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In the latest session, Petmed Express, Inc. (NASDAQ: PETS) closed at $3.16 down -14.36% from its previous closing price of $3.69. In other words, the price has decreased by -$14.36 from its previous closing price. On the day, 0.71 million shares were traded. PETS stock price reached its highest trading level at $3.69 during the session, while it also had its lowest trading level at $3.14.
Ratios:
For a deeper understanding of Petmed Express, Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.33. 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:
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 65098212 and an Enterprise Value of 22167866. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 0.082 whereas that against EBITDA is 3.597.
Stock Price History:
Over the past 52 weeks, PETS has reached a high of $13.40, while it has fallen to a 52-week low of $3.50. The 50-Day Moving Average of the stock is -21.65%, while the 200-Day Moving Average is calculated to be -43.14%.
Shares Statistics:
For the past three months, PETS has traded an average of 393.06K shares per day and 304950 over the past ten days. A total of 21.15M shares are outstanding, with a floating share count of 20.20M. Insiders hold about 1.97% of the company’s shares, while institutions hold 70.72% stake in the company. Shares short for PETS as of 1721001600 were 2172372 with a Short Ratio of 5.53, compared to 1718323200 on 3035118. Therefore, it implies a Short% of Shares Outstanding of 2172372 and a Short% of Float of 10.5900005.
Dividends & Splits
According to the company, the forward annual dividend rate for PETS is 0.30, from 0.3 in the trailing year. Against a Trailing Annual Dividend Yield of 0.08130082The stock’s 5-year Average Dividend Yield is 6.82.
