FY2025 Earnings Estimate for TSE:DBM Issued By Stifel Canada

Doman Building Materials Group Ltd. (TSE:DBM) – Stifel Canada increased their FY2025 earnings per share estimates for Doman Building Materials Group in a research report issued on Tuesday, July 15th. Stifel Canada analyst I. Gillies now expects that the company will post earnings per share of $0.78 for the year, up from their prior estimate of $0.68. The consensus estimate for Doman Building Materials Group’s current full-year earnings is $0.81 per share.

Other equities research analysts have also issued reports about the company. Cibc World Mkts lowered Doman Building Materials Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 22nd. Royal Bank Of Canada reduced their target price on Doman Building Materials Group from C$11.00 to C$10.00 and set an “outperform” rating for the company in a report on Tuesday, April 22nd. Canaccord Genuity Group lowered their price objective on Doman Building Materials Group from C$11.00 to C$10.00 in a research report on Monday, May 12th. CIBC lowered Doman Building Materials Group from an “outperform” rating to a “neutral” rating and set a C$7.50 target price on the stock. in a research note on Tuesday, April 22nd. Finally, Stifel Nicolaus raised their price target on Doman Building Materials Group from C$8.00 to C$9.00 in a research note on Monday, May 12th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Doman Building Materials Group presently has an average rating of “Moderate Buy” and a consensus target price of C$10.13.

Doman Building Materials Group Price Performance

TSE:DBM opened at C$8.66 on Thursday. The business’s 50-day moving average price is C$8.58 and its 200 day moving average price is C$7.77. The firm has a market cap of C$756.88 million, a P/E ratio of 13.38 and a beta of 1.53. Doman Building Materials Group has a 52-week low of C$6.30 and a 52-week high of C$9.96. The company has a quick ratio of 1.11, a current ratio of 2.94 and a debt-to-equity ratio of 112.91.

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.