Dollarama (OTCMKTS:DLMAF) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Dollarama (OTCMKTS:DLMAF) to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports.

DLMAF has been the topic of several other reports. Scotiabank reiterated an “outperform” rating on shares of Dollarama in a research report on Friday, December 12th. TD Securities reaffirmed a “buy” rating on shares of Dollarama in a research note on Friday, December 12th. Zacks Research raised Dollarama to a “hold” rating in a report on Monday, March 16th. Royal Bank Of Canada upgraded shares of Dollarama to a “moderate buy” rating in a research report on Monday, March 16th. Finally, National Bank Financial reissued an “outperform” rating on shares of Dollarama in a report on Thursday, December 4th. Six equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Dollarama presently has an average rating of “Buy”.

Dollarama Stock Down 1.8%

DLMAF stock opened at $119.82 on Wednesday. The stock has a market cap of $32.70 billion and a PE ratio of 142.64. The firm’s 50-day simple moving average is $139.60 and its 200 day simple moving average is $138.70. Dollarama has a fifty-two week low of $104.40 and a fifty-two week high of $160.86. The company has a quick ratio of 0.23, a current ratio of 1.09 and a debt-to-equity ratio of 3.55.

Dollarama (OTCMKTS:DLMAF) last posted its earnings results on Tuesday, March 24th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.01. Dollarama had a net margin of 18.05% and a return on equity of 96.58%. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.52 billion.

Dollarama News Roundup

Here are the key news stories impacting Dollarama this week:

• Positive Sentiment: Multiple brokers upgraded Dollarama to “strong‑buy” (TD Securities, CIBC, National Bank Financial, Jefferies [upgrade], BMO, Scotiabank) over Mar 26–27 — this reflects continued analyst conviction in Dollarama’s resilient cash flows and franchise strength. Jefferies Upgrade National Bank Upgrade BMO Upgrade
• Positive Sentiment: Jefferies also publicly reaffirmed a Buy rating on Dollarama, reinforcing that at least some sell‑side analysts expect continued growth and margin durability. Jefferies Reaffirms Buy
• Neutral Sentiment: Some firms (Stifel Nicolaus, Wells Fargo) moved ratings to “hold” — a modestly less bullish stance that suggests caution from parts of the street even as others push higher. Stifel Note
• Neutral Sentiment: Press coverage notes conflicting analyst views on consumer names including Dollarama, signaling mixed sentiment across the market rather than a unanimous call. Globe: Conflicting Sentiments
• Negative Sentiment: Despite the upgrades, the shares are trading below their 50‑ and 200‑day moving averages and carry a high P/E (around 143), which can limit upside and help explain the share decline amid profit‑taking or valuation concerns. Valuation/Market Context

Dollarama Company Profile

Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.

Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.