Cormark Has Negative Estimate for Pet Valu FY2026 Earnings

Pet Valu Holdings Ltd. (TSE:PET) – Equities researchers at Cormark lowered their FY2026 EPS estimates for Pet Valu in a research note issued on Wednesday, May 7th. Cormark analyst K. Mcphee now forecasts that the company will post earnings of $1.67 per share for the year, down from their prior estimate of $1.68. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Pet Valu’s current full-year earnings is $1.68 per share.

A number of other research firms also recently issued reports on PET. Desjardins dropped their target price on shares of Pet Valu from C$41.00 to C$32.00 and set a “buy” rating on the stock in a research report on Wednesday. Barclays upped their price objective on shares of Pet Valu from C$27.00 to C$32.00 in a report on Wednesday, March 5th. TD Securities boosted their target price on Pet Valu from C$32.00 to C$35.00 and gave the company a “buy” rating in a research report on Wednesday. Stifel Nicolaus increased their price target on Pet Valu from C$28.50 to C$33.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Stifel Canada upgraded Pet Valu from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 10th. Eight investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Pet Valu has a consensus rating of “Buy” and a consensus target price of C$34.33.

Pet Valu Trading Down 1.5 %

Shares of PET opened at C$30.06 on Friday. The firm’s fifty day simple moving average is C$26.12 and its two-hundred day simple moving average is C$25.76. Pet Valu has a 12 month low of C$22.53 and a 12 month high of C$30.74. The stock has a market capitalization of C$2.14 billion, a P/E ratio of 24.78 and a beta of 0.81.

Pet Valu Company Profile

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.