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TSX flat as Wall Street fadesTrump tariff war triggers sell-offMost Anticipated Earnings: IAG-T, BDT-T and more Canadian Companies Reporting Earnings this Week (Nov 04-08)This summary was created by AI, based on 7 opinions in the last 12 months.
Pet Valu Holdings (PET-T) has garnered mixed reviews, with analysts highlighting both its growth prospects and recent challenges. Despite experiencing stagnation and flat shares over the past year, the company reported a significant 28% increase in net income, is expanding its operations with the opening of new stores and distribution centers, and shows growing cash reserves while reducing debt. Analysts point out that the company's stock is trading at an attractive price-to-earnings ratio, making it a potential buy for long-term investors, especially given its strong EBITDA margins and healthy cash flow. However, some caution is advised due to recent quarterly misses and the competitive landscape of the pet supply industry, emphasizing the need for disciplined investment strategies like trailing stop-loss orders.
Canada's largest retailer in the space. Industry growth driven by pet adoption, and higher spending per pet. Really strong 22% EBITDA margins. Healthy free cashflow, reinvested in opening new stores and distribution centres. Consistently beats consensus.
Same-store sales growth has slowed since pandemic moves. Stock's corrected to 19x earnings, really good buy considering earnings quality and plans for growth. Yield is 1.4%.
Is the leading pet retailer in Canada as pet adoption continues to grow. This business is recession-proof. The valuation had to come in. Organic same-store sales growth has slowed a little, but management has delivered by expanding store count in underserved markets. The PE has fallen from 30x to 15x and now is 17-20x, which is reasonable considering growth potential and cash flow.
It is a good price so he is adding more. It works on a franchise basis, has good management, and it is the only company expanding outside city centres. The only overhang is a big private equity company that owns a controlling position has been peeling off stock. However there is healthy organic growth going forward. Lots of pets were bought during the pandemic and they need food.
Pet Value reported better-than-expected adjusted earnings per share but lower-than-expected same-store sales growth. Adjusted EPS of $0.36 declined 7% year-over-year missing estimates of $0.34. Same-store sales growth came in at 6%, driven by a 4.8% increase in transaction count. Revenue increased 13% year-over-year to $256.4 million, missing estimates slightly of $257.2 million. Adjusted EBITDA rose 4%, while the street called for a 1% decline. Gross margin improved by 1.5% year-over-year to 36.1% vs consensus of 34.6%. Management left the 2023 guidance unchanged at revenue of $1.05 to $1.08 million, same-store sales growth of 7% to 10%, and new store operations of 40-50 stores. The quarter overall was a miss and the guidance came in slightly lower than consensus.
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Leading pet supplies in Canada by far. Covid drove pet adoption and they need to be fed. There's higher spending per pet, too. He bought on a dip. They are growing double-digit growth and have raised guidance. Keep beating the street. A recession-resistant business.
(Analysts’ price target is $45.17)Pet Valu Holdings is a Canadian stock, trading under the symbol PET-T on the Toronto Stock Exchange (PET-CT). It is usually referred to as TSX:PET or PET-T
In the last year, 2 stock analysts published opinions about PET-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Pet Valu Holdings.
Pet Valu Holdings was recommended as a Top Pick by on . Read the latest stock experts ratings for Pet Valu Holdings.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Pet Valu Holdings In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Pet Valu Holdings (PET-T) stock closed at a price of $26.83.
Our PAST TOP PICK with PET is stagnating. To remain disciplined, we recommend trailing up the stop (from $18) to $20 at this time.