Pet Valu FY2027 EPS Lifted by National Bank Financial

Pet Valu Holdings Ltd. (TSE:PET - Free Report) - Stock analysts at National Bank Financial raised their FY2027 earnings per share (EPS) estimates for Pet Valu in a research note issued on Wednesday, June 4th. National Bank Financial analyst V. Shreedhar now anticipates that the company will earn $2.03 per share for the year, up from their previous forecast of $2.01. The consensus estimate for Pet Valu's current full-year earnings is $1.68 per share.

PET has been the subject of a number of other reports. National Bankshares set a C$33.00 price target on Pet Valu and gave the company an "outperform" rating in a research report on Thursday. Barclays raised their price objective on Pet Valu from C$27.00 to C$32.00 in a report on Wednesday, March 5th. Cormark raised Pet Valu from a "hold" rating to a "moderate buy" rating in a report on Wednesday, May 7th. Royal Bank of Canada lifted their price target on shares of Pet Valu from C$34.00 to C$35.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Finally, CIBC lifted their price objective on Pet Valu from C$29.00 to C$33.00 in a research report on Wednesday, March 5th. Seven analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of C$34.33.

Pet Valu Price Performance

PET traded up C$0.06 on Friday, reaching C$31.16. 345,359 shares of the stock were exchanged, compared to its average volume of 98,381. The firm has a market capitalization of C$2.22 billion, a PE ratio of 25.69 and a beta of 0.81. The company's 50-day moving average price is C$27.94 and its 200 day moving average price is C$26.38. Pet Valu has a fifty-two week low of C$22.53 and a fifty-two week high of C$31.99.

Pet Valu Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 16th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date is Friday, May 30th. This is an increase from Pet Valu's previous quarterly dividend of $0.11. Pet Valu's dividend payout ratio (DPR) is 36.27%.

Pet Valu Company Profile

Pet Valu Holdings Ltd is engaged in providing pet-related products through its stores. Its products include Dry Food, Wet Food, Frozen raw food, Jerky Treats, and Training treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and Frozen Raw.