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


The leading market experts have placed a mean price target of $16.00 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 $0.25 a share for the upcoming quarter and $1.11 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 $20.21, and stock is trading $-0.11 points away or -0.53% from its 50-day moving average of $20.21. Further it is trading $1.50 or +8.05% away its 200-day moving average of $18.60. PetMed Express, Inc. (NASDAQ:PETS) 52-week high is $21.16 and the 52-week low is $15.56.

This explains if the stock moves $-1.06, it will post a 52-week high. In event of +29.18% 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 19.14.

The stock last ended the trading session at $20.10 and registered a market cap of $405.62M. 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 4.01.

1 Chart Pattern Every Investor Should Know

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