Dollarama (OTCMKTS:DLMAF) Upgraded at National Bank Financial

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

DLMAF has been the topic of a number of other research reports. Jefferies Financial Group upgraded Dollarama to a “strong-buy” rating in a report on Wednesday. Zacks Research raised Dollarama to a “hold” rating in a research note on Monday, March 16th. Canadian Imperial Bank of Commerce raised shares of Dollarama to a “strong-buy” rating in a research note on Wednesday. Royal Bank Of Canada upgraded shares of Dollarama to a “moderate buy” rating in a report on Monday, March 16th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. 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. Based on data from MarketBeat, Dollarama has an average rating of “Buy”.

Dollarama Stock Performance

DLMAF stock opened at $119.82 on Wednesday. Dollarama has a twelve month low of $104.40 and a twelve month 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 company has a market cap of $32.70 billion and a P/E ratio of 142.64. The business’s fifty day moving average is $139.60 and its 200-day moving average is $138.70.

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

Key Stories 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.