FY2025 EPS Estimates for Pet Valu Increased by Analyst

Key Points

• Raymond James Financial has raised its FY2025 EPS estimate for Pet Valu from $1.65 to $1.68, maintaining an "Outperform" rating and a target price of $40.00 for the stock.
• Pet Valu's quarterly dividend was increased from $0.11 to $0.12 per share, resulting in an annualized dividend yield of 1.3%.
• Multiple analysts have upgraded their price targets on Pet Valu, with recent estimates ranging from C$38.00 to C$41.00, reflecting strong market confidence in the company's performance.

Pet Valu Holdings Ltd. (TSE:PET - Free Report) - Investment analysts at Raymond James Financial boosted their FY2025 earnings per share (EPS) estimates for shares of Pet Valu in a research report issued on Tuesday, August 5th. Raymond James Financial analyst M. Glen now anticipates that the company will post earnings of $1.68 per share for the year, up from their prior forecast of $1.65. Raymond James Financial has a "Outperform" rating and a $40.00 price objective on the stock. The consensus estimate for Pet Valu's current full-year earnings is $1.68 per share. Raymond James Financial also issued estimates for Pet Valu's Q4 2025 earnings at $0.56 EPS.

Other analysts also recently issued research reports about the company. Barclays lifted their price objective on Pet Valu from C$32.00 to C$41.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 6th. TD Securities raised their price target on Pet Valu from C$35.00 to C$44.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Cormark upgraded Pet Valu from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, May 7th. Stifel Nicolaus increased their price target on Pet Valu from C$33.00 to C$40.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Finally, Royal Bank Of Canada lifted their price target on Pet Valu from C$35.00 to C$41.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Nine equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Pet Valu currently has a consensus rating of "Buy" and an average price target of C$40.22.

Pet Valu Trading Up 1.7%

PET stock traded up C$0.60 during trading on Thursday, reaching C$36.57. The stock had a trading volume of 42,594 shares, compared to its average volume of 106,707. Pet Valu has a 52 week low of C$22.53 and a 52 week high of C$36.86. The stock's 50 day moving average is C$33.15 and its two-hundred day moving average is C$28.76. The firm has a market cap of C$2.60 billion, a PE ratio of 30.15 and a beta of 0.81.

Pet Valu Increases Dividend

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