Deutsche Bank Cuts PT on PetSmart (PETM), Notes Slowing Comps
- Wall Street closes higher as investors digest earnings, megacap outlook
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- Wall Street closes higher as investors digest earnings, megacap outlook
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UBS is Still a Buyer of PetSmart (PETM) Despite Lackluster Results
March 7, 2013 1:03 PM ESTPetSmart (NASDAQ: PETM) is down about 7 percent today following weaker-than-expected Q4 results and outlook after the close. Analysts at UBS, however, are still buyers of the stock.
The firm said the fourth quarter showed the story is unchanged, but not immune from... More
Jefferies Lowers Numbers on on PetSmart (PETM)
March 7, 2013 7:58 AM ESTJefferies lowered estimates and its price target on PetSmart (NASDAQ: PETM) from $71 to $66 following Q4 results and weak guidance.
The analyst comments, "Traffic was a little light of expectations, but Sandy hurt and PETM saw a slowdown late quarter, similar to other... More
Piper Jaffray Downgrades PetSmart (PETM) to Neutral
March 7, 2013 6:56 AM ESTPiper Jaffray downgraded PetSmart (NASDAQ: PETM) from Overweight to Neutral with a price target of $68.00 (from $82.00).
For an analyst ratings summary and ratings history on PetSmart click here. For more ratings news on PetSmart click here.
Shares of PetSmart closed at $66.55 yesterday, with a 52 week range of $54.20-$72.75.... More
UPDATE: Petsmart, Inc. (PETM) Tops Q4 EPS by 3c; Guides Q1, FY13
March 6, 2013 4:13 PM EST(Updated - March 6, 2013 4:47 PM EST)
Petsmart, Inc. (Nasdaq: PETM) reported Q4 EPS of $1.24, $0.03 better than the analyst estimate of $1.21. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.89 billion.
Comparable store sales, or sales... More