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

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

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on PETS shares. Canaccord Genuity Group restated 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. Jefferies Financial Group reiterated a “buy” rating and set a GBX 265 target price on shares of Pets at Home Group in a research note on Wednesday, May 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 230 price target on shares of Pets at Home Group in a research report on Thursday, May 28th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 240.

Pets at Home Group Trading Up 0.5%

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 business’s 50 day moving average price is GBX 184.16 and its 200-day moving average price is GBX 194.33. The firm has a market cap of £763.82 million, a price-to-earnings ratio of 12.70, a price-to-earnings-growth ratio of 2.66 and a beta of 1.08.

Pets at Home Group (LON:PETS) last posted its quarterly earnings results on Wednesday, May 27th. The company reported GBX 14.80 EPS for the quarter. The business 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%. Equities analysts expect that Pets at Home Group Plc will post 22.67844 EPS for the current year.

About Pets at Home Group

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.