Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day down 0.2%. By the end of trading, PetSmart fell $1.56 (-2.3%) to $67.05 on average volume. Throughout the day, 957,172 shares of PetSmart exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in price between $66.82-$68.70 after having opened the day at $68.70 as compared to the previous trading day's close of $68.61. Other companies within the Specialty Retail industry that declined today were:
Birks & Mayors
), down 6.4%,
), down 4%,
), down 3.7%, and
), down 3.5%.
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PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada. PetSmart has a market cap of $7.54 billion and is part of the services sector. The company has a P/E ratio of 23.5, below the average specialty retail industry P/E ratio of 23.6 and above the S&P 500 P/E ratio of 17.7. Shares are up 33.8% year to date as of the close of trading on Friday. Currently there are eight analysts that rate PetSmart a buy, no analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates PetSmart as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full PetSmart Ratings Report.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider
) while those bearish on the specialty retail industry could consider
- Find other investment ideas from our top rated ETFs lists.
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