Pets at Home Group (LON:PETS) Hits New 1-Year Low – Here’s Why

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

Wall Street Analyst Weigh In

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

Pets at Home Group Stock Up 0.7%

The company has a market capitalization of £803.75 million, a P/E ratio of 10.95, a PEG ratio of 2.66 and a beta of 1.13. The company has a debt-to-equity ratio of 41.04, a current ratio of 0.63 and a quick ratio of 0.57. The company has a 50 day moving average of GBX 203.83 and a 200-day moving average of GBX 206.69.

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.