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PetSmart Inc. (PETM), a specialty retailer of products, services and solutions for pets, is expected to reveal its financial results for the second-quarter of fiscal 2012 on Wednesday, August 15, 2012. The current Zacks Consensus Estimate for the quarter stands at 65 cents per share, indicating an estimated year-over-year increase of 20.4%. The estimate lies between [...]

With a big day in the market, you would expect a lot of really good breakouts, but we didn't get any. Now, PETM here isn't bad, but it has some weaknesses that tell me to stay clear for a while. The gap up was nice, volume was ok, but the price realtive line isw weak, and CMF was dropping going into today, and today's dreaded black candle won't help that at all. This might continue to go up, but I would be waiting for some confirmation before getting into this.

Following robust first-quarter results, PetSmart, Inc. (PETM) has witnessed 21 upward revisions out of 22 estimates for the current fiscal year. The specialty retailer of products, services and solutions for pets became a Zacks #1 Rank (Strong Buy) on May 24, just two days after its earnings announcement. Adding further momentum to the stock was the [...]

PETM was a nice earnings breakout, and is a stock I should have been  alerted to due to it's price relative breakout a little over a week ago. Here is another one that didn't show up on my breakout list, so there is a definite flaw in the system. I looked into it this morning, and could not see any obvious errors, so there might be a flaw in my logic. I checked the breakouts that did show up yesterday, and they were all valid breakouts, but for some reason some are being missed. This has a...

PetSmart Inc. (PETM), the specialty retailer of products, services and solutions for pets, recently posted healthy fourth-quarter 2011 earnings. The quarterly earnings of 91 cents a share jumped 18% from 77 cents delivered in the year-ago period. Moreover, the reported earnings were a penny ahead of the Zacks Consensus Estimate. Higher consumer transactions coupled with healthy [...]

Industry Analysis: PetSmart Inc (NASDAQ:PETM) is among top ten specialty retails companies by dividend yield. The company maintains the dividend yield of 1.00 percent while highest dividend yield in its industry stands at 8 percent and is maintained by Inergy L.P. The company maintains the return on equity of 24.02 percent ranking its 18th among its [...]

For the last couple of years I have been posting an analysis of PetSmart (PETM). While the real purpose was just to celebrate my dog's birthday, I did notice that the stock was actually ticking up higher each year. Flash-forward 3 years later and the stock seems to be at an all time high while [...]

PetSmart Inc. (PETM), in its attempt to optimize its shareholders’ return, decided to employ its available free cash in raising its quarterly dividend while also approving a share buyback program. The specialty retailer of products, services, and solutions for pets raised its quarterly dividend by approximately 12% to 14 cents from 12.5 cents. The increased dividend [...]

There are still quite a few stocks that look good on our board so we are going to continue looking at the ones that stand out the most. Amarin Corporation plc (AMRN), which has been consolidating very nicely after the big pop up last month, ...

PETM was a pre earnings breakout that failed, which tells me that the resistance it broke through was not the ultimate resistance point.  If the two bottom pivot pints i have are correct (and there is a good possibility they are not), then I woupd estimate the next level of resistance will be just above 46, which is not very far from today's high. If it follows through on today's volume, which it probably won't, then it should break out of this range and start establishing a new one. At this...

Specialty retailer PetSmart Inc. raised its full-year earnings guidance Wednesday after reporting its fiscal first-quarter profit climbed 28 percent on higher transaction and service sales. The results handily beat Wall Street's expectations and the company's shares shot up in after-hours trading. The stock gained $2.21, or 5.2 percent, to $44.70. It closed [...]

PetSmart Inc. (PETM), the specialty retailer of products, services, and solutions for pets, recently posted third-quarter 2010 earnings of 38 cents a share that came in line with the Zacks Consensus Estimate, and rose 22.6% from 31 cents earned in the year-ago quarter. Consequently, the company has lifted its outlook. Management now expects fiscal 2010 earnings [...]

PetSmart, Inc.'s (NASDAQ: PETM) journey to become a better merchant (and drive hardgoods sales) is making tangible progress as the hardgoods resets of 2009 finally get traction and the company continues to introduce new products, J.P. Morgan reports. “Recall starting in late 2008, PETM began focusing on category management, localized assortments, targeted promotions, and better customer service to drive sales per foot,” J.P. Morgan writes. “We believe the grooming business remains...

PetSmart Inc. (PETM) has weathered the retail storm quite well. The company - a retailer specializing in all things pets - recently beat the Zacks Consensus Estimate by 14%, prompting analysts to raise estimates going forward. It was PetSmart's 10th consecutive earnings surprise. People Still Spending on Their Pets On August 18, PetSmart reported a 32% increase [...]

First-quarter 2010 earnings per share (EPS) of PetSmart, Inc. (PETM) jumped 24% year over year to $0.46, exceeding the Zacks Consensus Estimate of $0.43 per share, driven by a blend of better-than-expected comparable store sales (comps) and gross margin. Net income was $55.6 million in the quarter, an increase of 20% from $46.3 million [...]

PetSmart is trading within its historically normal price-to-cash earnings and price-to-sales ranges as the market has finally rewarded PETM for its steady growth. For this reason, we are not recommending long term investors buy the stock unless it were to slip back into the mid twenty dollar range.

Petsmart Inc. (PETM) recently hit a new 52-week high at $33.05 on solid full-year and fourth-quarter performances and an optimistic view from management. Company Description Petsmart, Inc., together with its subsidiaries, operates as a specialty provider of pet supplies, lodging and hospitals. At the end of 2009 the company operated 1,150 retail stores, 162 pet hotels and [...]

We mentioned the other day that Jim Cramer pitched PetMed Express (PETS) on his CNBC show. We don't always watch Mr. Cramer (or CNBC), yet we share the video below because we've previously discussed PetMed Express and are currently long the stock. Plus, Mr. Cramer succinctly details the PETS "story" as well as the merits of Petsmart, Inc. (PETM), another company we've long admired but in which we

On my dog's birthday last year, I took a look at PetSmart (PETM) and what my outlook of the stock was. In short, my analysis was: I would feel safe buying it anywhere above $18, with the target of reaching $21. If PetSmart can breach above that line, then it looks like clear sailing up to $28. A [...]

Petsmart's (PETM) outlook weighed on the sector on Thursday, but some pet stocks remain up by 20% or more in the last month. Petsmart shares are dropping by -11% today after yesterday evening's second-quarter earnings report. The company recorded a profit of $39 million in Q2 or 31 cents a share - two cents ahead [...]

As USA Today recently pointed out, a new study published in the journal Nature Geoscience shows that the models of CO2 and global warming used by most scientists could be wrong . Specifically: During the warming period, known as the “Palaeocene-Eocene thermal maximum” (PETM), for unknown reasons, the amount of carbon in Earth's atmosphere rose rapidly. This makes the PETM one of the best ancient climate analogues for present-day Earth... The conclusion, Dickens said, is...

In this environment many income investors are happy to see any dividend increase. Not all companies are hiding behind the economic downturn and short-changing their dividend increases. To the contrary, PetSmart (PETM) after an extensive analysis of expected free cash flows showed confidence in their our operating plan with a generous dividend increase and [...]

My dog turns 13 today. In honor of his birthday I thought I would take a look at his favorite store, PetSmart (PETM).

My dog turns 13 today. In honor of his birthday I thought I would take a look at his favorite store, PetSmart (PETM).