Recent Research Analysts’ Ratings Updates for Dollarama (DOL)

A number of research firms have changed their ratings and price targets for Dollarama (TSE: DOL):

• 12/13/2024 – Dollarama was given a new C$147.00 price target on by analysts at UBS Group AG. They now have a “neutral” rating on the stock.
• 12/5/2024 – Dollarama was downgraded by analysts at National Bankshares, Inc. from an “outperform” rating to a “sector perform” rating.
• 12/5/2024 – Dollarama had its price target raised by analysts at CIBC from C$138.00 to C$145.00.
• 12/5/2024 – Dollarama had its price target lowered by analysts at Royal Bank of Canada from C$160.00 to C$159.00.
• 12/5/2024 – Dollarama had its price target raised by analysts at Stifel Nicolaus from C$136.00 to C$140.00.
• 12/5/2024 – Dollarama had its price target raised by analysts at TD Securities from C$154.00 to C$160.00.
• 12/4/2024 – Dollarama was downgraded by analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating.
• 12/3/2024 – Dollarama had its price target raised by analysts at Desjardins from C$147.00 to C$150.00. They now have a “buy” rating on the stock.
• 11/28/2024 – Dollarama had its price target raised by analysts at Canaccord Genuity Group Inc. from C$138.00 to C$140.00. They now have a “hold” rating on the stock.
• 11/25/2024 – Dollarama had its price target raised by analysts at Royal Bank of Canada from C$147.00 to C$160.00.
• 11/22/2024 – Dollarama had its price target raised by analysts at BMO Capital Markets from C$147.00 to C$154.00.
• 11/20/2024 – Dollarama had its price target raised by analysts at National Bankshares, Inc. from C$143.00 to C$149.00.

Dollarama Stock Up 1.1 %

TSE:DOL traded up C$1.55 on Wednesday, hitting C$141.67. The stock had a trading volume of 188,652 shares, compared to its average volume of 592,510. 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 stock has a market cap of C$39.92 billion, a P/E ratio of 36.70, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56. The firm’s fifty day simple moving average is C$144.44 and its two-hundred day simple moving average is C$135.83. Dollarama Inc. has a 1 year low of C$93.57 and a 1 year high of C$152.97.

Dollarama Dividend Announcement

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

Insider Activity at Dollarama

In other news, Senior Officer Mark Di Pesa sold 530 shares of the stock in a transaction dated Friday, October 11th. The shares were sold at an average price of C$143.47, for a total value of C$76,039.10. Also, Director Stephen Gunn sold 54,950 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of C$141.57, for a total transaction of C$7,779,271.50. In the last three months, insiders have sold 57,480 shares of company stock worth $8,130,761. Company insiders own 2.23% of the company’s stock.

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.