Pet Valu (PET) to Release Quarterly Earnings on Tuesday

Pet Valu (TSE:PET) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, November 5th. Analysts expect Pet Valu to post earnings of C$0.35 per share for the quarter.

Pet Valu (TSE:PET) last announced its earnings results on Tuesday, August 6th. The company reported C$0.36 EPS for the quarter, topping the consensus estimate of C$0.33 by C$0.03. The business had revenue of C$265.23 million during the quarter, compared to the consensus estimate of C$266.86 million. Pet Valu had a net margin of 7.64% and a return on equity of 128.24%.

Pet Valu Stock Performance

The company’s fifty day simple moving average is C$25.43. The stock has a market capitalization of C$1.81 billion, a P/E ratio of 22.15 and a beta of 0.81. Pet Valu has a fifty-two week low of C$23.58 and a fifty-two week high of C$32.90.

Pet Valu Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Monday, September 16th were given a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of ∞. The ex-dividend date was Friday, August 30th. Pet Valu’s payout ratio is 38.60%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PET. Barclays upgraded Pet Valu to a “strong-buy” rating in a research note on Wednesday, August 7th. Cibc World Mkts raised shares of Pet Valu to a “strong-buy” rating in a research report on Wednesday, August 7th.

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.