Dollarama Inc. (TSE:DOL - Get Free Report) Senior Officer Mark Di Pesa sold 1,350 shares of the firm's stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of C$173.51, for a total transaction of C$234,234.45.
Dollarama Stock Performance
DOL stock opened at C$170.99 on Monday. The company has a market capitalization of C$47.25 billion, a P/E ratio of 43.55, a PEG ratio of 1.93 and a beta of 0.56. The company has a 50-day simple moving average of C$154.67 and a 200 day simple moving average of C$146.47. Dollarama Inc. has a fifty-two week low of C$113.58 and a fifty-two week high of C$174.75. The company has a quick ratio of 0.08, a current ratio of 1.43 and a debt-to-equity ratio of 369.36.
Dollarama Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, May 9th will be issued a $0.1058 dividend. The ex-dividend date is Thursday, April 17th. This represents a $0.42 annualized dividend and a yield of 0.25%. This is an increase from Dollarama's previous quarterly dividend of $0.09. Dollarama's dividend payout ratio is presently 9.42%.
Analysts Set New Price Targets
Several brokerages recently commented on DOL. UBS Group raised their target price on Dollarama from C$147.00 to C$165.00 in a report on Friday, April 4th. BMO Capital Markets lifted their target price on Dollarama from C$154.00 to C$160.00 in a research report on Friday, March 14th. TD Securities upped their price target on shares of Dollarama from C$160.00 to C$185.00 and gave the company a "buy" rating in a report on Friday, April 4th. CIBC lifted their price target on Dollarama from C$145.00 to C$174.00 in a research note on Friday, April 4th. Finally, National Bank Financial upgraded Dollarama from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 27th. Six equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$164.50.
View Our Latest Stock Report on Dollarama
About Dollarama
(
Get Free Report)
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.
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