UBS Group upgraded shares of Dollarama (OTCMKTS:DLMAF – Free Report) to a hold rating in a research report sent to investors on Wednesday,Zacks.com reports.
Other research analysts have also recently issued reports about the stock. Zacks Research raised shares of Dollarama to a “hold” rating in a report on Monday, March 16th. National Bank Financial raised Dollarama to a “strong-buy” rating in a research report on Wednesday. Scotiabank upgraded Dollarama to a “strong-buy” rating in a research note on Tuesday. Wells Fargo & Company raised Dollarama to a “hold” rating in a report on Tuesday. Finally, Royal Bank Of Canada upgraded Dollarama to a “moderate buy” rating in a research note on Monday, March 16th. Six analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Dollarama currently has a consensus rating of “Buy”.
View Our Latest Analysis on Dollarama
Dollarama Trading Down 1.8%
Dollarama (OTCMKTS:DLMAF – Get Free Report) last issued its quarterly earnings data on Tuesday, March 24th. The company reported $1.03 earnings per share 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 net margin of 18.05% and a return on equity of 96.58%.
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.
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