NASDAQ:PETSPetmed Express Stock Price, Forecast & News

$37.37

+1.73 (+4.85 %)

(As of 07/6/2020 01:33 PM ET)

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Today's Range

$35.35

Now: $37.37▼

$37.89

50-Day Range

$31.86

MA: $35.29▼

$37.71

52-Week Range

$15.00

Now: $37.37▼

$41.59

Volume28,985 shs

Average Volume631,927 shs

Market Capitalization$753.75 million

P/E Ratio29.20

Dividend Yield3.14%

Beta0.71

PetMed Express, Inc. and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States. It markets prescription and non-prescription pet medications, and other health products for dogs and cats directly to the consumers. The company offers non-prescription medications and supplies, including flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and supplies; and prescription medications, such as heartworm preventative, flea and tick preventative, arthritis, thyroid, diabetes, pain, heart/blood pressure, and other specialty medications, as well as generic substitutes. It also sells food, beds, crates, stairs, strollers, and other pet supplies. The company sells its products through its Internet Website; telephone contact center; and direct mail/print through brochures and postcards. PetMed Express, Inc. was founded in 1996 and is headquartered in Delray Beach, Florida.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
Petmed Express has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.50, Petmed Express has a potential downside of 31.8% from its current price of $37.37.
Amount of Analyst Coverage
Petmed Express has only been the subject of 1 research reports in the past 90 days.

1.5 Community Rank

Outperform Votes
Petmed Express has received 206 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Petmed Express has received 464 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Petmed Express has received 69.25% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Petmed Express and other stocks. Vote “Outperform” if you believe PETS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PETS will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Petmed Express pays a meaningful dividend of 3.14%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Petmed Express has been increasing its dividend for 8 years.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Petmed Express insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,079,610.00 in company stock.
Percentage Held by Insiders
Only 3.60% of the stock of Petmed Express is held by insiders.
Percentage Held by Institutions
85.51% of the stock of Petmed Express is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Petmed Express is 29.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Petmed Express is 29.20, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 47.27.
Price to Book Value per Share Ratio
Petmed Express has a P/B Ratio of 5.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.16 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Drug stores & proprietary stores

Sub-IndustryInternet Retail

SectorRetail/Wholesale

Current SymbolNASDAQ:PETS

Previous Symbol

CUSIP71638210

CIK1040130

Webwww.1800petmeds.com

Phone561-526-4444

Debt

Debt-to-Equity RatioN/A

Current Ratio5.30

Quick Ratio4.57

Price-To-Earnings

Trailing P/E Ratio29.20

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$284.13 million

Price / Sales2.65

Cash Flow$1.46 per share

Price / Cash Flow25.57

Book Value$6.45 per share

Price / Book5.79

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$25.85 million

Net Margins9.10%

Return on Equity20.40%

Return on Assets17.37%

Miscellaneous

Employees187

Outstanding Shares20,170,000

Market Cap$753.75 million

Next Earnings Date7/27/2020 (Estimated)

OptionableOptionable

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Petmed Express (NASDAQ:PETS) Frequently Asked Questions

How has Petmed Express' stock been impacted by COVID-19 (Coronavirus)?

Petmed Express' stock was trading at $25.95 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PETS stock has increased by 44.0% and is now trading at $37.37. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Petmed Express?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Petmed Express in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Petmed Express.

When is Petmed Express' next earnings date?

Petmed Express is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Petmed Express.

How were Petmed Express' earnings last quarter?

Petmed Express Inc (NASDAQ:PETS) posted its quarterly earnings results on Monday, May, 4th. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.06. The firm had revenue of $74.30 million for the quarter, compared to the consensus estimate of $66.24 million. Petmed Express had a return on equity of 20.40% and a net margin of 9.10%. The firm's quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.32 earnings per share. View Petmed Express' earnings history.

How often does Petmed Express pay dividends? What is the dividend yield for Petmed Express?

Petmed Express declared a quarterly dividend on Monday, May 4th. Investors of record on Friday, May 15th will be given a dividend of $0.28 per share on Friday, May 22nd. This represents a $1.12 annualized dividend and a dividend yield of 3.00%. The ex-dividend date is Thursday, May 14th. This is a boost from Petmed Express's previous quarterly dividend of $0.27. View Petmed Express' dividend history.

What price target have analysts set for PETS?

2 analysts have issued 1-year price targets for Petmed Express' stock. Their forecasts range from $20.00 to $31.00. On average, they anticipate Petmed Express' stock price to reach $25.50 in the next year. This suggests that the stock has a possible downside of 31.8%. View analysts' price targets for Petmed Express.

Has Petmed Express been receiving favorable news coverage?

Media headlines about PETS stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Petmed Express earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Petmed Express.

Are investors shorting Petmed Express?

Petmed Express saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 6,060,000 shares, an increase of 7.8% from the June 15th total of 5,620,000 shares. Based on an average trading volume of 629,200 shares, the short-interest ratio is presently 9.6 days. Approximately 31.2% of the company's stock are sold short. View Petmed Express' Current Options Chain.

Who are some of Petmed Express' key competitors?

Some companies that are related to Petmed Express include Amazon.com (AMZN), Netflix (NFLX), Booking (BKNG), Expedia Group (EXPE), Tripadvisor (TRIP), Shutterfly (SFLY), 1-800-Flowers.Com (FLWS), Overstock.com (OSTK), Groupon (GRPN) and U.S. Auto Parts Network (PRTS). View all competitors.

What other stocks do shareholders of Petmed Express own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Petmed Express investors own include Intel (INTC), AT&T (T), NVIDIA (NVDA), Alibaba Group (BABA), Gilead Sciences (GILD), Cisco Systems (CSCO), Netflix (NFLX), Verizon Communications (VZ), Micron Technology (MU) and Advanced Micro Devices (AMD).

Who are Petmed Express' key executives?

Petmed Express' management team includes the following people:

Mr. Menderes Akdag, CEO, Pres & Director (Age 58)
Mr. Bruce S. Rosenbloom, CFO & Treasurer (Age 50)
Ms. Alison Berges, Corp. Sec. & Gen. Counsel

What is Petmed Express' stock symbol?

Petmed Express trades on the NASDAQ under the ticker symbol "PETS."

How do I buy shares of Petmed Express?

Shares of PETS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Petmed Express' stock price today?

One share of PETS stock can currently be purchased for approximately $37.37.

How big of a company is Petmed Express?

Petmed Express has a market capitalization of $753.75 million and generates $284.13 million in revenue each year. Petmed Express employs 187 workers across the globe.

What is Petmed Express' official website?

The official website for Petmed Express is www.1800petmeds.com.

How can I contact Petmed Express?

Petmed Express' mailing address is 420 SOUTH CONGRESS AVENUE, DELRAY BEACH FL, 33445. The company can be reached via phone at 561-526-4444.

This page was last updated on 7/6/2020 by MarketBeat.com Staff

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