Dollarama Inc (TSE:DOL) – Investment analysts at Desjardins increased their Q3 2018 earnings per share (EPS) estimates for Dollarama in a research note issued on Friday. Desjardins analyst K. Howlett now anticipates that the company will post earnings of $1.13 per share for the quarter, up from their prior forecast of $1.08. Desjardins currently has a “Buy” rating and a $154.00 target price on the stock. Desjardins also issued estimates for Dollarama’s Q4 2018 earnings at $1.38 EPS, FY2018 earnings at $4.48 EPS and FY2019 earnings at $5.19 EPS.
DOL has been the subject of several other research reports. Royal Bank Of Canada increased their target price on shares of Dollarama from C$133.00 to C$138.00 in a research note on Thursday, May 25th. TD Securities increased their target price on shares of Dollarama from C$135.00 to C$150.00 and gave the stock a “hold” rating in a research note on Friday, September 8th. Scotiabank increased their target price on shares of Dollarama from C$141.00 to C$143.00 and gave the stock an “outperform” rating in a research note on Thursday, June 8th. CIBC increased their target price on shares of Dollarama from C$125.00 to C$141.00 in a research note on Thursday, June 8th. Finally, Raymond James Financial, Inc. increased their target price on shares of Dollarama from C$140.00 to C$143.00 in a research note on Friday, September 8th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of C$143.67.
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Dollarama (TSE DOL) traded up 0.18% during midday trading on Monday, reaching $136.10. 91,596 shares of the company’s stock traded hands. The company has a market capitalization of $15.29 billion and a price-to-earnings ratio of 32.87. Dollarama has a 1-year low of $93.27 and a 1-year high of $140.19. The firm’s 50-day moving average is $123.54 and its 200-day moving average is $118.29.
In other news, Director Nicolas Hien sold 1,750 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of C$122.83, for a total value of C$214,952.50.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Friday, October 6th will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.32%. The ex-dividend date is Thursday, October 5th.
Dollarama Inc is a Canada-based holding company. The Company operates dollar stores. It has approximately 1,030 stores in operation in Canada. Its stores have an average area of approximately 9,942 square feet, and offer a range of consumer products, general merchandise and seasonal items, including private label and nationally branded products.
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