National Bank Financial Reduces Earnings Estimates for Metro

Key Points

• National Bank Financial has lowered its Q3 2025 earnings per share estimate for Metro Inc. from $1.56 to $1.54, reflecting cautious outlook adjustments.
• Despite the lowered earnings forecast, multiple analysts have raised their target prices for Metro, with Royal Bank of Canada increasing its price objective from C$98.00 to C$112.00.
• Currently, Metro's stock holds an average rating of "Hold" among analysts, with a consensus price target of C$107.44.

Metro Inc. (TSE:MRU - Free Report) - Equities researchers at National Bank Financial dropped their Q3 2025 EPS estimates for Metro in a research note issued on Monday, August 4th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $1.54 per share for the quarter, down from their previous estimate of $1.56. The consensus estimate for Metro's current full-year earnings is $4.82 per share. National Bank Financial also issued estimates for Metro's FY2025 earnings at $4.83 EPS, Q2 2026 earnings at $1.15 EPS, Q3 2026 earnings at $1.70 EPS and FY2027 earnings at $5.83 EPS.

Several other research analysts also recently weighed in on the stock. TD Securities upped 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. Royal Bank Of Canada lifted their price target on shares of Metro from C$98.00 to C$112.00 in a report on Monday, July 21st. Scotiabank lifted their price target on shares of Metro from C$100.00 to C$110.00 and gave the company an "outperform" rating in a report on Thursday, April 17th. BMO Capital Markets boosted 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, UBS Group boosted their target price on shares of Metro from C$99.00 to C$105.00 in a report on Thursday, April 17th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Metro has a consensus rating of "Hold" and a consensus target price of C$107.44.

Metro Stock Performance

MRU traded down C$0.42 during trading on Wednesday, hitting C$104.95. The company's stock had a trading volume of 344,058 shares, compared to its average volume of 475,705. The company has a quick ratio of 0.41, a current ratio of 1.35 and a debt-to-equity ratio of 62.29. Metro has a one year low of C$78.78 and a one year high of C$109.20. The firm has a market cap of C$23.21 billion, a PE ratio of 24.23, a P/E/G ratio of 4.06 and a beta of 0.08. The business's 50 day simple moving average is C$105.22 and its 200-day simple moving average is C$100.64.

About Metro

Metro Inc, through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries.