FY2025 EPS Estimates for Pet Valu Boosted 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) - Equities research analysts at Atb Cap Markets increased their FY2025 earnings estimates for shares of Pet Valu in a report released on Tuesday, August 5th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings of $1.68 per share for the year, up from their prior estimate 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.

Several other equities analysts have also issued reports on the company. ATB Capital lifted their price target on Pet Valu from C$40.00 to C$41.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Raymond James Financial raised their target price on shares of Pet Valu from C$36.00 to C$40.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. TD Securities boosted their price objective on shares of Pet Valu from C$35.00 to C$44.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Cormark raised shares of Pet Valu from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, May 7th. Finally, Barclays increased their price target on shares of Pet Valu from C$32.00 to C$41.00 and gave the company an "overweight" rating in a research report on Wednesday, August 6th. Nine analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of C$40.22.

Pet Valu Stock Up 1.7%

Shares of PET stock traded up C$0.60 during mid-day trading on Thursday, reaching C$36.57. 42,594 shares of the company's stock traded hands, compared to its average volume of 106,707. Pet Valu has a 12 month low of C$22.53 and a 12 month high of C$36.86. The company has a market cap of C$2.60 billion, a P/E ratio of 30.15 and a beta of 0.81. The company's 50-day moving average price is C$33.15 and its 200-day moving average price is C$28.76.

Pet Valu Increases Dividend

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