2. As of noon trading, PetSmart ( PETM) is up $0.56 (0.9%) to $62.38 on light volume Thus far, 496,304 shares of PetSmart exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $61.60-$62.51 after having opened the day at $61.73 as compared to the previous trading day's close of $61.83.

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 $6.4 billion and is part of the services sector. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7. Shares are down 9.5% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate PetSmart a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates PetSmart as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full PetSmart Ratings Report now.

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