National Bank Financial Lowers Earnings Estimates for Metro

Key Points

• National Bank Financial has revised its FY2025 earnings per share (EPS) forecast for Metro Inc. down from $4.83 to $4.78.
• Several analysts have adjusted their price targets for Metro, with UBS Group increasing it from C$99.00 to C$105.00, while National Bankshares lowered it from C$111.00 to C$110.00.
• Metro's stock saw a slight increase of 0.3% during trading, reaching a price of C$98.70.

Metro Inc. (TSE:MRU - Free Report) - Research analysts at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for shares of Metro in a report released on Wednesday, August 13th. National Bank Financial analyst V. Shreedhar now expects 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. National Bank Financial also issued estimates for Metro's Q4 2025 earnings at $1.14 EPS, Q1 2026 earnings at $1.19 EPS, Q3 2026 earnings at $1.66 EPS, Q4 2026 earnings at $1.27 EPS, FY2026 earnings at $5.28 EPS and FY2027 earnings at $5.78 EPS.

MRU has been the topic of a number of other research reports. Royal Bank Of Canada upped their price target on Metro from C$98.00 to C$112.00 in a report on Monday, July 21st. National Bankshares lowered their price target on Metro from C$111.00 to C$110.00 and set a "sector perform" rating on the stock in a report on Thursday. BMO Capital Markets upped their price target on Metro from C$110.00 to C$115.00 and gave the stock an "outperform" rating in a report on Tuesday, August 5th. Finally, TD Securities upped their price target on Metro from C$112.00 to C$118.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of C$110.13.

Metro Stock Performance

TSE MRU traded up C$1.80 on Friday, hitting C$100.92. 449,114 shares of the company's stock were exchanged, compared to its average volume of 475,057. 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 firm's 50-day moving average price is C$104.72 and its two-hundred day moving average price is C$101.14. 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 cap of C$22.32 billion, a price-to-earnings ratio of 23.30, a P/E/G ratio of 4.06 and a beta of 0.08.

Metro Company Profile

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.