For its fourth fiscal quarter (ending March 31), PetMed Express Inc (NASDAQ: PETS) has reported E.P.S. of $-0.25 compared to $-0.01 a year ago. For the latest four quarters through March 31, E.P.S. were $-0.37 versus $0.25 for the same period a year ago — a decline of -248%.
Recent Price Action
PetMed Express Inc (NASDAQ: PETS) stock closed at $4.71 on 6/11/24 after a major increase of 12.1%. Moreover, exceptionally high trading volume at 257% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 10.6% during the last week.
Current PriceTarget Research Rating
PETS is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
PetMed Express has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. PetMed Express has a slightly negative Appreciation Score of 39 and a very low Power Rating of 1, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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