Q4 Earnings Estimate for Pet Valu Issued By Atb Cap Markets

Pet Valu Holdings Ltd. (TSE:PET) – Atb Cap Markets reduced their Q4 2024 earnings per share estimates for shares of Pet Valu in a note issued to investors on Tuesday, November 5th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $0.40 per share for the quarter, down from their prior 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) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of C$267.68 million. Pet Valu had a return on equity of 128.24% and a net margin of 7.64%.

Other analysts have also issued research reports about the stock. 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. Cormark downgraded Pet Valu from a “moderate buy” rating to a “hold” rating in a research report on Wednesday. Barclays reduced their target price on Pet Valu from C$28.00 to C$27.00 in a research report on Wednesday. Cibc World Mkts upgraded Pet Valu to a “strong-buy” rating in a report on Wednesday, August 7th. Finally, Royal Bank of Canada increased their price objective on shares of Pet Valu from C$34.00 to C$35.00 in a report on Wednesday.

Pet Valu Price Performance

Pet Valu stock opened at C$24.95 on Thursday. The business’s 50-day moving average price is C$25.51. The firm has a market cap of C$1.79 billion, a PE ratio of 21.89 and a beta of 0.81. Pet Valu has a 12-month low of C$23.58 and a 12-month high of C$32.90.

Pet Valu Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Friday, November 29th. Pet Valu’s dividend payout ratio (DPR) is presently 38.60%.

About Pet Valu

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.