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PetSmart (NASDAQ:PETM) has received a consensus recommendation of “Hold” from the sixteen ratings firms that are covering the company, AnalystRatings.Net reports. Three investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $61.72.

PetSmart (NASDAQ:PETM) opened at 68.50 on Tuesday. PetSmart has a one year low of $55.00 and a one year high of $77.32. The stock’s 50-day moving average is $68.06 and its 200-day moving average is $65.30. The company has a market cap of $6.796 billion and a price-to-earnings ratio of 16.84.

PetSmart (NASDAQ:PETM) last announced its earnings results on Wednesday, May 21st. The company reported $1.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.01 by $0.03. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the company posted $0.98 earnings per share. PetSmart’s revenue was up 1.1% compared to the same quarter last year. Analysts expect that PetSmart will post $4.32 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of PetSmart from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. They now have a $70.20 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of PetSmart in a research note on Thursday, July 17th. They now have a $60.00 price target on the stock, up previously from $50.00. Finally, analysts at RBC Capital downgraded shares of PetSmart from an “outperform” rating to a “sector perform” rating in a research note on Thursday, July 17th. They now have a $66.00 price target on the stock.

PetSmart, Inc (NASDAQ:PETM) is a specialty provider of pet products and services in North America.

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