Dollarama (OTCMKTS:DLMAF) Upgraded at Ventum Financial

Dollarama (OTCMKTS:DLMAF) was upgraded by research analysts at Ventum Financial to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

DLMAF has been the subject of a number of other reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. Stifel Nicolaus raised Dollarama from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Scotiabank restated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Five equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Dollarama presently has a consensus rating of “Buy”.

Dollarama Trading Down 0.2%

OTCMKTS DLMAF opened at $135.71 on Thursday. The company has a current ratio of 1.57, a quick ratio of 0.70 and a debt-to-equity ratio of 3.96. Dollarama has a 1-year low of $112.41 and a 1-year high of $160.86. The firm’s fifty day simple moving average is $134.42 and its 200-day simple moving average is $133.06. The company has a market capitalization of $36.57 billion and a PE ratio of 51.41.

Dollarama (OTCMKTS:DLMAF) last released its quarterly earnings data on Thursday, June 11th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.05. Dollarama had a return on equity of 94.77% and a net margin of 17.65%.The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.34 billion. As a group, sell-side analysts anticipate that Dollarama will post 3.65 earnings per share for the current fiscal year.

About Dollarama

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.