Stock To Watch: PetMed Express, Inc. (NASDAQ:PETS)


The leading market experts have placed a mean price target of $17.00 on PetMed Express, Inc. (NASDAQ:PETS) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.24 a share for the upcoming quarter and $1.06 for the current fiscal. Technical View The technical analysis of PetMed Express, Inc. plainly substantiates that the 50-day moving average of PetMed Express, Inc. is $18.78, and stock is hovering 0.84 or +4.48% distant from $18.78. It is noted that the 200-day MA is $17.88, and PetMed Express, Inc. stock is $1.74 or +9.71% off from this point. PetMed Express, Inc. (NASDAQ:PETS) 52-week high is $20.61 and the 52-week low is $14.53. This explains if the stock moves $-0.99, it will post a 52-week high. In event of $+35.03% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of PetMed Express, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, PetMed Express, Inc. (NASDAQ:PETS) ratio came in at 19.24. The stock last ended the trading session at $19.62 and registered a market cap of $395.95M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. PetMed Express, Inc. (NASDAQ:PETS) PEG ratio is at 4.04.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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