Insider Buying: Pets at Home Group (LON:PETS) Insider Buys £4,999.50 in Stock

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

Pets at Home Group Price Performance

Shares of LON:PETS opened at GBX 192.99 on Friday. Pets at Home Group Plc has a fifty-two week low of GBX 167.20 and a fifty-two week high of GBX 249.80. The business has a 50-day simple moving average of GBX 185.26 and a two-hundred day simple moving average of GBX 191.98. 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 firm has a market cap of £852.70 million, a price-to-earnings ratio of 14.19, a price-to-earnings-growth ratio of 2.66 and a beta of 1.09.

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

Pets at Home Group declared that its Board of Directors has authorized a share buyback plan on Wednesday, June 24th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

A number of equities research analysts have commented on PETS shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 245 target price on shares of Pets at Home Group in a research report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 230 price target on shares of Pets at Home Group in a report on Thursday, May 28th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 265 price objective on shares of Pets at Home Group in a report on Monday, July 6th. Three investment 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 stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 240.

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.