Pet Valu (TSE:PET – Get Free Report) had its price objective reduced by stock analysts at Raymond James from C$36.00 to C$34.00 in a report released on Wednesday,BayStreet.CA reports. Raymond James’ target price points to a potential upside of 34.02% from the stock’s previous close. Raymond James also issued estimates for Pet Valu’s Q4 2024 earnings at $0.39 EPS and FY2025 earnings at $1.50 EPS.
A number of other equities analysts have also recently commented on the company. Barclays lowered their price target on Pet Valu from C$28.00 to C$27.00 in a report on Wednesday. Cibc World Mkts raised Pet Valu to a “strong-buy” rating in a research note on Wednesday, August 7th. Finally, Royal Bank of Canada raised their price target on shares of Pet Valu from C$34.00 to C$35.00 in a research note on Wednesday.
View Our Latest Research Report on Pet Valu
Pet Valu Trading Up 1.7 %
Pet Valu (TSE:PET – Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C$0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.35 by C$0.06. Pet Valu had a net margin of 7.64% and a return on equity of 128.24%. The business had revenue of C$276.03 million for the quarter, compared to analysts’ expectations of C$267.68 million. As a group, equities research analysts forecast that Pet Valu will post 1.6820546 EPS for the current fiscal year.
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.
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