Dollarama Inc. (TSE:DOL) Director John Huw Thomas Sells 2,000 Shares

Dollarama Inc. (TSE:DOL) Director John Huw Thomas sold 2,000 shares of the business’s stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of C$137.73, for a total value of C$275,450.00.

Dollarama Stock Down 0.0 %

Shares of TSE DOL opened at C$137.93 on Friday. The company has a market capitalization of C$38.87 billion, a P/E ratio of 35.73, a P/E/G ratio of 1.93 and a beta of 0.56. Dollarama Inc. has a 1 year low of C$89.93 and a 1 year high of C$139.76. The company has a debt-to-equity ratio of 391.24, a current ratio of 1.99 and a quick ratio of 0.08. The company has a 50 day simple moving average of C$132.96 and a 200-day simple moving average of C$123.98.

Dollarama Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, November 1st will be issued a dividend of $0.092 per share. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date of this dividend is Friday, October 4th. Dollarama’s dividend payout ratio is presently 9.59%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DOL shares. Desjardins increased their target price on shares of Dollarama from C$140.00 to C$143.00 in a research report on Thursday, September 12th. TD Securities upgraded Dollarama from a “hold” rating to a “buy” rating and lifted their price objective for the company from C$150.00 to C$154.00 in a research note on Thursday, September 12th. Stifel Nicolaus raised their price target on shares of Dollarama from C$125.00 to C$136.00 in a research report on Thursday, September 12th. Cfra raised Dollarama from a “hold” rating to a “buy” rating and upped their target price for the stock from C$130.00 to C$155.00 in a research note on Thursday, September 12th. Finally, BMO Capital Markets increased their target price on Dollarama from C$138.00 to C$147.00 in a report on Thursday, September 12th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Dollarama has an average rating of “Moderate Buy” and a consensus price target of C$139.18.

Dollarama Company Profile

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.