FY2026 Earnings Estimate for Pet Valu Issued By Desjardins

Pet Valu Holdings Ltd. (TSE:PET) – Desjardins issued their FY2026 earnings per share estimates for shares of Pet Valu in a research note issued to investors on Tuesday, November 5th. Desjardins analyst C. Li expects that the company will post earnings of $1.80 per share for the year. The consensus estimate for Pet Valu’s current full-year earnings is $1.68 per share.

Pet Valu (TSE:PET) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C$0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.35 by C$0.06. The firm had revenue of C$276.03 million for 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 equities analysts have also recently commented on the company. TD Securities reduced their price target on Pet Valu from C$32.00 to C$30.00 and set a “buy” rating for the company in a report on Wednesday. Royal Bank of Canada lifted 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. Raymond James reduced their price target on Pet Valu from C$36.00 to C$34.00 in a report on Wednesday. Finally, Cormark cut Pet Valu from a “moderate buy” rating to a “hold” rating in a report on Wednesday.

Pet Valu Stock Up 1.9 %

Pet Valu stock opened at C$25.84 on Friday. Pet Valu has a fifty-two week low of C$23.58 and a fifty-two week high of C$32.90. The firm has a market cap of C$1.85 billion, a price-to-earnings ratio of 22.67 and a beta of 0.81. The business’s 50-day moving average price is C$25.57.

Pet Valu Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Friday, November 29th. Pet Valu’s dividend payout ratio 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.