Dollarama (OTCMKTS:DLMAF) Upgraded at TD Securities

TD Securities upgraded shares of Dollarama (OTCMKTS:DLMAF) to a strong-buy rating in a report published on Wednesday,Zacks.com reports.

DLMAF has been the topic of several other research reports. Zacks Research raised shares of Dollarama to a “hold” rating in a research note on Monday, March 16th. Canadian Imperial Bank of Commerce raised Dollarama to a “strong-buy” rating in a research report on Wednesday. Jefferies Financial Group raised Dollarama to a “strong-buy” rating in a report on Wednesday. National Bank Financial raised Dollarama to a “strong-buy” rating in a research note on Wednesday. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Six analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy”.

Dollarama Trading Down 1.8%

DLMAF stock opened at $119.82 on Wednesday. The company’s 50-day simple moving average is $139.60 and its 200 day simple moving average is $138.70. Dollarama has a 52 week low of $104.40 and a 52 week high of $160.86. The company has a debt-to-equity ratio of 3.55, a quick ratio of 0.23 and a current ratio of 1.09. The company has a market capitalization of $32.70 billion and a PE ratio of 142.64.

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

Key Headlines Impacting Dollarama

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.