Raymond James Has Positive View of Pet Valu FY2025 Earnings

Pet Valu Holdings Ltd. (TSE:PET) – Research analysts at Raymond James increased their FY2025 earnings per share (EPS) estimates for Pet Valu in a report issued on Tuesday, March 4th. Raymond James analyst M. Glen now anticipates that the company will post earnings of $1.63 per share for the year, up from their prior forecast of $1.50. The consensus estimate for Pet Valu’s current full-year earnings is $1.68 per share.

Several other analysts have also weighed in on PET. Stifel Nicolaus upped their price objective on Pet Valu from C$27.50 to C$28.50 in a report on Wednesday. Barclays upped their price target on shares of Pet Valu from C$27.00 to C$32.00 in a report on Wednesday. TD Securities lifted their price objective on shares of Pet Valu from C$30.00 to C$32.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, CIBC increased their target price on shares of Pet Valu from C$29.00 to C$33.00 in a research note on Wednesday. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$32.42.

Pet Valu Stock Performance

Shares of PET opened at C$27.01 on Friday. Pet Valu has a one year low of C$23.32 and a one year high of C$32.74. The stock’s fifty day moving average is C$25.48 and its 200-day moving average is C$25.55. The firm has a market capitalization of C$1.92 billion, a price-to-earnings ratio of 22.27 and a beta of 0.81.

About Pet Valu

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.