Rating Buzzer: Pets At Home Group Plc (LON:PETS) Shares Rise as Beaufort Securities Reiterates Buy Rating

November 25, 2016 - By Hazel Jackson

Pets At Home Group Plc (LON:PETS) Rating

The stock rating of Pets At Home Group Plc (LON:PETS) was kept by stock analysts at Beaufort Securities. This was revealed to investors in an analyst report on Friday morning.

Pets at Home Group PLC (LON:PETS) Ratings Coverage

Out of 8 analysts covering Pets At Home Group Plc (LON:PETS), 6 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 75% are positive. GBX 360 is the highest target while GBX 200 is the lowest. The GBX 276.57 average target is 25.10% above today’s (GBX 221.08) stock price. Pets At Home Group Plc has been the topic of 50 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, May 24 by HSBC. The stock has “Buy” rating given by Beaufort Securities on Friday, April 22. Liberum Capital maintained the stock with “Buy” rating in Thursday, August 27 report. The rating was maintained by Liberum Capital with “Buy” on Monday, November 30. The firm has “Buy” rating by Liberum Capital given on Monday, November 2. Liberum Capital maintained it with “Buy” rating and GBX 360 target price in Monday, September 14 report. The firm earned “Buy” rating on Monday, November 23 by Nomura. The stock has “Hold” rating given by Berenberg on Thursday, February 25. As per Monday, July 27, the company rating was maintained by Nomura. The company was maintained on Tuesday, November 17 by Liberum Capital.

About 243,505 shares traded hands. Pets at Home Group PLC (LON:PETS) has declined 9.48% since April 28, 2016 and is downtrending. It has underperformed by 14.89% the S&P500.

Analysts await Petmed Express Inc (NASDAQ:PETS) to report earnings on January, 23. They expect $0.24 earnings per share, 0.00% or $0.00 from last year’s $0.24 per share. PETS’s profit will be $4.97 million for 22.98 P/E if the $0.24 EPS becomes a reality. After $0.24 actual earnings per share reported by Petmed Express Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Insitutional Activity: The institutional sentiment increased to 1.03 in 2016 Q2. Its up 0.15, from 0.88 in 2016Q1. The ratio improved, as 17 funds sold all Pets at Home Group PLC shares owned while 51 reduced positions. 19 funds bought stakes while 41 increased positions. They now own 14.80 million shares or 6.13% less from 15.76 million shares in 2016Q1.

Teachers owns 53,589 shares or 0% of their US portfolio. Blackrock Advisors Ltd Liability Corp accumulated 9,830 shares or 0% of the stock. Arizona State Retirement Systems, a Arizona-based fund reported 10,467 shares. Smithfield Tru Co has 0% invested in the company for 290 shares. Price T Rowe Assoc Md owns 16,662 shares or 0% of their US portfolio. Allianz Asset Mgmt Ag, a Germany-based fund reported 215,159 shares. Great West Life Assurance Can holds 5,800 shares or 0% of its portfolio. Capital One Natl Association accumulated 0.05% or 30,828 shares. Panagora Asset Management Inc accumulated 0% or 5,864 shares. Connor Clark & Lunn Ltd holds 0.01% or 46,900 shares in its portfolio. C M Bidwell last reported 9,495 shares in the company. Gsa Prtn Llp holds 90,220 shares or 0.09% of its portfolio. Dekabank Deutsche Girozentrale last reported 0% of its portfolio in the stock. First Citizens Bank & has 0.03% invested in the company for 19,538 shares. D E Shaw & Inc holds 0% or 106,995 shares in its portfolio.

Insider Transactions: Since August 8, 2016, the stock had 0 buys, and 10 selling transactions for $2.00 million net activity. Another trade for 3,000 shares valued at $65,250 was sold by ROSENBLOOM BRUCE S. Another trade for 4,500 shares valued at $92,355 was sold by SCHWEITZER ROBERT C. The insider AKDAG MENDERES sold $865,000. 10,000 Pets at Home Group PLC (LON:PETS) shares with value of $217,500 were sold by FORMICA FRANK J.

Pets at Home Group Plc is a United Kingdom holding company. The company has a market cap of 1.11 billion GBP. The Firm is a retailer of pet food, pet products and pet-related services. It has a 14.51 P/E ratio. The Firm is also the operator of an animal veterinary business and pet grooming salons and the multi-channel equestrian retailer, Ride-away.

According to Zacks Investment Research, “Petmed Express is America’s largest pet pharmacy, delivering prescription and non-prescription pet medications and health and nutritional supplements for dogs and cats at competitive prices direct to the consumer through its 1-800-PetMeds toll free number and on the Internet.”

PETS Company Profile

PetMed Express, Inc. (PetMed Express), doing business as 1800PetMeds, incorporated on January 3, 1997, is a pet pharmacy. The Firm markets prescription and non-prescription pet medications, and other health products for dogs and cats, direct to the consumer. The Firm offers a selection of products for dogs and cats. The Company’s product line contains approximately 3,000 stock keeping units (SKUS) of pet medications, health products and supplies.

Another recent and important Pets at Home Group PLC (LON:PETS) news was published by Bloomberg.com which published an article titled: “Brexit Delay Bad for Business, Retailer Pets at Home Says” on November 24, 2016.

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