In the latest session, Petmed Express, Inc. (NASDAQ: PETS) closed at $4.75 down -2.66% from its previous closing price of $4.88. In other words, the price has decreased by -$0.1300 from its previous closing price. On the day, 612790 shares were traded.
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Ratios:
For a deeper understanding of Petmed Express, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.02 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 09 ’23 when FULGONI GIAN bought 41,000 shares for $7.34 per share. The transaction valued at 301,124 led to the insider holds 109,510 shares of the business.
Hulett Mathew N bought 13,850 shares of PETS for $100,551 on Nov 03 ’23. The CEO & President now owns 613,850 shares after completing the transaction at $7.26 per share. On Nov 03 ’23, another insider, Chambers Christine, who serves as the CFO of the company, bought 6,888 shares for $7.26 each. As a result, the insider paid 50,007 and bolstered with 19,888 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 100.45M and an Enterprise Value of 48.82M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 0.18 whereas that against EBITDA is -9.53.
Stock Price History:
Over the past 52 weeks, PETS has reached a high of $18.39, while it has fallen to a 52-week low of $4.81. The 50-Day Moving Average of the stock is 6.0416, while the 200-Day Moving Average is calculated to be 9.7247.
Shares Statistics:
For the past three months, PETS has traded an average of 378.56K shares per day and 331.24k over the past ten days. A total of 21.08M shares are outstanding, with a floating share count of 20.15M. Insiders hold about 4.73% of the company’s shares, while institutions hold 73.33% stake in the company. Shares short for PETS as of Feb 29, 2024 were 4.4M with a Short Ratio of 11.61, compared to 4.1M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 20.79% and a Short% of Float of 26.00%.
Dividends & Splits
According to the company, the forward annual dividend rate for PETS is 0.60, from 1.20 in the trailing year. Against a Trailing Annual Dividend Yield of 24.59%, it implies a Forward Annual Dividend Yield of 13.07%. The stock’s 5-year Average Dividend Yield is 6.12. The current Payout Ratio is 10434.78% for PETS, which recently paid a dividend on Aug 18, 2023 with an ex-dividend date of Aug 11, 2023. Stock splits for the company last occurred on Mar 04, 1999 when the company split stock in a 3:1 ratio.
Earnings Estimates
There are 2 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0.01 and a low estimate of -$0.03, while EPS last year was $0. The consensus estimate for the next quarter is $0.02, with high estimates of $0.06 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.01 and -$0.1 for the fiscal current year, implying an average EPS of -$0.04. EPS for the following year is $0.05, with 2 analysts recommending between $0.1 and $0.01.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for PETS’s current fiscal year. The highest revenue estimate was $286.57M, while the lowest revenue estimate was $283.24M, resulting in an average revenue estimate of $284.91M. In the same quarter a year ago, actual revenue was $256.86M, up 10.90% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $305.56M in the next fiscal year. The high estimate is $315.73M and the low estimate is $295.39M. The average revenue growth estimate for next year is up 7.20% from the average revenue estimate for this year.
