Revenue Estimates Analysis Of PetMed Express, Inc. (PETS)

Angelo Anderson
October 1, 2017

It markets a line of headphones, wireless Bluetooth headphones, wireless Bluetooth speakers, computer headsets, telecommunications headsets, active noise canceling headphones, and compact disc recordings of American Symphony Orchestras on the Koss Classics label.

Many analysts are providing their Estimated Earnings analysis for PetMed Express, Inc. and for the current quarter 5 analysts have projected that the stock could give an Average Earnings estimate of $0.3/share. PETS's profit would be $6.18M giving it 27.63 P/E if the $0.30 EPS is correct. For the next 5 years, PetMed Express, expecting Growth of 10% per annum, whereas in the past 5 years the growth was 9.73% per annum. The stock's Dividend Yield stands at 2.88%.

About 2.02 million shares traded or 18.13% up from the average. It has outperformed by 74.76% the S&P500. Wintergreen Advisers Llc owns 1.87 million shares or 43.3% of their U.S. portfolio.

Taconic Capital Advisors Lp holds 68.69% of its portfolio in Reynolds American, Inc. for 3.61 million shares. The stock grabbed 46 new institutional investments totaling 1,880,735 shares while 19 institutional investors sold out their entire positions totaling 621,592 shares. The New York-based Blackrock Inc. has invested 0% in the stock. The stock decreased 0.48% or $0.16 on September 29, reaching $33.15. Another trade for 225,000 shares valued at $20.06M was sold by Mitchell Christopher. It has underperformed by 10.79% the S&P500.

Since May 1, 2017, it had 0 buys, and 5 sales for $1.68 million activity. When there are more buyers than sellers, the stock price will rise because of the increased demand. Insiders sold a total of 19,333 shares of company stock worth $949,730 over the last ninety days.

PetMed Express, Inc., doing business as 1800PetMeds, is a pet pharmacy. English Frank E. Jr. sold 400 shares worth $33,732.

Investors sentiment decreased to 1.47 in Q2 2017.

Investors are feeling more bearish lately as inferred by the uptick in short interest. 73 funds opened positions while 136 raised stakes. Lastly, Noble Financial reissued a "hold" recommendation on stocks of PetMed Express in a study note published on Wed, Jul 26th. Petmed Express Inc has a 52 week low of $17.70 and a 52 week high of $23.78. Finally, State of Alaska Department of Revenue lifted its position in PetMed Express by 76.7% in the 2nd quarter.

PetMed Express (NASDAQ:PETS) last released its earnings results on Monday, July 24th. Riverhead Cap Mgmt Lc accumulated 2,199 shares.

Reynolds American a holding company. Acrospire Investment Management LLC bought a new position in PetMed Express in the 2nd quarter valued at approximately $110,000. The company has a market capitalization of $465.82 million, a P/E ratio of 21.50 and a beta of 1.02. Adirondack owns 100 shares for 0.01% of their portfolio. Chesley Taft Assoc Limited Liability reported 0.24% of its portfolio in CBOE Holdings, Inc (NASDAQ:CBOE). Us Retail Bank De stated it has 0% of its portfolio in Petmed Express Inc (NASDAQ:PETS). Therefore 40% are positive. State Common Retirement Fund has invested 0% in Petmed Express Inc (NASDAQ:PETS). The firm has "Buy" rating given on Thursday, August 24 by Sidoti. Zacks Investment Research cut shares of PetMed Express from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 25th. The rating was upgraded by Craig Hallum to "Hold" on Monday, May 9. Craig Hallum maintained it with "Hold" rating and $40.0 target in Monday, August 21 report. Goldman Sachs initiated it with "Neutral" rating and $65 target in Thursday, April 6 report. The hedge funds in our partner's database now have: 15.85 million shares, up from 14.53 million shares in 2017Q1.

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