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Q4 Earnings Forecast for Pet Valu Issued By Atb Cap Markets

Pet Valu Holdings Ltd. (TSE:PET - Free Report) - Stock analysts at Atb Cap Markets dropped their Q4 2024 EPS estimates for Pet Valu in a research report issued on Tuesday, November 5th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings per share of $0.40 for the quarter, down from their previous estimate of $0.44. The consensus estimate for Pet Valu's current full-year earnings is $1.68 per share. Atb Cap Markets also issued estimates for Pet Valu's Q2 2025 earnings at $0.33 EPS, Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.48 EPS and FY2025 earnings at $1.54 EPS.

Pet Valu (TSE:PET - Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.35 by C$0.06. Pet Valu had a return on equity of 128.24% and a net margin of 7.64%. The business had revenue of C$276.03 million during the quarter, compared to the consensus estimate of C$267.68 million.

A number of other research analysts have also recently issued reports on PET. Cibc World Mkts upgraded Pet Valu to a "strong-buy" rating in a report on Wednesday, August 7th. Royal Bank of Canada boosted their price target on Pet Valu from C$34.00 to C$35.00 in a report on Wednesday. Barclays reduced their price target on Pet Valu from C$28.00 to C$27.00 in a report on Wednesday. Cormark cut Pet Valu from a "moderate buy" rating to a "hold" rating in a report on Wednesday. Finally, Raymond James reduced their price target on Pet Valu from C$36.00 to C$34.00 in a report on Wednesday.

Check Out Our Latest Stock Report on PET

Pet Valu Stock Performance

Shares of TSE PET traded up C$0.42 during mid-day trading on Thursday, reaching C$25.37. The company had a trading volume of 126,091 shares, compared to its average volume of 71,382. Pet Valu has a one year low of C$23.58 and a one year high of C$32.90. The firm has a market cap of C$1.82 billion, a price-to-earnings ratio of 22.25 and a beta of 0.81. The company has a 50-day moving average price of C$25.54.

Pet Valu Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.44 annualized dividend and a yield of 1.73%. Pet Valu's dividend payout ratio (DPR) is currently 38.60%.

Pet Valu Company Profile

(Get Free Report)

Pet Valu Holdings Ltd. engages in the retail and wholesale of pet foods and pet-related supplies for dogs, cats, fish, birds, reptiles, and small animals in Canada. It offers food and treats for dogs and cats, cat litter, dog and cat toys, collars and leashes, health and wellness solutions, waste management solutions, pet cages and carriers, flea and tick products, and pet apparel and other related accessories.

Further Reading

Earnings History and Estimates for Pet Valu (TSE:PET)

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