PetMed Express Inc. [NASDAQ: PETS] loss -0.40% on the last trading session, reaching $34.98 price per share at the time. PetMed Express Inc. represents 19.98 million in outstanding shares, while the company has a total market value of $701.70 million with the latest information. PETS stock price has been found in the range of $33.33 to $35.46.
If compared to the average trading volume of 656.83K shares, PETS reached a trading volume of 1268918 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about PetMed Express Inc. [PETS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PETS shares is $28.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PETS stock is a recommendation set at 3.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Sidoti have made an estimate for PetMed Express Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 09, 2020. The new note on the price target was released on March 12, 2020, representing the official price target for PetMed Express Inc. stock.
The Average True Range (ATR) for PetMed Express Inc. is set at 2.08, with the Price to Sales ratio for PETS stock in the period of the last 12 months amounting to 2.47. The Price to Book ratio for the last quarter was 5.37, with the Price to Cash per share for the same quarter was set at 5.17. Price to Free Cash Flow for PETS in the course of the last twelve months was 47.73 with Quick ratio for the last quarter at 4.60.
Trading performance analysis for PETS stock
PetMed Express Inc. [PETS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.94. With this latest performance, PETS shares dropped by -6.84% in over the last four-week period, additionally plugging by 59.73% over the last 6 months – not to mention a rise of 105.16% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PETS stock in for the last two-week period is set at 50.36, with the RSI for the last a single of trading hit 46.63, and the three-weeks RSI is set at 51.20 for PetMed Express Inc. [PETS]. The present Moving Average for the last 50 days of trading for this stock 33.99, while it was recorded at 35.49 for the last single week of trading, and 25.65 for the last 200 days.
PetMed Express Inc. [PETS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and PetMed Express Inc. [PETS] shares currently have an operating margin of +10.90 and a Gross Margin at +27.80. PetMed Express Inc.’s Net Margin is presently recorded at +9.10.
Return on Equity for this stock inclined to 19.53, with Return on Assets sitting at 16.65.
Receivables Turnover for the company is 89.00 with a Total Asset Turnover recorded at a value of 1.83.PetMed Express Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.60 and a Current Ratio set at 5.30.
PetMed Express Inc. [PETS]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, PetMed Express Inc. posted 0.26/share EPS, while the average EPS was predicted by analysts to be reported at 0.46/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -43.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PETS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PetMed Express Inc. go to 7.39%.
An analysis of insider ownership at PetMed Express Inc. [PETS]
There are presently around $610 million, or 88.90% of PETS stock, in the hands of institutional investors. The top three institutional holders of PETS stocks are: BLACKROCK INC. with ownership of 3,077,415, which is approximately -4.262% of the company’s market cap and around 2.10% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 1,614,169 shares of the stock with an approximate value of $56.69 million in PETS stocks shares; and VANGUARD GROUP INC, currently with $49.59 million in PETS stock with ownership of nearly 1.996% of the company’s market capitalization.
107 institutional holders increased their position in PetMed Express Inc. [NASDAQ:PETS] by around 2,103,979 shares. Additionally, 90 investors decreased positions by around 2,795,207 shares, while 38 investors held positions by with 12,456,005 shares. The mentioned changes placed institutional holdings at 17,355,191 shares, according to the latest SEC report filing. PETS stock had 44 new institutional investments in for a total of 1,155,022 shares, while 28 institutional investors sold positions of 696,695 shares during the same period.