Desjardins Has Bearish Forecast for Metro FY2025 Earnings

Key Points

• Desjardins has lowered its FY2025 earnings per share estimate for Metro Inc. to $4.78, down from a prior forecast of $4.83, maintaining a "Hold" rating with a target price of $105.00.
• The consensus for Metro's current full-year earnings is $4.82 per share, with the company's stock showing mixed ratings from various analysts.
• Metro's share price increased by 0.3% to C$98.70, with a market capitalization of C$21.83 billion and a P/E ratio of 22.79.

Metro Inc. (TSE:MRU - Free Report) - Desjardins lowered their FY2025 earnings estimates for Metro in a report issued on Thursday, August 14th. Desjardins analyst C. Li now forecasts that the company will post earnings of $4.78 per share for the year, down from their previous estimate of $4.83. The consensus estimate for Metro's current full-year earnings is $4.82 per share. Desjardins also issued estimates for Metro's Q4 2025 earnings at $1.15 EPS.

Other equities analysts also recently issued research reports about the stock. Royal Bank Of Canada boosted their target price on shares of Metro from C$98.00 to C$112.00 in a report on Monday, July 21st. TD Securities boosted their target price on shares of Metro from C$112.00 to C$118.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. BMO Capital Markets upped their price target on shares of Metro from C$110.00 to C$115.00 and gave the company an "outperform" rating in a research note on Tuesday, August 5th. Finally, National Bankshares decreased their price target on shares of Metro from C$111.00 to C$110.00 and set a "sector perform" rating on the stock in a research note on Thursday, August 14th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of C$110.13.

Metro Price Performance

Shares of MRU stock traded up C$0.79 during mid-day trading on Friday, hitting C$102.10. The company had a trading volume of 453,084 shares, compared to its average volume of 475,561. Metro has a 52-week low of C$81.01 and a 52-week high of C$109.20. The stock's 50 day moving average price is C$104.65 and its 200-day moving average price is C$101.15. The company has a debt-to-equity ratio of 62.29, a current ratio of 1.35 and a quick ratio of 0.41. The company has a market capitalization of C$22.58 billion, a P/E ratio of 23.57, a P/E/G ratio of 4.06 and a beta of 0.08.

About Metro

Metro is one of the largest grocery retailers in Canada. With its 2018 acquisition of Jean Coutu, it also boasts a meaningful drugstore footprint. Noteworthy grocery banners include Metro, Metro Plus, Super C, and Food Basics, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks.