National Bank Financial Expects Higher Earnings for Pet Valu

Pet Valu Holdings Ltd. (TSE:PET - Free Report) - Investment analysts at National Bank Financial upped their FY2025 EPS estimates for shares of Pet Valu in a note issued to investors on Sunday, July 13th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings of $1.63 per share for the year, up from their previous estimate of $1.62. The consensus estimate for Pet Valu's current full-year earnings is $1.68 per share. National Bank Financial also issued estimates for Pet Valu's Q4 2025 earnings at $0.53 EPS, Q2 2026 earnings at $0.42 EPS, FY2026 earnings at $1.84 EPS and FY2027 earnings at $2.04 EPS.

Several other research firms have also recently commented on PET. Desjardins upgraded shares of Pet Valu to a "moderate buy" rating in a report on Friday, May 16th. Royal Bank Of Canada boosted their price target on shares of Pet Valu from C$34.00 to C$35.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. National Bankshares set a C$33.00 price target on shares of Pet Valu and gave the company an "outperform" rating in a report on Thursday, June 5th. ATB Capital lifted their price objective on shares of Pet Valu from C$39.00 to C$40.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Finally, Stifel Nicolaus upped their price objective on shares of Pet Valu from C$28.50 to C$33.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Seven investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of C$34.33.

Pet Valu Price Performance

TSE PET traded up C$0.24 on Tuesday, hitting C$34.24. 78,243 shares of the stock were exchanged, compared to its average volume of 101,999. Pet Valu has a 52-week low of C$22.53 and a 52-week high of C$34.59. The company has a market capitalization of C$2.44 billion, a price-to-earnings ratio of 28.23 and a beta of 0.81. The company's 50-day moving average price is C$31.64 and its two-hundred day moving average price is C$27.78.

Pet Valu Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 16th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 30th. This is a boost from Pet Valu's previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a yield of 1.40%. Pet Valu's dividend payout ratio is currently 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.