Dollarama Inc. (TSE:DOL) Senior Officer Geoffrey Peter Robillard Sells 39,300 Shares

Dollarama Inc. (TSE:DOL) Senior Officer Geoffrey Peter Robillard sold 39,300 shares of the firm’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of C$123.51, for a total value of C$4,853,821.17.

Geoffrey Peter Robillard also recently made the following trade(s):

• On Friday, April 26th, Geoffrey Peter Robillard sold 60,700 shares of Dollarama stock. The shares were sold at an average price of C$116.30, for a total value of C$7,059,410.00.

Dollarama Stock Performance

Shares of DOL stock opened at C$123.05 on Tuesday. The stock’s 50-day moving average price is C$119.64 and its 200 day moving average price is C$107.22. The company has a quick ratio of 0.08, a current ratio of 1.93 and a debt-to-equity ratio of 1,137.89. The stock has a market capitalization of C$34.30 billion, a PE ratio of 34.56, a price-to-earnings-growth ratio of 1.93 and a beta of 0.52. Dollarama Inc. has a 52-week low of C$84.19 and a 52-week high of C$129.16.

Dollarama (TSE:DOL) last released its earnings results on Wednesday, June 12th. The company reported C$0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.75 by C$0.02. Dollarama had a return on equity of 493.80% and a net margin of 17.22%. The business had revenue of C$1.41 billion for the quarter, compared to analyst estimates of C$1.41 billion. As a group, equities research analysts forecast that Dollarama Inc. will post 4.5049541 EPS for the current year.

Dollarama Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 2nd. Shareholders of record on Friday, July 5th will be given a dividend of $0.092 per share. The ex-dividend date of this dividend is Friday, July 5th. This represents a $0.37 dividend on an annualized basis and a yield of 0.30%. Dollarama’s payout ratio is currently 8.43%.

Wall Street Analysts Forecast Growth

DOL has been the subject of a number of research analyst reports. Royal Bank of Canada upped their price target on Dollarama from C$136.00 to C$138.00 and gave the company an “outperform” rating in a report on Thursday, June 13th. National Bank Financial raised shares of Dollarama from a “sector perform market weight” rating to an “outperform market weight” rating in a research report on Wednesday, March 13th. Scotiabank boosted their price target on shares of Dollarama from C$107.00 to C$113.00 in a research report on Friday, April 5th. Canaccord Genuity Group raised their price objective on Dollarama from C$112.00 to C$125.00 in a report on Monday, June 10th. Finally, TD Securities boosted their target price on Dollarama from C$113.00 to C$126.00 and gave the company a “hold” rating in a report on Tuesday, May 28th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$125.80.

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.