The Canadian pet food and supply retailer has seen a significant decline in its share price, reaching a new 52-week low on Monday morning. The company’s stock price plummeted to C$23.30 during mid-day trading, with a final price of C$23.41 and a trading volume of 35,535 shares.
Analysts’ Views on Pet Valu Stock
Analysts have been updating their price targets for Pet Valu shares, with various institutions offering differing opinions. Some of the notable updates include:
- Stifel Nicolaus raised their price target from C$27.50 to C$28.50
- CIBC lifted their target price from C$29.00 to C$33.00
- Barclays boosted their price target from C$27.00 to C$32.00
- TD Securities raised their price target from C$30.00 to C$32.00 and gave the company a “buy” rating
These updates reflect a general consensus among analysts, with an average rating of “Buy” and a consensus target price of C$32.42.
Pet Valu’s Market Performance
The company’s market capitalization is C$1.68 billion, with a price-to-earnings ratio of 19.51 and a beta of 0.81. The 50-day simple moving average is C$25.20, while the two-hundred day simple moving average is C$25.60.
| Pet Valu’s Market Data | Market Capitalization | Price-to-Earnings Ratio | Beta |
| C$1.68 billion | 19.51 | 0.81 |
Pet Valu Company Profile
Pet Valu Holdings Ltd is a Canadian company that provides pet-related products through its stores. The company offers a range of products, including:
- Dry Food
- Wet Food
- Frozen raw food
- Jerky Treats
- Training treats
In addition to its product offerings, Pet Valu also provides various services, such as:
- Dog Wash
- Adoption
- Grooming
- Frozen Raw
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Pet Valu Stock Down 2.4%
Pet Valu’s stock price has declined by 2.4% over the past week, with a significant drop in its share price on Monday. The company’s stock price has been under pressure due to various factors, including changes in consumer spending habits and increased competition in the pet food market.
Pet Valu Stock Down 2.4%
The decline in Pet Valu’s stock price is largely due to the company’s struggles to adapt to changing consumer preferences and increased competition in the pet food market. The company has been facing challenges in maintaining its market share, and its stock price has been impacted by these factors.
Pet Valu Stock Down 2.4%
The decline in Pet Valu’s stock price is also due to the company’s struggles to manage its debt and increase its revenue. The company’s debt-to-equity ratio is high, and it has been struggling to generate enough revenue to service its debt.
