Pet Valu Holdings Ltd. (TSE:PET - Free Report) - Analysts at Stifel Canada reduced their Q4 2024 earnings per share (EPS) estimates for shares of Pet Valu in a report released on Tuesday, November 5th. Stifel Canada analyst M. Landry now anticipates that the company will post earnings per share of $0.41 for the quarter, down from their previous forecast of $0.46. The consensus estimate for Pet Valu's current full-year earnings is $1.68 per share.
Pet Valu (TSE:PET - Get Free Report) last announced its 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. The business had revenue of C$276.03 million during the quarter, compared to analyst estimates of C$267.68 million. Pet Valu had a net margin of 7.64% and a return on equity of 128.24%.
A number of other analysts also recently weighed in on PET. Cibc World Mkts upgraded Pet Valu to a "strong-buy" rating in a research report on Wednesday, August 7th. Royal Bank of Canada lifted their price target on shares of Pet Valu from C$34.00 to C$35.00 in a research note on Wednesday. Raymond James cut their price objective on shares of Pet Valu from C$36.00 to C$34.00 in a research note on Wednesday. TD Securities decreased their target price on shares of Pet Valu from C$32.00 to C$30.00 and set a "buy" rating on the stock in a research report on Wednesday. Finally, Barclays cut their price target on shares of Pet Valu from C$28.00 to C$27.00 in a research report on Wednesday.
Get Our Latest Stock Analysis on PET
Pet Valu Price Performance
PET stock traded up C$0.42 during mid-day trading on Thursday, hitting C$25.37. 126,091 shares of the stock were exchanged, compared to its average volume of 71,382. The firm's fifty day simple moving average is C$25.54. Pet Valu has a 12 month low of C$23.58 and a 12 month high of C$32.90. The company has a market cap of C$1.82 billion, a PE ratio of 22.25 and a beta of 0.81.
Pet Valu Cuts Dividend
The company 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 dividend on an annualized basis and a yield of 1.73%. Pet Valu's dividend payout ratio is currently 38.60%.
Pet Valu Company Profile
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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.
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