Raymond James Issues Negative Estimate for TSE:DBM Earnings

Doman Building Materials Group Ltd. (TSE:DBM) – Equities research analysts at Raymond James reduced their FY2025 earnings per share estimates for Doman Building Materials Group in a report issued on Monday, January 20th. Raymond James analyst D. Swetlishoff now expects that the company will post earnings per share of $1.04 for the year, down from their previous estimate of $1.08. The consensus estimate for Doman Building Materials Group’s current full-year earnings is $0.81 per share. Raymond James also issued estimates for Doman Building Materials Group’s FY2026 earnings at $1.07 EPS.

Doman Building Materials Group (TSE:DBM) last released its quarterly earnings data on Thursday, November 7th. The company reported C$0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.14 by C$0.04. Doman Building Materials Group had a net margin of 2.56% and a return on equity of 10.63%. During the same period in the previous year, the business posted $0.24 earnings per share.

Several other equities research analysts have also recently weighed in on DBM. CIBC lowered their target price on Doman Building Materials Group from C$12.00 to C$11.50 in a report on Wednesday, January 15th. Stifel Nicolaus upped their price objective on shares of Doman Building Materials Group from C$11.00 to C$12.00 in a research note on Monday, November 25th. Canaccord Genuity Group raised their target price on shares of Doman Building Materials Group from C$9.00 to C$11.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. National Bankshares upped their price target on shares of Doman Building Materials Group from C$8.50 to C$12.00 and gave the stock an “outperform” rating in a research report on Monday, October 7th. Finally, TD Securities lifted their price objective on shares of Doman Building Materials Group from C$11.50 to C$12.00 in a report on Tuesday, October 22nd. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$11.29.

Doman Building Materials Group Stock Up 0.2 %

Shares of TSE:DBM opened at C$8.11 on Wednesday. The business’s 50 day moving average is C$8.92 and its 200 day moving average is C$8.08. The stock has a market cap of C$707.92 million, a P/E ratio of 11.26 and a beta of 1.53. Doman Building Materials Group has a 52-week low of C$6.32 and a 52-week high of C$9.96. The company has a quick ratio of 1.11, a current ratio of 3.78 and a debt-to-equity ratio of 132.33.

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.