Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Petmed Express, Inc (NASDAQ: PETS) was $6.60 for the day, up 14.78% from the previous closing price of $5.75. In other words, the price has increased by $14.78 from its previous closing price. On the day, 0.86 million shares were traded. PETS stock price reached its highest trading level at $6.8499 during the session, while it also had its lowest trading level at $5.86.
Ratios:
Our analysis of PETS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on May 25, 2023, initiated with a Buy rating and assigned the stock a target price of $20.
On January 20, 2022, Sidoti Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $32.
On November 18, 2021, Morgan Stanley started tracking the stock assigning a Underweight rating and target price of $25.Morgan Stanley initiated its Underweight rating on November 18, 2021, with a $25 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 05 ’24 when Campbell Leslie C.G. bought 15,000 shares for $5.44 per share. The transaction valued at 81,650 led to the insider holds 30,000 shares of the business.
Campbell Leslie C.G. bought 15,000 shares of PETS for $81,354 on Dec 05 ’24. The Director now owns 85,000 shares after completing the transaction at $5.42 per share. On Dec 04 ’24, another insider, Campbell Leslie C.G., who serves as the Director of the company, bought 15,000 shares for $5.40 each. As a result, the insider paid 81,000 and bolstered with 15,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PETS now has a Market Capitalization of 136377120 and an Enterprise Value of 85362200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 0.329 whereas that against EBITDA is 14.634.
Stock Price History:
Over the past 52 weeks, PETS has reached a high of $7.90, while it has fallen to a 52-week low of $2.90. The 50-Day Moving Average of the stock is 47.88%, while the 200-Day Moving Average is calculated to be 58.43%.
Shares Statistics:
PETS traded an average of 262.33K shares per day over the past three months and 277990 shares per day over the past ten days. A total of 20.66M shares are outstanding, with a floating share count of 17.87M. Insiders hold about 13.52% of the company’s shares, while institutions hold 45.88% stake in the company. Shares short for PETS as of 1731628800 were 1346102 with a Short Ratio of 5.13, compared to 1728950400 on 2012456. Therefore, it implies a Short% of Shares Outstanding of 1346102 and a Short% of Float of 6.54.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 6.86.
