Pets at Home Group (LON:PETS) Reaches New 12-Month Low – Here’s Why

Pets at Home Group Plc (LON:PETS)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 174.10 and last traded at GBX 174.10, with a volume of 11817947 shares trading hands. The stock had previously closed at GBX 181.60.

Wall Street Analyst Weigh In

Several research firms have commented on PETS. Deutsche Bank Aktiengesellschaft boosted their target price on Pets at Home Group from GBX 215 to GBX 230 and gave the stock a “buy” rating in a report on Friday, November 28th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 245 price target on shares of Pets at Home Group in a research report on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Pets at Home Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 236.25.

Pets at Home Group Stock Performance

The company has a market capitalization of £771.47 million, a PE ratio of 10.51, a price-to-earnings-growth ratio of 2.66 and a beta of 1.13. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 41.04. The business’s fifty day moving average is GBX 204.40 and its two-hundred day moving average is GBX 207.33.

Pets at Home Group Company Profile

We are the UK’s leading pet care business, providing pet owners with everything they need to be able to look after their pet – from food, toys and bedding, and grooming services, right the way through to first opinion veterinary care.

Our stores represent a unique environment and provide a practical, fun and unique experience for pet owners. We’ll help owners select the right food for their pet with nutrition consultations, help test the water is safe for their fish tank before new fish are introduced, and help socialise a new puppy with socilaisation and training classes – and much more.