Dollarama (OTCMKTS:DLMAF) Upgraded at Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce upgraded shares of Dollarama (OTCMKTS:DLMAF) to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports.

A number of other research analysts have also recently weighed in on DLMAF. Zacks Research upgraded shares of Dollarama to a “hold” rating in a research report on Monday, March 16th. Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. TD Securities reiterated a “buy” rating on shares of Dollarama in a report on Friday, December 12th. Royal Bank Of Canada raised 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 research note on Thursday, December 4th. Six investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Dollarama currently has a consensus rating of “Buy”.

Dollarama Price Performance

Dollarama stock opened at $119.82 on Wednesday. Dollarama has a 52-week low of $104.40 and a 52-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. The firm’s fifty day moving average is $139.60 and its 200 day moving average is $138.70. The company has a market cap of $32.70 billion and a price-to-earnings ratio of 142.64.

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

Dollarama News Summary

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.