analyst reports. CIBC lifted their price objective on Dollarama from C$138.00 to C$145.00 in a research report on Thursday, December 5th. BMO Capital Markets lifted their price objective on Dollarama from C$147.00 to C$154.00 in a research note on Friday, November 22nd. National Bank Financial downgraded shares of Dollarama from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. TD Securities raised their price target on shares of Dollarama from C$154.00 to C$160.00 in a research report on Thursday, December 5th. Finally, Stifel Nicolaus increased their price objective on Dollarama from C$136.00 to C$140.00 in a research note on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of C$145.17.
Read Our Latest Research Report on Dollarama
Dollarama Company Profile
(
Get Free Report)
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.
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