Latest news with #PetValuHoldings
CTV News
6 days ago
- Business
- CTV News
Pet Valu Holdings announces Greg Ramier as new CEO, reports Q2 profit of $21.8M
A Pet Valu store is pictured in Ottawa, Tuesday, Sept. 13, 2022. THE CANADIAN PRESS/Sean Kilpatrick MARKHAM — Pet Valu Holdings Ltd. says president Greg Ramier will become its CEO later this year. The Markham, Ont.-based retailer says Ramier will replace Richard Maltsbarger in the top job and be appointed to the company's board effective Sept. 21. After that date, Maltsbarger will become a senior advisor tasked with aiding with the leadership transition until he retires on April 4, 2026. The succession plan announcement comes as Pet Valu recorded a second-quarter profit of $21.8 million. That compared with $17.8 million a year earlier. On an adjusted basis, Pet Valu says it earned 38 cents per diluted share in the quarter ended June 28, up from an adjusted profit of 36 cents per diluted share a year ago. Revenue for the quarter totalled $280.6 million, up from $265.2 million a year ago. This report by The Canadian Press was first published Aug. 5, 2025.
Yahoo
6 days ago
- Business
- Yahoo
Pet Valu Holdings announces Greg Ramier as new CEO, reports Q2 profit of $21.8M
MARKHAM — Pet Valu Holdings Ltd. says president Greg Ramier will become its CEO later this year. The Markham, Ont.-based retailer says Ramier will replace Richard Maltsbarger in the top job and be appointed to the company's board effective Sept. 21. After that date, Maltsbarger will become a senior advisor tasked with aiding with the leadership transition until he retires on April 4, 2026. The succession plan announcement comes as Pet Valu recorded a second-quarter profit of $21.8 million. That compared with $17.8 million a year earlier. On an adjusted basis, Pet Valu says it earned 38 cents per diluted share in the quarter ended June 28, up from an adjusted profit of 36 cents per diluted share a year ago. Revenue for the quarter totalled $280.6 million, up from $265.2 million a year ago. This report by The Canadian Press was first published Aug. 5, 2025. Companies in this story: (TSX:PET) The Canadian Press
Yahoo
24-05-2025
- Business
- Yahoo
Pet Valu Holdings (TSE:PET) Is Paying Out A Dividend Of CA$0.12
Pet Valu Holdings Ltd. (TSE:PET) will pay a dividend of CA$0.12 on the 16th of June. This means the annual payment will be 1.6% of the current stock price, which is lower than the industry average. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. However, Pet Valu Holdings' earnings easily cover the dividend. This means that most of its earnings are being retained to grow the business. The next year is set to see EPS grow by 17.4%. Assuming the dividend continues along recent trends, we think the payout ratio could be 42% by next year, which is in a pretty sustainable range. Check out our latest analysis for Pet Valu Holdings Looking back, the dividend has been stable, but the company hasn't been paying a dividend for very long so we can't be confident that the dividend will remain stable through all economic environments. The dividend has gone from an annual total of CA$0.04 in 2021 to the most recent total annual payment of CA$0.48. This works out to be a compound annual growth rate (CAGR) of approximately 86% a year over that time. We're not overly excited about the relatively short history of dividend payments, however the dividend is growing at a nice rate and we might take a closer look. Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. Let's not jump to conclusions as things might not be as good as they appear on the surface. Over the past three years, it looks as though Pet Valu Holdings' EPS has declined at around 5.1% a year. A modest decline in earnings isn't great, and it makes it quite unlikely that the dividend will grow in the future unless that trend can be reversed. Earnings are forecast to grow over the next 12 months and if that happens we could still be a little bit cautious until it becomes a pattern. In summary, while it's good to see that the dividend hasn't been cut, we are a bit cautious about Pet Valu Holdings' payments, as there could be some issues with sustaining them into the future. The payments haven't been particularly stable and we don't see huge growth potential, but with the dividend well covered by cash flows it could prove to be reliable over the short term. This company is not in the top tier of income providing stocks. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For instance, we've picked out 1 warning sign for Pet Valu Holdings that investors should take into consideration. Is Pet Valu Holdings not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
09-05-2025
- Business
- Yahoo
Pet Valu Holdings Ltd. (TSE:PET) Released Earnings Last Week And Analysts Lifted Their Price Target To CA$34.39
It's been a good week for Pet Valu Holdings Ltd. (TSE:PET) shareholders, because the company has just released its latest first-quarter results, and the shares gained 9.9% to CA$30.52. Pet Valu Holdings reported in line with analyst predictions, delivering revenues of CA$279m and statutory earnings per share of CA$1.21, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Pet Valu Holdings after the latest results. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Taking into account the latest results, the most recent consensus for Pet Valu Holdings from nine analysts is for revenues of CA$1.18b in 2025. If met, it would imply a modest 6.0% increase on its revenue over the past 12 months. Per-share earnings are expected to accumulate 5.0% to CA$1.37. In the lead-up to this report, the analysts had been modelling revenues of CA$1.18b and earnings per share (EPS) of CA$1.35 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates. See our latest analysis for Pet Valu Holdings With the analysts reconfirming their revenue and earnings forecasts, it's surprising to see that the price target rose 6.0% to CA$34.39. It looks as though they previously had some doubts over whether the business would live up to their expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Pet Valu Holdings analyst has a price target of CA$40.00 per share, while the most pessimistic values it at CA$32.00. This is a very narrow spread of estimates, implying either that Pet Valu Holdings is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 8.1% growth on an annualised basis. That is in line with its 9.3% annual growth over the past three years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 9.3% per year. It's clear that while Pet Valu Holdings' revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself. The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time. With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Pet Valu Holdings analysts - going out to 2027, and you can see them free on our platform here. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Pet Valu Holdings that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
16-04-2025
- Business
- Yahoo
Positive week for Pet Valu Holdings Ltd. (TSE:PET) institutional investors who lost 14% over the past year
Given the large stake in the stock by institutions, Pet Valu Holdings' stock price might be vulnerable to their trading decisions A total of 3 investors have a majority stake in the company with 54% ownership Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. If you want to know who really controls Pet Valu Holdings Ltd. (TSE:PET), then you'll have to look at the makeup of its share registry. With 42% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Institutional investors would appreciate the 12% increase in share price last week, given their one-year losses have totalled a disappointing 14%. In the chart below, we zoom in on the different ownership groups of Pet Valu Holdings. View our latest analysis for Pet Valu Holdings Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in Pet Valu Holdings. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Pet Valu Holdings' earnings history below. Of course, the future is what really matters. Pet Valu Holdings is not owned by hedge funds. Roark Capital Management LLC is currently the largest shareholder, with 34% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 15% and 4.6%, of the shares outstanding, respectively. After doing some more digging, we found that the top 3 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our data suggests that insiders own under 1% of Pet Valu Holdings Ltd. in their own names. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around CA$7.5m worth of shares (at current prices). It is good to see board members owning shares, but it might be worth checking if those insiders have been buying. With a 23% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Pet Valu Holdings. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. With a stake of 34%, private equity firms could influence the Pet Valu Holdings board. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and -- as the name suggests -- don't invest in public companies much. After some time they may look to sell and redeploy capital elsewhere. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Pet Valu Holdings , and understanding them should be part of your investment process. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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