PetMed Express Inc (NASDAQ: PETS) has reported earnings for its first fiscal quarter (ending June 30) of $0.18 versus a loss $-0.06 for the same period a year ago. E.P.S. were $-0.13 for the latest four quarters through June 30 versus $0.06 for the same period a year ago — a decline of -317%.
Recent Price Action
PetMed Express Inc (NASDAQ: PETS) stock closed at $3.69 on 8/6/24 after a large increase of 3.9%. NORMAL trading volume accompanied the advance. The stock has declined -7.7% during the last week and has been extremely weak relative to the market over the last nine months.
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 consistent signals from two proprietary PTR measures of a stock’s attractiveness. PetMed Express has a poor Appreciation Score of 29 and a very low Power Rating of 3, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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