FY2025 EPS Estimates for Pet Valu Increased by Stifel Canada

Key Points

• Stifel Canada has raised its earnings per share (EPS) estimate for Pet Valu to $1.69 for FY2025, up from the previous estimate of $1.64, maintaining a "Strong-Buy" rating on the stock.
• The company recently declared an increased quarterly dividend of $0.12, up from $0.11, reflecting a 1.3% yield based on an annualized payout of $0.48.
• Multiple analysts have raised their price targets for Pet Valu, with the consensus price target now at C$40.22, indicating strong market support for the stock.

Pet Valu Holdings Ltd. (TSE:PET - Free Report) - Analysts at Stifel Canada raised their FY2025 EPS estimates for shares of Pet Valu in a research note issued to investors on Tuesday, August 5th. Stifel Canada analyst M. Landry now expects that the company will earn $1.69 per share for the year, up from their previous forecast of $1.64. The consensus estimate for Pet Valu's current full-year earnings is $1.68 per share. Stifel Canada also issued estimates for Pet Valu's Q4 2025 earnings at $0.55 EPS and FY2026 earnings at $1.89 EPS.

A number of other research analysts have also recently issued reports on the stock. TD Securities lifted their price objective on shares of Pet Valu from C$35.00 to C$44.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Royal Bank Of Canada boosted their price target on shares of Pet Valu from C$35.00 to C$41.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. ATB Capital raised their price objective on shares of Pet Valu from C$40.00 to C$41.00 and gave the company an "outperform" rating in a research report on Wednesday, August 6th. National Bankshares increased their target price on shares of Pet Valu from C$38.00 to C$41.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Finally, Cormark raised shares of Pet Valu from a "hold" rating to a "moderate buy" rating in a report on Wednesday, May 7th. Nine research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of C$40.22.

Pet Valu Stock Up 1.7%

Shares of PET stock traded up C$0.60 during trading hours on Thursday, hitting C$36.57. 42,594 shares of the company's stock traded hands, compared to its average volume of 106,707. Pet Valu has a 12 month low of C$22.53 and a 12 month high of C$36.86. The stock's 50 day simple moving average is C$33.15 and its 200 day simple moving average is C$28.76. The stock 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 company also recently declared a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 16th were issued 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 dividend yield of 1.3%. This is an increase from Pet Valu's previous quarterly dividend of $0.11. Pet Valu's 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.