Desjardins Weighs in on Pet Valu Holdings Ltd.’s FY2024 Earnings (TSE:PET)

Pet Valu Holdings Ltd. (TSE:PET) – Analysts at Desjardins cut their FY2024 earnings per share estimates for Pet Valu in a note issued to investors on Tuesday, August 6th. Desjardins analyst C. Li now anticipates that the company will post earnings of $1.50 per share for the year, down from their previous estimate of $1.57. Desjardins also issued estimates for Pet Valu’s Q4 2024 earnings at $0.46 EPS and FY2025 earnings at $1.65 EPS.

A number of other analysts also recently weighed in on PET. Barclays raised shares of Pet Valu to a “strong-buy” rating in a report on Wednesday. Cibc World Mkts raised Pet Valu to a “strong-buy” rating in a research note on Wednesday.

Pet Valu Trading Down 0.7 %

Shares of TSE:PET traded down C$0.16 during trading on Thursday, reaching C$24.17. 440 shares of the company traded hands, compared to its average volume of 71,956. Pet Valu has a 52 week low of C$23.52 and a 52 week high of C$32.90.

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.