NASDAQ:PETSPetmed Express Stock Price, Forecast & News

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 (WHO). Since then, PETS shares have increased by 39.1% and is now trading at $36.10. View which stocks have been most impacted by Coronavirus.

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.

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

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

Petmed Express announced a quarterly dividend on Monday, May 4th. Stockholders 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 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date of this dividend is Thursday, May 14th. This is a positive change from Petmed Express's previous quarterly dividend of $0.27. View Petmed Express' dividend history.

2 brokerages have issued 12-month target prices for Petmed Express' shares. Their forecasts range from $20.00 to $31.00. On average, they anticipate Petmed Express' share price to reach $25.50 in the next year. This suggests that the stock has a possible downside of 29.4%. View analysts' price targets for Petmed Express.

News stories about PETS stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Petmed Express earned a coverage optimism score of -3.7 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutPetmed Express.

Petmed Express saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,200,000 shares, a decrease of 10.1% from the April 30th total of 4,670,000 shares. Based on an average daily volume of 623,300 shares, the days-to-cover ratio is presently 6.7 days. Currently, 21.6% of the company's stock are sold short. View Petmed Express' Current Options Chain.

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.

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).

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

Petmed Express' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.26%), State Street Corp (4.13%), Bank of New York Mellon Corp (1.84%), Morgan Stanley (1.62%), Morgan Stanley (1.62%) and Personal Capital Advisors Corp (1.57%). Company insiders that own Petmed Express stock include Bruce S Rosenbloom, Frank J Formica, Gian Fulgoni, Menderes Akdag and Robert C Schweitzer. View institutional ownership trends for Petmed Express.

PETS stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., Rothschild Investment Corp IL, BlackRock Inc., Polaris Capital Management LLC, Chicago Equity Partners LLC, North Star Investment Management Corp., Voloridge Investment Management LLC, and Rhumbline Advisers. Company insiders that have sold Petmed Express company stock in the last year include Bruce S Rosenbloom, Gian Fulgoni, and Menderes Akdag. View insider buying and selling activity for Petmed Express.

PETS stock was acquired by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Maverick Capital Ltd., Balyasny Asset Management LLC, Morgan Stanley, Morgan Stanley, Hancock Whitney Corp, State Street Corp, and Advisor Group Holdings Inc.. View insider buying and selling activity for 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.

One share of PETS stock can currently be purchased for approximately $36.10.

Petmed Express has a market capitalization of $728.14 million and generates $284.13 million in revenue each year. Petmed Express employs 187 workers across the globe.

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

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