Dollarama Inc. (TSE:DOL) Senior Officer Johanne Choinière Sells 2,811 Shares

Dollarama Inc. (TSE:DOL) Senior Officer Johanne Choinière sold 2,811 shares of the company’s stock in a transaction on Tuesday, June 18th. The stock was sold at an average price of C$122.04, for a total value of C$343,051.07.

Dollarama Trading Up 1.1 %

Shares of TSE DOL opened at C$124.03 on Friday. Dollarama Inc. has a 12 month low of C$84.19 and a 12 month high of C$129.16. The company has a market cap of C$34.57 billion, a price-to-earnings ratio of 34.84, a P/E/G ratio of 1.93 and a beta of 0.52. 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 business has a fifty day simple moving average of C$120.60 and a 200-day simple moving average of C$107.78.

Dollarama (TSE:DOL) last announced its earnings results on Wednesday, June 12th. The company reported C$0.77 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of C$1.41 billion. Sell-side analysts predict that Dollarama Inc. will post 4.5049541 EPS for the current year.

Dollarama Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on DOL shares. Canaccord Genuity Group upped their price objective on Dollarama from C$112.00 to C$125.00 in a research note on Monday, June 10th. BMO Capital Markets upped their price objective on Dollarama from C$124.00 to C$133.00 and gave the stock an “outperform” rating in a research note on Monday, June 3rd. TD Securities increased their price target on Dollarama from C$113.00 to C$126.00 and gave the stock a “hold” rating in a research note on Tuesday, May 28th. National Bankshares increased their price target on Dollarama from C$130.00 to C$132.00 and gave the stock an “outperform” rating in a research note on Thursday, June 13th. Finally, Scotiabank increased their price target on Dollarama from C$107.00 to C$113.00 in a research note on Friday, April 5th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Dollarama has an average rating of “Moderate Buy” and a consensus target price of C$125.80.

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.