Pets at Home Group (LON:PETS) Insider Natalie `Jane Buys 2,525 Shares

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

Pets at Home Group Stock Up 0.5%

PETS stock opened at GBX 199.53 on Thursday. The company has a market capitalization of £881.62 million, a P/E ratio of 14.67, a price-to-earnings-growth ratio of 2.66 and a beta of 1.09. The firm’s fifty day simple moving average is GBX 184.64 and its 200-day simple moving average is GBX 191.97. The company has a debt-to-equity ratio of 40.77, a current ratio of 0.61 and a quick ratio of 0.57. Pets at Home Group Plc has a 12 month low of GBX 167.20 and a 12 month high of GBX 249.80.

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

Pets at Home Group announced that its board has approved a stock buyback program on Wednesday, June 24th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

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