Petmed Express, Inc. (NASDAQ: PETS) is -57.80% lower on its value in year-to-date trading and has touched a low of $2.90 and a high of $11.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PETS stock was last observed hovering at around $3.11 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $3.19, the stock is -0.27% and -12.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 2.57% at the moment leaves the stock -37.67% off its SMA200. PETS registered -71.89% loss for a year compared to 6-month loss of -36.33%.
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The stock witnessed a -16.27% gain in the last 1 month and extending the period to 3 months gives it a -25.12%, and is 2.90% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.63% over the week and 5.48% over the month.
Petmed Express, Inc. (PETS) has around 287 employees, a market worth around $65.71M and $270.77M in sales. Profit margin for the company is -0.95%. Distance from 52-week low is 10.00% and -72.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.73%).
The EPS is expected to grow by 74.32% this year.
Petmed Express, Inc. (PETS) Top Institutional Holders
152.0 institutions hold shares in Petmed Express, Inc. (PETS), with institutional investors hold 63.08% of the company’s shares. The shares outstanding are 21.15M, and float is at 20.14M with Short Float at 8.90%. Institutions hold 60.37% of the Float.
The top institutional shareholder in the company is HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC with over 1.3 million shares valued at $5.25 million. The investor’s holdings represent 6.3507% of the PETS Shares outstanding. As of 2024-06-30, the second largest holder is RENAISSANCE TECHNOLOGIES LLC with 1.26 million shares valued at $$5.12 million to account for 6.2001 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.08 million shares representing 5.3003% and valued at over $4.38 million, while FEDERATED HERMES, INC. holds 2.9733 of the shares totaling 0.61 million with a market value of $2.46 million.
Petmed Express, Inc. (PETS) Insider Activity
The most recent transaction is an insider sale by Smith Jacqueline Paula,the company’sVice President of People. SEC filings show that Smith Jacqueline Paula sold 601 shares of the company’s common stock on Aug 15 ’24 at a price of $3.19 per share for a total of $1917.0. Following the sale, the insider now owns 20099.0 shares.
Petmed Express, Inc. disclosed in a document filed with the SEC on Nov 09 ’23 that FULGONI GIAN (Director) bought a total of 41,000 shares of the company’s common stock. The trade occurred on Nov 09 ’23 and was made at $7.34 per share for $0.3 million. Following the transaction, the insider now directly holds 0.11 million shares of the PETS stock.
Still, SEC filings show that on Nov 03 ’23, Hulett Mathew N (CEO & President) acquired 13,850 shares at an average price of $7.26 for $0.1 million. The insider now directly holds 613,850 shares of Petmed Express, Inc. (PETS).
