Desjardins Boosts Dollarama (TSE:DOL) Price Target to C$143.00

Dollarama (TSE:DOL) had its price objective lifted by research analysts at Desjardins from C$140.00 to C$143.00 in a note issued to investors on Thursday, BayStreet.CA reports. Desjardins’ price objective points to a potential upside of 7.13% from the company’s previous close. Desjardins also issued estimates for Dollarama’s Q3 2025 earnings at $0.97 EPS.

Several other brokerages also recently commented on DOL. Canaccord Genuity Group lifted their price target on Dollarama from C$112.00 to C$125.00 in a research report on Monday, June 10th. BMO Capital Markets raised their price objective on shares of Dollarama from C$133.00 to C$138.00 in a report on Thursday, July 18th. CIBC increased their price objective on shares of Dollarama from C$115.00 to C$128.00 and gave the stock a “neutral” rating in a report on Thursday, June 13th. National Bankshares upped their target price on shares of Dollarama from C$141.00 to C$143.00 in a research report on Thursday. Finally, TD Securities upped their price objective on Dollarama from C$126.00 to C$150.00 and gave the stock a “hold” rating in a report on Friday, August 30th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$139.18.

Dollarama Price Performance

DOL stock opened at C$133.48 on Thursday. The firm has a market capitalization of C$37.88 billion, a PE ratio of 36.08, a P/E/G ratio of 1.93 and a beta of 0.56. The firm has a 50-day moving average of C$131.18 and a two-hundred day moving average of C$121.05. The company has a current ratio of 2.09, a quick ratio of 0.08 and a debt-to-equity ratio of 1,073.06. Dollarama has a one year low of C$89.93 and a one year high of C$137.72.

Dollarama (TSE:DOL) last posted its earnings results on Wednesday, June 12th. The company reported C$0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.75 by C$0.02. The firm had revenue of C$1.41 billion during the quarter, compared to analysts’ expectations of C$1.41 billion. Dollarama had a net margin of 17.50% and a return on equity of 324.09%. On average, analysts forecast that Dollarama will post 4.4967696 earnings per share for the current year.

Insider Buying and Selling

In other news, Director John Assaly sold 7,202 shares of Dollarama stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of C$128.03, for a total transaction of C$922,050.45. In related news, Director John Assaly sold 7,202 shares of the stock in a transaction that occurred on Tuesday, July 16th. The shares were sold at an average price of C$128.03, for a total transaction of C$922,050.45. Also, Senior Officer Mark Di Pesa sold 1,000 shares of the company’s stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of C$130.17, for a total value of C$130,172.00. Following the sale, the insider now owns 530 shares of the company’s stock, valued at C$68,991.16. Over the last 90 days, insiders sold 26,013 shares of company stock worth $3,225,967. Company insiders own 2.23% of the company’s stock.

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.