What is Cormark's Forecast for Pet Valu FY2025 Earnings?

Pet Valu Holdings Ltd. (TSE:PET - Free Report) - Analysts at Cormark lifted their FY2025 EPS estimates for Pet Valu in a research report issued on Wednesday, May 7th. Cormark analyst K. Mcphee now anticipates that the company will post earnings of $1.63 per share for the year, up from their prior estimate of $1.61. Cormark has a "Moderate Buy" rating on the stock. The consensus estimate for Pet Valu's current full-year earnings is $1.68 per share. Cormark also issued estimates for Pet Valu's FY2027 earnings at $1.94 EPS.

Several other analysts have also issued reports on the stock. Royal Bank of Canada upped their price target on shares of Pet Valu from C$34.00 to C$35.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. CIBC increased their price objective on shares of Pet Valu from C$29.00 to C$33.00 in a research report on Wednesday, March 5th. ATB Capital increased their price objective on shares of Pet Valu from C$39.00 to C$40.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Raymond James increased their price objective on shares of Pet Valu from C$34.00 to C$36.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Finally, Desjardins dropped their price objective on shares of Pet Valu from C$41.00 to C$32.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. Eight analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of C$34.33.

Pet Valu Price Performance

PET stock traded down C$1.46 during mid-day trading on Thursday, reaching C$28.76. The company had a trading volume of 482,530 shares, compared to its average volume of 73,725. The stock has a 50 day simple moving average of C$26.20 and a two-hundred day simple moving average of C$25.79. The company has a market capitalization of C$2.05 billion, a price-to-earnings ratio of 23.71 and a beta of 0.81. Pet Valu has a 52 week low of C$22.53 and a 52 week high of C$30.74.

About Pet Valu

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.