TSE:DBM FY2025 EPS Forecast Reduced by Stifel Canada

Doman Building Materials Group Ltd. (TSE:DBM) – Analysts at Stifel Canada lowered their FY2025 earnings per share (EPS) estimates for shares of Doman Building Materials Group in a note issued to investors on Sunday, March 2nd. Stifel Canada analyst I. Gillies now anticipates that the company will earn $0.48 per share for the year, down from their previous estimate of $0.86. The consensus estimate for Doman Building Materials Group’s current full-year earnings is $0.81 per share. Stifel Canada also issued estimates for Doman Building Materials Group’s FY2026 earnings at $0.51 EPS.

A number of other analysts also recently issued reports on DBM. Raymond James cut their target price on Doman Building Materials Group from C$12.00 to C$11.50 in a research note on Thursday, January 30th. Stifel Nicolaus raised their target price on Doman Building Materials Group from C$11.00 to C$12.00 in a research note on Monday, November 25th. Finally, CIBC cut their target price on Doman Building Materials Group from C$11.50 to C$9.50 and set an “outperform” rating for the company in a research note on Tuesday. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$11.00.

Doman Building Materials Group Stock Up 0.3 %

TSE DBM opened at C$7.00 on Wednesday. The business has a fifty day moving average price of C$7.93 and a 200 day moving average price of C$8.25. Doman Building Materials Group has a one year low of C$6.32 and a one year high of C$9.96. The company has a debt-to-equity ratio of 112.91, a quick ratio of 1.11 and a current ratio of 2.94. The company has a market cap of C$611.80 million, a P/E ratio of 10.82 and a beta of 1.53.

Insider Transactions at Doman Building Materials Group

In other Doman Building Materials Group news, Director Marc Seguin purchased 10,000 shares of the stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average cost of C$6.93 per share, for a total transaction of C$69,300.00. Company insiders own 20.04% of the company’s stock.

About Doman Building Materials Group

Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns.