Dollarama (DOL) Set to Announce Earnings on Wednesday

Dollarama (TSE:DOL) is scheduled to release its earnings data before the market opens on Wednesday, December 4th. Analysts expect Dollarama to post earnings of C$0.98 per share for the quarter.

Dollarama (TSE:DOL) last released its earnings results on Wednesday, September 11th. The company reported C$1.02 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of C$1.57 billion.

Dollarama Trading Up 0.7 %

Shares of TSE DOL opened at C$145.84 on Monday. The company has a quick ratio of 0.08, a current ratio of 1.99 and a debt-to-equity ratio of 391.24. The company has a market cap of C$41.09 billion, a price-to-earnings ratio of 37.78, a P/E/G ratio of 1.93 and a beta of 0.56. Dollarama has a 12 month low of C$89.93 and a 12 month high of C$152.97. The business has a fifty day simple moving average of C$143.39 and a 200-day simple moving average of C$133.63.

Dollarama Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Friday, November 1st were paid a $0.092 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend was Friday, October 4th. Dollarama’s payout ratio is 9.59%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Cfra upgraded shares of Dollarama from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$130.00 to C$155.00 in a research note on Thursday, September 12th. BMO Capital Markets upped their price objective on Dollarama from C$147.00 to C$154.00 in a research note on Friday, November 22nd. Desjardins raised their target price on Dollarama from C$143.00 to C$147.00 and gave the stock a “buy” rating in a research report on Tuesday, October 15th. TD Securities upgraded Dollarama from a “hold” rating to a “buy” rating and upped their price target for the company from C$150.00 to C$154.00 in a research report on Thursday, September 12th. Finally, Royal Bank of Canada boosted their target price on shares of Dollarama from C$147.00 to C$160.00 in a research note on Monday, November 25th. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Dollarama has an average rating of “Moderate Buy” and a consensus target price of C$143.27.

Insider Buying and Selling at Dollarama

In related news, Director Nicolas Hien sold 5,167 shares of the stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of C$135.18, for a total value of C$698,490.04. Also, Director John Huw Thomas sold 2,000 shares of the business’s stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of C$137.73, for a total transaction of C$275,450.00. Over the last three months, insiders have sold 7,697 shares of company stock valued at $1,049,979. 2.23% of the stock is currently owned by company insiders.

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.