Pet Valu (PET) Stock Price, News & Analysis

Company Overview

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. In addition, the company offers in-store services, including self-serve dog washes and grooming salons; and sells live animals, such as fish, birds, reptiles, and other small animals. It provides its products through own and franchise stores, as well as online. The company was formerly known as Pet Retail Brands Ltd and changed its name to Pet Valu Holdings Ltd. in April 2021. Pet Valu Holdings Ltd. was founded in 1976 and is headquartered in Markham, Canada.

Key Stats

• Today's Range: C$24.34 to C$24.88
• 50-Day Range: C$24.56 to C$27.44
• 52-Week Range: C$23.58 to C$32.90
• Volume: 70,742 shs
• Average Volume: 72,759 shs
• Market Capitalization: C$1.77 billion
• P/E Ratio: 21.73
• Dividend Yield: 1.78%
• Price Target: C$31.50
• Consensus Rating: Buy

Pet Valu Stock Analysis - MarketRank™

Pet Valu scored higher than 67% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Pet Valu has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Pet Valu has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Pet Valu is 21.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pet Valu is 21.73, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 346.13.

Price to Book Value per Share Ratio

Pet Valu has a P/B Ratio of 18.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PET.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Pet Valu pays a meaningful dividend of 1.71%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Pet Valu does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Pet Valu is 38.60%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PET.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Pet Valu has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Consumer Cyclical companies.

Search Interest

9 people have searched for PET on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Pet Valu insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.29% of the stock of Pet Valu is held by insiders.

Percentage Held by Institutions

76.19% of the stock of Pet Valu is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PET Stock Analysis - Frequently Asked Questions

How have PET shares performed this year?

Pet Valu's stock was trading at C$24.09 at the beginning of 2024. Since then, PET shares have increased by 2.8% and is now trading at C$24.77.
View the best growth stocks for 2024 here.

How were Pet Valu's earnings last quarter?

Pet Valu Holdings Ltd. (TSE:PET) issued its earnings results on Tuesday, November, 5th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.35 by $0.06. The business earned $276.03 million during the quarter, compared to the consensus estimate of $267.68 million. Pet Valu had a net margin of 7.64% and a trailing twelve-month return on equity of 128.24%.

How do I buy shares of Pet Valu?

Shares of PET stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Pet Valu own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pet Valu investors own include Ashford Hospitality Trust (AHT), Allakos (ALLK), BioXcel Therapeutics (BTAI), Delcath Systems (DCTH), Enanta Pharmaceuticals (ENTA), Karyopharm Therapeutics (KPTI) and Lightspeed Commerce (LSPD).

Company Calendar

• Last Earnings: 11/05/2024
• Ex-Dividend for 12/16 Dividend: 11/29/2024
• Dividend Payable: 12/16/2024
• Today: 12/22/2024
• Dividend Payable: 1/03/2025
• Ex-Dividend for 1/3 Dividend: 1/01/2100

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Cyclical
• Industry: Specialty Retail
• Sub-Industry: Personal Services
• Current Symbol: TSE:PET
• CUSIP: N/A
• CIK: N/A
• Web: www.petvalu.ca
• Phone: (905) 946-1200
• Fax: N/A
• Employees: 90
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$31.50
• High Stock Price Target: C$35.00
• Low Stock Price Target: C$27.00
• Potential Upside/Downside: +27.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.14
• Trailing P/E Ratio: 21.73
• Forward P/E Ratio: 14.73
• P/E Growth: N/A
• Net Income: C$82.10 million
• Net Margins: 7.64%
• Pretax Margin: N/A
• Return on Equity: 128.24%
• Return on Assets: 11.38%

Debt

• Debt-to-Equity Ratio: 791.60
• Current Ratio: 1.37
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$1.08 billion
• Price / Sales: 1.64
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$1.31 per share
• Price / Book: 18.91

Miscellaneous

• Outstanding Shares: 71,550,000
• Free Float: N/A
• Market Cap: C$1.77 billion
• Optionable: N/A
• Beta: 0.81