TSE:DBM FY2025 EPS Forecast Reduced by Stifel Canada

Doman Building Materials Group Ltd. (TSE:DBM) – Analysts at Stifel Canada dropped their FY2025 earnings per share (EPS) estimates for shares of Doman Building Materials Group in a research note issued to investors on Sunday, March 2nd. Stifel Canada analyst I. Gillies now expects that the company will post earnings per share of $0.48 for the year, down from their prior forecast 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 research firms have also issued reports on DBM. CIBC reduced their price target on Doman Building Materials Group from C$11.50 to C$9.50 and set an “outperform” rating on the stock in a research report on Tuesday. Stifel Nicolaus increased their price target on Doman Building Materials Group from C$11.00 to C$12.00 in a research report on Monday, November 25th. Finally, Raymond James reduced their price target on Doman Building Materials Group from C$12.00 to C$11.50 in a research report on Thursday, January 30th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$11.00.

Doman Building Materials Group Stock Performance

Shares of Doman Building Materials Group stock opened at C$7.00 on Wednesday. The company has a debt-to-equity ratio of 112.91, a current ratio of 2.94 and a quick ratio of 1.11. The stock has a market capitalization of C$611.80 million, a price-to-earnings ratio of 10.82 and a beta of 1.53. The business has a 50-day moving average of C$7.93 and a 200 day moving average of C$8.25. Doman Building Materials Group has a 12 month low of C$6.32 and a 12 month high of C$9.96.

Insider Transactions at Doman Building Materials Group

In other Doman Building Materials Group news, Director Marc Seguin bought 10,000 shares of the business’s stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of C$6.93 per share, with a total value of C$69,300.00. Corporate 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.