Pets at Home Group (LON:PETS) Sets New 1-Year Low – Time to Sell?

Pets at Home Group Plc (LON:PETS) shares hit a new 52-week low on Wednesday . The stock traded as low as GBX 167.20 and last traded at GBX 170.14, with a volume of 704385 shares. The stock had previously closed at GBX 172.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on PETS shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 230 price objective on shares of Pets at Home Group in a report on Thursday, May 28th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 265 price target on shares of Pets at Home Group in a research report on Wednesday, May 27th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 245 price objective on shares of Pets at Home Group in a research note on Thursday, May 28th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 240.

Pets at Home Group Stock Performance

The company has a debt-to-equity ratio of 40.77, a quick ratio of 0.57 and a current ratio of 0.61. The stock has a fifty day simple moving average of GBX 184.16 and a two-hundred day simple moving average of GBX 194.33. The stock has a market cap of £763.82 million, a PE ratio of 12.70, a PEG ratio of 2.66 and a beta of 1.08.

Pets at Home Group (LON:PETS) last posted its quarterly earnings data on Wednesday, May 27th. The company reported GBX 14.80 earnings per share (EPS) for the quarter. The company had revenue of GBX 146.96 billion for the quarter. Pets at Home Group had a net margin of 4.29% and a return on equity of 6.50%. Equities analysts anticipate that Pets at Home Group Plc will post 22.67844 EPS for the current fiscal year.

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.