PetSmart Stock To Go Ex-dividend Tomorrow (PETM)

NEW YORK ( TheStreet) -- The ex-dividend date for PetSmart (Nasdaq: PETM) is tomorrow, April 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $56.48 as of 9:30 a.m. ET, the dividend yield is 1%.

The average volume for PetSmart has been 896,300 shares per day over the past 30 days. PetSmart has a market cap of $6.19 billion and is part of the services sector and specialty retail industry. Shares are up 10.4% year to date as of the close of trading on Monday.

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. The company has a P/E ratio of 22.3, above the average specialty retail industry P/E ratio of 22.1 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates PetSmart as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full PetSmart Ratings Report.

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