FY2026 Earnings Forecast for Pet Valu Issued By Desjardins

Pet Valu Holdings Ltd. (TSE:PET) – Desjardins issued their FY2026 EPS estimates for shares of Pet Valu in a research note issued on Tuesday, November 5th. Desjardins analyst C. Li expects that the company will earn $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 released its earnings results on Tuesday, November 5th. The company reported C$0.41 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 during 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%.

Other equities research analysts have also issued reports about the company. Raymond James cut their target price on Pet Valu from C$36.00 to C$34.00 in a research report on Wednesday. TD Securities cut their price objective on Pet Valu from C$32.00 to C$30.00 and set a “buy” rating on the stock in a report on Wednesday. Cormark cut shares of Pet Valu from a “moderate buy” rating to a “hold” rating in a report on Wednesday. Cibc World Mkts raised shares of Pet Valu to a “strong-buy” rating in a research report on Wednesday, August 7th. Finally, Barclays reduced their price target on shares of Pet Valu from C$28.00 to C$27.00 in a research report on Wednesday.

Pet Valu Price Performance

Shares of TSE:PET opened at C$25.84 on Friday. The firm has a market cap of C$1.85 billion, a P/E ratio of 22.67 and a beta of 0.81. The firm’s fifty day moving average is C$25.57. Pet Valu has a one year low of C$23.58 and a one year high of C$32.90.

Pet Valu Cuts Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.44 dividend on an annualized basis and a yield of 1.70%. Pet Valu’s 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.