FY2025 EPS Estimates for Pet Valu Raised by Atb Cap Markets

Key Points

• Atb Cap Markets has raised its FY2025 earnings estimate for Pet Valu to $1.68 per share, up from $1.66, aligning with the consensus estimate.
• Pet Valu's quarterly dividend has increased to $0.12 per share from $0.11, representing an annualized dividend yield of 1.3%.
• Multiple brokerages have revised their price targets for Pet Valu, with Royal Bank Of Canada increasing theirs to C$41.00 and maintaining an "outperform" rating.

Pet Valu Holdings Ltd. (TSE:PET - Free Report) - Analysts at Atb Cap Markets increased their FY2025 earnings per share (EPS) estimates for Pet Valu in a report released on Tuesday, August 5th. Atb Cap Markets analyst C. Murray now forecasts that the company will earn $1.68 per share for the year, up from their prior forecast of $1.66. The consensus estimate for Pet Valu's current full-year earnings is $1.68 per share. Atb Cap Markets also issued estimates for Pet Valu's Q2 2026 earnings at $0.46 EPS.

A number of other analysts also recently commented on PET. Stifel Nicolaus boosted their target price on Pet Valu from C$33.00 to C$40.00 and gave the stock a "buy" rating in a research report on Wednesday. National Bankshares boosted their target price on Pet Valu from C$38.00 to C$41.00 and gave the stock an "outperform" rating in a research report on Wednesday. Desjardins boosted their target price on Pet Valu from C$38.00 to C$41.00 and gave the stock a "buy" rating in a research report on Wednesday. Royal Bank Of Canada boosted their target price on Pet Valu from C$35.00 to C$41.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Finally, Stifel Canada upgraded Pet Valu from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 10th. Nine investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of C$40.22.

Pet Valu Stock Down 0.9%

PET stock traded down C$0.33 on Thursday, reaching C$35.97. 88,196 shares of the company's stock were exchanged, compared to its average volume of 107,156. The stock has a fifty day moving average of C$33.15 and a 200-day moving average of C$28.73. Pet Valu has a twelve month low of C$22.53 and a twelve month high of C$36.86. The firm has a market cap of C$2.56 billion, a PE ratio of 29.65 and a beta of 0.81.

Pet Valu Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 16th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, May 30th. This is an increase from Pet Valu's previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.3%. Pet Valu's dividend payout ratio is 36.27%.

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.