Natalie `Jane Acquires 2,525 Shares of Pets at Home Group (LON:PETS) Stock

Pets at Home Group Plc (LON:PETS) insider Natalie `Jane bought 2,525 shares of the company’s stock in a transaction dated Monday, July 20th. The shares were purchased at an average price of GBX 198 per share, with a total value of £4,999.50.

Pets at Home Group Price Performance

Pets at Home Group stock opened at GBX 195.60 on Friday. The business’s 50-day simple moving average is GBX 184.95 and its 200 day simple moving average is GBX 191.97. The stock has a market cap of £864.24 million, a price-to-earnings ratio of 14.38, a P/E/G ratio of 2.66 and a beta of 1.09. Pets at Home Group Plc has a 12-month low of GBX 167.20 and a 12-month high of GBX 249.80. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 40.77.

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

Pets at Home Group declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, June 24th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on PETS shares. Canaccord Genuity Group restated a “buy” rating and issued a GBX 245 price objective on shares of Pets at Home Group in a report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 230 target price on shares of Pets at Home Group in a research report on Thursday, May 28th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 265 price target on shares of Pets at Home Group in a research note on Monday, July 6th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Pets at Home Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 240.

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.