Petmed Express, Inc [PETS] stock prices are up 5.20% to $4.25 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PETS shares have gain 5.72% over the last week, with a monthly amount drifted -3.63%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Petmed Express, Inc [PETS] has been fluctuating between $2.90 and $6.85 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Petmed Express, Inc [NASDAQ: PETS] shares were valued at $4.25 at the most recent close of the market. An investor can expect a potential return of 158.82% based on the average PETS price forecast.
Analyzing the PETS fundamentals
The Petmed Express, Inc [NASDAQ:PETS] reported sales of 247.01M for trailing twelve months, representing a drop of -18.88%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 4.08 points at the first support level, and at 3.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.34, and for the 2nd resistance point, it is at 4.43.
Ratios To Look Out For
It’s worth pointing out that Petmed Express, Inc [NASDAQ:PETS]’s Current Ratio is 1.43. As well, the Quick Ratio is 1.18, while the Cash Ratio is 1.04. Considering the valuation of this stock, the price to sales ratio is 0.36, the price to book ratio is 0.91 and price to earnings (TTM) ratio is 397.20.
Transactions by insiders
Recent insider trading involved NINA CAPITAL HOLDINGS INC., 10% Owner, that happened on Mar 18 ’25 when 100000.0 shares were purchased. 10% Owner, NINA CAPITAL HOLDINGS INC. completed a deal on Mar 10 ’25 to buy 100000.0 shares. Meanwhile, 10% Owner NINA CAPITAL HOLDINGS INC. bought 50000.0 shares on Mar 03 ’25.