A share price of Petmed Express, Inc. [PETS] is currently trading at $4.22, up 1.20%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PETS shares have lost -1.40% over the last week, with a monthly amount drifted -11.34%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Petmed Express, Inc. [NASDAQ: PETS] stock has seen the most recent analyst activity on May 25, 2023, when Lake Street initiated its Buy rating and assigned the stock a price target of $20. Previously, Sidoti upgraded its rating to Buy on January 20, 2022, and kept the price target unchanged to $32. On November 18, 2021, Morgan Stanley initiated with a Underweight rating and assigned a price target of $25 on the stock. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $28 on October 01, 2021. Sidoti downgraded its rating to Neutral for this stock on June 03, 2021, but kept the price target unchanged to $39. In a note dated March 05, 2021, Sidoti upgraded an Buy rating on this stock.
Petmed Express, Inc. experienced fluctuations in its stock price throughout the past year between $4.01 and $16.18. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Petmed Express, Inc. [NASDAQ: PETS] shares were valued at $4.22 at the most recent close of the market. An investor can expect a potential return of 350.24% based on the average PETS price forecast.
Analyzing the PETS fundamentals
Trailing Twelve Months sales for Petmed Express, Inc. [NASDAQ:PETS] were 276.97M which represents 10.95% growth. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.07 and Total Capital is -0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.14 points at the first support level, and at 4.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.32, and for the 2nd resistance point, it is at 4.43.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Petmed Express, Inc. [NASDAQ:PETS] is 1.32. As well, the Quick Ratio is 0.84, while the Cash Ratio is 0.68. Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 0.89.
Transactions by insiders
Recent insider trading involved FULGONI GIAN, Director, that happened on Nov 09 ’23 when 41000.0 shares were purchased. CEO & President, Hulett Mathew N completed a deal on Nov 03 ’23 to buy 13850.0 shares. Meanwhile, CFO Chambers Christine bought 6888.0 shares on Nov 03 ’23.
