Dogs and Cats are Big Business
According to WallStreetNewsNetwork.com, investors have almost ten pet related stocks available to them.
Pet Toys and Food
On of the biggest companies in the pet supply arena is Petsmart Inc. (PETM) which trades at 17 times trailing earnings and 15 times future earnings. The company sells pet food, toys, and other supplies at over 1,000 retail outlets. Earning for the latest quarter rose 1.3% on a 1.1% revenue rise. Investors receive a yield of 1.4%.
Drugs for Pets
One of the growing business area for pets is animal care. PetMed Express Inc. (PETS) is one of the major online pet pharmacies. The stock has a trailing price to earnings ratio of 15, and a forward PE of 14. Earnings were down 1.7% for the latest quarter. The stock provides a generous yield of 5.1%.
Hospitals for Animals
Check out the stock ticker for this company, VCA Inc. (WOOF). The company provides medical and surgical services in its animal hospitals. The company also offers laboratory services for animal hospitals and practices. The stock trades at 23 times trailing earnings and 17 times forward earnings. Earnings for the latest quarter increased by 11.7%, on a 2.5% rise in revenues.
More Pet Stocks
If you want to see a free list of pet and animal related stocks, go to WallStreetNewsNetwork.com. The list has info on the PE, forward PE, PEG, and yield.
Disclosure: Author didn't own any of the above at the time the article was written.