Pets at Home Group (LON:PETS) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Pets at Home Group Plc (LON:PETS) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 184.83 and traded as high as GBX 187.20. Pets at Home Group shares last traded at GBX 184.75, with a volume of 949,941 shares trading hands.

Analyst Ratings Changes

PETS has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 230 price target on shares of Pets at Home Group in a research report on Thursday, May 28th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 265 price target on shares of Pets at Home Group in a research report on Wednesday, May 27th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 245 price target on shares of Pets at Home Group in a research report on Thursday, May 28th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 240.

Pets at Home Group Stock Up 1.0%

The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 40.77. The stock has a market capitalization of £829.39 million, a PE ratio of 13.79, a P/E/G ratio of 2.66 and a beta of 1.07. The stock’s fifty day simple moving average is GBX 184.83 and its 200-day simple moving average is GBX 197.07.

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 firm 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%. As a group, sell-side analysts forecast that Pets at Home Group Plc will post 22.67844 EPS for the current fiscal 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.