Cormark Weighs in on Pet Valu’s FY2026 Earnings (TSE:PET)

Pet Valu Holdings Ltd. (TSE:PET) – Analysts at Cormark decreased their FY2026 EPS estimates for shares of Pet Valu in a research note issued to investors on Wednesday, May 7th. Cormark analyst K. Mcphee now anticipates that the company will post earnings per share of $1.67 for the year, down from their prior forecast of $1.68. Cormark 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 analysts have also weighed in on PET. Raymond James raised their price objective on Pet Valu from C$34.00 to C$36.00 and gave the company an “outperform” rating in a research report on Wednesday. Royal Bank of Canada lifted their price target on Pet Valu from C$34.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Wednesday. Barclays increased their price objective on shares of Pet Valu from C$27.00 to C$32.00 in a research report on Wednesday, March 5th. National Bankshares upped their target price on shares of Pet Valu from C$30.00 to C$33.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, CIBC raised their price target on shares of Pet Valu from C$29.00 to C$33.00 in a research report on Wednesday, March 5th. Eight equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$34.33.

Pet Valu Stock Performance

PET stock opened at C$30.06 on Friday. The firm has a 50 day moving average price of C$26.12 and a 200-day moving average price of C$25.77. Pet Valu has a 52-week low of C$22.53 and a 52-week high of C$30.74. The firm has a market capitalization of C$2.14 billion, a price-to-earnings ratio of 24.78 and a beta of 0.81.

About Pet Valu

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.