PetMed Express Inc. (NASDAQ:PETS) has a beta of 0.58, a 12-month trailing P/E ratio of 19.00, and a growth ratio of 1.72. The stock’s Relative Strength Index (RSI) is 44.56, with weekly volatility at 3.69% and ATR at 1.14. The PETS stock’s 52-week price range has touched low of $27.10 and a $57.00 high. Its shares traded higher over the last trading session, gaining 1.01% on 05/28/21. The shares fell to a low of $28.72 before closing at $28.90. Intraday shares traded counted 0.54 million, which was -15.61% lower than its 30-day average trading volume of 469.66K. PETS’s previous close was $28.61 while the outstanding shares total 20.10M.
Investors have identified the Pharmaceutical Retailers company PetMed Express Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $580.02 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
PetMed Express Inc. (PETS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 161.19 million total, with 44.94 million as their total liabilities.
PETS were able to record 37.64 million as free cash flow during the 07/26/2021 quarter of the year, this saw their quarterly net cash flow reduce by 14.96 million. In cash movements, the company had a total of 40.08 million as operating cash flow.
Potential earnings growth for PetMed Express Inc. (PETS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/26/2021 quarter of the year, PetMed Express Inc. recorded a total of 71.68 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -3.64% coming in sequential stages and their sales for the 07/26/2021 quarter increasing by 8.07%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 51.16 million trying to sell their products during the last quarter, with the result yielding a gross income of 20.52 million. This allows shareholders to hold on to 20.10M with the recently reported earning now reading 0.34 cents per share. This is a figure that compared to analyst’s prediction for their 07/26/2021 (0.52 cents a share).
Is the stock of PETS attractive?
In related news, Director, FORMICA FRANK J sold 5,000 shares of the company’s stock in a transaction that recorded on Jan 29. The sale was performed at an average price of 38.59, for a total value of 192,950. As the sale deal closes, the CFO & Treasurer, ROSENBLOOM BRUCE S now sold 5,000 shares of the company’s stock, valued at 250,000. Also, Director, FULGONI GIAN sold 2,890 shares of the company’s stock in a deal that was recorded on Jan 28. The shares were price at an average price of 50.93 per share, with a total market value of 147,188. Following this completion of acquisition, the Director, FULGONI GIAN now holds 10,000 shares of the company’s stock, valued at 460,300. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.80%.
1 out of 3 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on PetMed Express Inc.. 1 analysts has assigned a Sell rating on the PETS stock. The 12-month mean consensus price target for the company’s shares has been set at $31.50.