Bullboard - Stock Discussion Forum Pet Valu Holdings Ltd T.PET

Alternate Symbol(s): PTVLF

Pet Valu Holdings Ltd. is a Canada-based specialty retailer and wholesaler of pet food and pet-related supplies. The Company's product offering includes its brands, in-store services and omni-channel capabilities. The Company's pet products specialize for dogs, cats, fish, birds, small pets and reptiles. The Company's local store offers various services, including grooming, adoption and self... see more

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TSX:PET - Post Discussion

Pet Valu Holdings Ltd > Panic-Proof Portfolio

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Post by retiredcf on Jun 28, 2024 6:25am

Panic-Proof Portfolio

TOP PICK

Pet Valu Holdings(PET-T)

27/06/2024

Stockchase Research Editor: Michael O'Reilly

The retailer of pet supplies in Canada opened 11 new stores last quarter, increasing its network to 794, and is targeting a total of 40-50 new stores in 2024. Cash reserves are growing while debt is retired. It trades at 22x earnings and its dividend is backed by a payout ratio under 40% of cash flow. We recommend setting a stop-loss at $21, looking to achieve $37 -- upside potential of 38%. Yield 1.5%

(Analysts’ price target is $37.59)

Specialty Stores

$26.450