Desjardins Comments on Metro's FY2025 Earnings (TSE:MRU)

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 dropped their FY2025 EPS estimates for Metro in a report released on Thursday, August 14th. Desjardins analyst C. Li now anticipates that the company will post earnings per share of $4.78 for the year, down from their prior forecast 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.

MRU has been the subject of a number of other research reports. TD Securities lifted 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. National Bankshares lowered their target price on shares of Metro from C$111.00 to C$110.00 and set a "sector perform" rating for the company in a report on Thursday. BMO Capital Markets lifted their target price on shares of Metro from C$110.00 to C$115.00 and gave the stock an "outperform" rating in a report on Tuesday, August 5th. Finally, Royal Bank Of Canada lifted their price target on shares of Metro from C$98.00 to C$112.00 in a research report on Monday, July 21st. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Metro presently has an average rating of "Hold" and an average target price of C$110.13.

Metro Trading Up 1.8%

MRU traded up C$1.80 during trading on Friday, reaching C$100.92. 449,114 shares of the company's stock were exchanged, compared to its average volume of 475,057. The company's fifty day moving average price is C$104.72 and its 200-day moving average price is C$101.14. The company has a debt-to-equity ratio of 62.29, a quick ratio of 0.41 and a current ratio of 1.35. Metro has a fifty-two week low of C$81.01 and a fifty-two week high of C$109.20. The firm has a market capitalization of C$22.32 billion, a PE ratio of 23.30, 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.