PETS stock: buy or sell?

PETS stock price: $19.44 -2.85% At close on October 18th, 2019

Updated on:
October 18th, 2019

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After crossing up the SMA line of 200d yesterday, PetMed Express closed today at $19.44, fell a -2.85%.

PetMed Express, Inc. and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States.

Should I buy PETS stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Only 1 of our buy setups matches with PetMed Express stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

Is PetMed Express stock a buy?

Banks and financial institutions post stock ratings everyday. At Stocks2.com, we detected 2 ratings published for PETS stock in the last 30 days.

Is PETS a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-16Craig HallumBuyHold
2019-1-23Craig Hallumn/aSell

PETS stock analysis

Daily outlook

After crossing up the simple moving average line of 200 days yesterday, PetMed Express shares closed today at $19.44, fell a -2.85%.

After breaking up the SMA line of 200 days yesterday, PetMed Express shares closed at $19.44, fell a -2.85%. From a daily perspective, PETS is in a short term uptrend after plotting its last bottom ($18.10, on Monday) higher than the previous bottom, and its last top ($20.13, on Thursday) also over the previous top. Now trading in between its last bottom and last top PETS might consolidate in a plain range, waiting to break out over $20.13 or down under $18.10. Since October/4 when SMA50d and SMA100d crossed up, PETS price gained $1.08 per share (5.88%).

PETS stock chart (daily)

Weekly outlook

PetMed Express broke up the simple moving average line of 200d, closing at $19.44. Early September PETS rocketed an extraordinary 13.48% in just one week. This week was the 4th green week in a row. By mid September PETS plummed a hair-raising -7.63% in just one week.

If you observe the weekly chart, price finally broke over the resistance at $17.50 and continued climbing. Since late September when SMA10w and SMA20w crossed up, PETS price gained $1.62 per share (9.09%).

PETS stock chart (weekly)

PETS stock price history

PETS stock went public on April 26th, 1999 with a price of $5.661. Since then, PETS stock grew a 243.50%, with an average of 12.20% per year. If you had invested right after PETS's IPO a $1,000 in PETS stock in 1999, it would worth $2,435.00 today.

1: Adjusted price after possible price splits or reverse-splits.

PETS stock historical price chart

PETS stock reached 52-week highs at $31.66, and all-time highs 2018-01-22 with a price of 53.9.

PETS stock price target is $18.00

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we only found 1 price target for PetMed Express stock:
PETS stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-1-23Craig HallumReiterates$25.00$18.00-28%
(in average)$25.00$18.00-28.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last May, when PetMed Express presented its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will extend this review.
PETS earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.37n/a
2017-Q2-n/a0.45n/a
2017-Q32017-10-230.30.4343.3%
2017-Q42018-01-220.320.4437.5%
2018-Q12018-05-070.440.513.6%
2018-Q22018-07-230.640.62-3.1%
2018-Q32018-10-22n/a0.52n/a
2018-Q42019-01-22n/a0.38n/a
2019-Q12019-05-060.47n/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, PetMed Express annual sales escalated a phenomenal 9.88% to $273.80 million dollars from $249.18 marked in 2017. When comparing 2018 vs 2017, slightly worse, profit margin (that is, the net income divided by revenues) stepped up a 4.06% to 13.62%.

PetMed Express presents anual results in March, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, PetMed Express TTM sales up to were $218.85 and earnings $31.12 million dollars. When comparing this TTM figures with the last reported annuality, we can review PetMed Express business evolution since March 2018: Annual sales up to , compared to lastest yearly report, collapsed a dreadful -20.07%. Regarding profit margin, PetMed Express stayed stable 0.60% to 13.62%

PETS annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$228 M-$17 M7.5%-
2014$233 M2.44%$18 M7.7%4.66%
2015$229 M-1.71%$17 M7.6%-2.88%
2016$235 M2.31%$21 M8.8%17.84%
2017$249 M6.18%$24 M9.6%15.81%
2018$274 M9.88%$37 M13.6%56.53%
TTM $219 M-20.07%$31 M14.2%-16.53%

Quarterly financial results

PetMed Express reported M in revenues for 2019-Q1, a -100.00% less compared to previous quarter. Reported quarter earnings marked M with a profit margin of . Profit margin stayed constant a 0.00% compared to previous quarter when profit margin was 12.96%. When comparing turnover to same quarter last year, PetMed Express sales marked a bloodcurdling drop down and plunged a -100.00%. Looking back to recent quarterly results, PetMed Express posted 3 positive quarters in a row.
PETS quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$63 M-$8 M11.9%-
2017-Q2$80 M26.38%$9 M11.6%23.73%
2017-Q3$67 M-16.26%$9 M13.1%-5.60%
2017-Q4$60 M-9.89%$9 M15.1%3.47%
2018-Q1$67 M12.00%$10 M15.1%12.35%
2018-Q2$87 M29.81%$13 M14.4%23.56%
2018-Q3$71 M-18.30%$11 M15.1%-14.54%
2018-Q4$60 M-15.87%$8 M13.0%-27.58%

PetMed Express ownership

When you are planning to buy shares of a stock, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For PetMed Express, 3.84% of all outstanding shares are owned by its staff.

Bearish positions for PETS stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

PETSCJJDCVSWBA
Market cap$392.1 M$42.2 M$86.0 B$49.9 B
Total shares20.2 M32.9 M1,300.0 M903.1 M
Float shares17.2 M17.0 M1,300.0 M753.6 M
  - Institutional holdings (%)104.8%19.7%83.8%66.4%
  - Insider holdings (%)3.8%32.7%0.2%16.1%
Shares in short selling0.0%0.0%0.0%0.0%

PETS summary

Friday, October 18th, 2019
Open$19.82
Close$19.44
Day range$18.85 - $19.83
Previous close$20.01
Session gain-2.85%
Average true range$0.67
50d mov avg$17.32
100d mov avg$16.79
200d mov avg$19.05
Daily patternlt06a
Weekly pattern lb01c

PetMed Express performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared PetMed Express against China Jo-Jo Drugstores, CVS Health and Walgreens Boots Alliance in the following table:
Stock3m6m12m
PETSPetMed Express21.65%-10.29%-26.97%
CJJDChina Jo-Jo Drugs...17.43%-15.79%-36.63%
CVSCVS Health19.34%28.04%-7.83%
WBAWalgreens Boots A...2.50%3.02%-26.40%

PetMed Express competitors

We selected a few stocks to conform a list of PetMed Express competitors to check if you are interested in investing in PETS: