Pet Valu Holdings Ltd. (TSE:PET - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as C$32.09 and last traded at C$32.04, with a volume of 101969 shares trading hands. The stock had previously closed at C$31.73.
Wall Street Analyst Weigh In
PET has been the topic of several analyst reports. ATB Capital raised their target price on Pet Valu from C$39.00 to C$40.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. CIBC raised their target price on Pet Valu from C$29.00 to C$33.00 in a report on Wednesday, March 5th. Stifel Canada upgraded Pet Valu from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 10th. Cormark upgraded Pet Valu from a "hold" rating to a "moderate buy" rating in a report on Wednesday, May 7th. Finally, Barclays lifted their price objective on Pet Valu from C$27.00 to C$32.00 in a report on Wednesday, March 5th. Seven analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of C$34.33.
Get Our Latest Research Report on Pet Valu
Pet Valu Trading Up 0.9%
The firm has a market cap of C$2.28 billion, a price-to-earnings ratio of 26.41 and a beta of 0.81. The stock has a 50-day moving average of C$28.84 and a 200-day moving average of C$26.57.
Pet Valu Increases Dividend
The business also recently disclosed 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 dividend on an annualized basis and a yield of 1.50%. This is a positive change from Pet Valu's previous quarterly dividend of $0.11. Pet Valu's payout ratio is currently 36.27%.
About Pet Valu
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Pet Valu, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pet Valu wasn't on the list.
While Pet Valu currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for June 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
