FY2027 EPS Forecast for Dollarama Lowered by Analyst

Dollarama Inc. (TSE:DOL) – Equities research analysts at National Bank Financial cut their FY2027 EPS estimates for shares of Dollarama in a note issued to investors on Wednesday, December 4th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $4.95 per share for the year, down from their previous estimate of $4.96. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Dollarama’s current full-year earnings is $5.33 per share.

Several other equities research analysts have also weighed in on DOL. Desjardins lifted their price target on Dollarama from C$147.00 to C$150.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd. CIBC increased their price objective on Dollarama from C$138.00 to C$145.00 in a report on Thursday, December 5th. Wells Fargo & Company cut shares of Dollarama from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from C$136.00 to C$130.00 in a report on Thursday, September 12th. Royal Bank of Canada reduced their target price on shares of Dollarama from C$160.00 to C$159.00 in a research report on Thursday, December 5th. Finally, BMO Capital Markets lifted their price target on shares of Dollarama from C$147.00 to C$154.00 in a research report on Friday, November 22nd. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$145.00.

Dollarama Stock Up 1.5 %

DOL stock opened at C$142.23 on Monday. Dollarama has a fifty-two week low of C$89.93 and a fifty-two week high of C$152.97. The business’s 50 day moving average price is C$144.28 and its two-hundred day moving average price is C$134.73. The company has a debt-to-equity ratio of 391.24, a quick ratio of 0.08 and a current ratio of 1.99. The company has a market capitalization of C$40.08 billion, a price-to-earnings ratio of 36.85, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56.

Dollarama (TSE:DOL) last released its quarterly earnings results on Wednesday, September 11th. The company reported C$1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of C$1.56 billion during the quarter, compared to the consensus estimate of C$1.57 billion.

Insider Activity at Dollarama

In related news, Director Nicolas Hien sold 5,167 shares of Dollarama stock in a transaction dated 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, Senior Officer Mark Di Pesa sold 530 shares of the business’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of C$143.47, for a total value of C$76,039.10. In the last three months, insiders have sold 7,697 shares of company stock valued at $1,049,979. 2.23% of the stock is owned by corporate insiders.

Dollarama Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Friday, November 1st were issued a $0.092 dividend. The ex-dividend date was Friday, October 4th. This represents a $0.37 dividend on an annualized basis and a yield of 0.26%. Dollarama’s payout ratio is currently 9.59%.

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.