Insider Selling: Pets at Home Group Plc (LON:PETS) Insider Sells 42,879 Shares of Stock

Pets at Home Group Plc (LON:PETS) insider Michael Iddon sold 42,879 shares of the business’s stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of GBX 266 ($3.60), for a total value of £114,058.14 ($154,299.43).

Pets at Home Group Price Performance

LON:PETS opened at GBX 259.60 ($3.51) on Friday. The firm has a market capitalization of £1.18 billion, a price-to-earnings ratio of 15.78, a PEG ratio of 2.66 and a beta of 0.69. The company has a debt-to-equity ratio of 43.13, a current ratio of 0.63 and a quick ratio of 0.57. The business has a 50 day simple moving average of GBX 242.27 and a 200-day simple moving average of GBX 232.13. Pets at Home Group Plc has a 1 year low of GBX 193.90 ($2.62) and a 1 year high of GBX 319 ($4.32).

Pets at Home Group (LON:PETS) last issued its quarterly earnings results on Wednesday, May 28th. The company reported GBX 21 ($0.28) EPS for the quarter. Pets at Home Group had a net margin of 5.36% and a return on equity of 8.05%. Equities analysts forecast that Pets at Home Group Plc will post 22.67844 EPS for the current year.

Analyst Ratings Changes

PETS has been the topic of several recent research reports. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 300 ($4.06) price objective on shares of Pets at Home Group in a research note on Thursday, May 29th. Shore Capital reissued a “not rated” rating on shares of Pets at Home Group in a report on Monday, March 31st. Finally, Berenberg Bank decreased their target price on shares of Pets at Home Group from GBX 290 ($3.92) to GBX 245 ($3.31) and set a “hold” rating on the stock in a research note on Tuesday, April 1st.

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.