Pet Valu (TSE:PET) Stock Price Expected to Rise, National Bank Financial Analyst Says

Pet Valu (TSE:PET) had its price objective increased by stock analysts at National Bank Financial from C$22.00 to C$23.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 16.10% from the stock’s previous close.

A number of other research firms also recently issued reports on PET. Raymond James Financial reduced their price target on shares of Pet Valu from C$31.50 to C$21.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. Royal Bank Of Canada dropped their price objective on shares of Pet Valu from C$26.00 to C$24.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 28th. Canadian Imperial Bank of Commerce dropped their price objective on shares of Pet Valu from C$28.00 to C$22.00 in a research note on Wednesday, May 13th. Desjardins cut their target price on shares of Pet Valu from C$32.00 to C$26.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Finally, Barclays downgraded Pet Valu from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from C$28.00 to C$17.00 in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$24.89.

Pet Valu Stock Down 3.6%

TSE:PET traded down C$0.73 during trading hours on Wednesday, reaching C$19.81. 171,262 shares of the stock were exchanged, compared to its average volume of 234,890. The firm has a 50 day simple moving average of C$18.75 and a 200-day simple moving average of C$21.63. Pet Valu has a 52 week low of C$16.58 and a 52 week high of C$39.24. The stock has a market capitalization of C$1.35 billion, a P/E ratio of 14.46 and a beta of 1.14.

Pet Valu (TSE:PET) last issued its quarterly earnings results on Tuesday, August 11th. The company reported C$0.37 earnings per share for the quarter. Pet Valu had a return on equity of 117.77% and a net margin of 8.11%.The business had revenue of C$290.68 million during the quarter. As a group, analysts expect that Pet Valu will post 1.6820546 earnings per share for the current year.

Insider Buying and Selling at Pet Valu

In other news, insider Gregory Mark Ramier purchased 2,800 shares of the stock in a transaction dated Thursday, May 21st. The stock was acquired at an average price of C$17.89 per share, for a total transaction of C$50,092.00. Following the completion of the transaction, the insider owned 2,800 shares of the company’s stock, valued at approximately C$50,092. The trade was a ∞ increase in their ownership of the stock. Also, Director Matthew Reindel acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average cost of C$17.09 per share, for a total transaction of C$85,450.00. Following the acquisition, the director owned 5,000 shares in the company, valued at approximately C$85,450. This trade represents a ∞ increase in their ownership of the stock. Over the last three months, insiders have purchased 17,800 shares of company stock worth $308,142. 0.29% of the stock is owned by insiders.

Key Pet Valu News

Here are the key news stories impacting Pet Valu this week:

• Positive Sentiment: Second-quarter revenue increased 3.6% year over year to approximately C$290.7 million, while earnings rose from the prior-year period. The company also reaffirmed its 2026 financial outlook, signaling that management remains confident in its growth plans. Pet Valu posts higher second-quarter profit, revenue
• Positive Sentiment: Pet Valu reported quarterly EPS of C$0.37, with an 8.11% net margin and 117.77% return on equity. The improved profitability provides support for the stock despite broader consumer and macroeconomic pressures. Pet Valu quarterly earnings results
• Neutral Sentiment: Management described the business as resilient and maintained its 2026 outlook, but the earnings call highlighted ongoing macroeconomic headwinds and cautious consumer spending. Pet Valu Q2 2026 earnings call transcript
• Negative Sentiment: Same-store sales were flat, indicating that reported revenue growth was driven more by store expansion and other factors than by stronger customer demand at existing locations. This raises concerns about near-term organic growth. Pet Valu lifts profit and reaffirms 2026 outlook
• Negative Sentiment: Raymond James analyst Michael Glen downgraded Pet Valu to Hold, citing operational resilience but limited visibility, although he raised his price target to C$23. The cautious rating likely contributes to the stock’s decline following the results. Raymond James reiterates Hold on Pet Valu

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.