Desjardins Boosts Dollarama (TSE:DOL) Price Target to C$133.00

Dollarama (TSE:DOLFree Report) had its price target boosted by Desjardins from C$120.00 to C$133.00 in a research note published on Tuesday, BayStreet.CA reports. They currently have a buy rating on the stock. Desjardins also issued estimates for Dollarama’s Q1 2025 earnings at $0.75 EPS, Q2 2025 earnings at $1.00 EPS, Q3 2025 earnings at $1.02 EPS and Q4 2025 earnings at $1.34 EPS.

A number of other analysts have also weighed in on the stock. TD Securities upped their price objective on shares of Dollarama from C$113.00 to C$126.00 and gave the stock a hold rating in a research note on Tuesday, May 28th. Royal Bank of Canada increased their price objective on shares of Dollarama from C$125.00 to C$136.00 and gave the company an outperform rating in a research note on Tuesday, June 4th. CIBC upped their target price on Dollarama from C$99.00 to C$115.00 in a report on Friday, April 5th. Canaccord Genuity Group lifted their price target on Dollarama from C$112.00 to C$125.00 in a report on Monday. Finally, National Bankshares upped their price objective on Dollarama from C$120.00 to C$130.00 and gave the stock an outperform rating in a research note on Tuesday, May 28th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of C$125.80.

Get Our Latest Stock Analysis on Dollarama

Dollarama Stock Performance

Dollarama stock opened at C$121.58 on Tuesday. The company has a debt-to-equity ratio of 1,137.89, a quick ratio of 0.08 and a current ratio of 1.93. The company has a market capitalization of C$33.89 billion, a PE ratio of 34.15, a P/E/G ratio of 1.93 and a beta of 0.52. The company has a 50 day moving average price of C$119.00 and a 200-day moving average price of C$106.64. Dollarama has a fifty-two week low of C$84.19 and a fifty-two week high of C$129.16.

Dollarama (TSE:DOLGet Free Report) last issued its earnings results on Wednesday, June 12th. The company reported C$0.77 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.75 by C$0.02. Dollarama had a return on equity of 493.80% and a net margin of 17.22%. The business had revenue of C$1.41 billion during the quarter, compared to analyst estimates of C$1.41 billion. As a group, equities analysts forecast that Dollarama will post 4.5049541 earnings per share for the current year.

Dollarama Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 2nd. Shareholders of record on Friday, July 5th will be given a dividend of $0.092 per share. The ex-dividend date is Friday, July 5th. This represents a $0.37 dividend on an annualized basis and a yield of 0.30%. Dollarama’s dividend payout ratio is currently 8.43%.

Insider Buying and Selling

In other news, Senior Officer Geoffrey Peter Robillard sold 60,700 shares of the company’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of C$116.30, for a total value of C$7,059,410.00. In related news, Senior Officer Geoffrey Peter Robillard sold 60,700 shares of the firm’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of C$116.30, for a total transaction of C$7,059,410.00. Also, Director John Assaly sold 1,339 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of C$114.55, for a total value of C$153,378.30. Insiders sold 69,623 shares of company stock valued at $8,058,311 over the last quarter. 2.92% of the stock is currently owned by company insiders.

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.

Recommended Stories

Analyst Recommendations for Dollarama (TSE:DOL)

Receive News & Ratings for Dollarama Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollarama and related companies with MarketBeat.com's FREE daily email newsletter.