PETS Stock Summary and Trading Ideas (Petmed Express | NASDAQ:PETS)

PetMed Express Inc along with its subsidiaries is a nationwide pet pharmacy. The company markets prescription and non-prescription pet medications, health products, and supplies for dogs and cats, direct to the consumer. The company generates its revenue by selling pet medications and pet supplies primarily to retail consumers.

Petmed Express trades on the NASDAQ stock market under the symbol PETS.

As of April 24, 2024, PETS stock price declined to $4.12 with 112,704 million shares trading.

PETS has a beta of 0.02, meaning it tends to be less sensitive to market movements. PETS has a correlation of 0.00 to the broad based SPY ETF.

PETS has a market cap of $87.13 million. This is considered a Micro Cap stock.

Last quarter Petmed Express reported $65 million in Revenue and -$.10 earnings per share. This beat revenue expectation by $317,000 and missed earnings estimates by -$.09.

In the last 3 years, PETS stock traded as high as $46.67 and as low as $4.01.

The top ETF exchange traded funds that PETS belongs to (by Net Assets): VTI, IWM, VXF, FNDA, IWN.

PETS has underperformed the market in the last year with a price return of -69.3% while the SPY ETF gained +24.0%. PETS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -40.6% and -7.4%, respectively, while the SPY returned +4.3% and -2.9%, respectively.

PETS support price is $4.03 and resistance is $4.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PETS stock will trade within this expected range on the day.