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How to Buy Petmed Express Stock

Petmed Express Inc

PetMed Express, Inc. , together with its subsidiaries, operates as a pet pharmacy in the United States.

Petmed Express stock last closed at $4.05, down 1.46% from the previous day, and has decreased 73.62% in one year. It has underperformed other stocks in the Pharmaceutical Retailers industry by 0.19 percentage points. Petmed Express stock is currently +1% from its 52-week low of $4.01, and -74.97% from its 52-week high of $16.18.

At the moment, there are 21.15M shares of PETS outstanding. The market capitalization of PETS is $85.65M. In the last 24 hours, 392,833 PETS shares were traded.

How to Buy Petmed Express Stock

Not sure how to invest in Petmed Express stock? Here's how.
  1. Figure out where to buy Petmed Express stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Petmed Express stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Pick your payment method and add your information.
  4. Analyze Petmed Express stock: The Petmed Express ticker symbol is PETS. Is Petmed Express stock a good investment? Should you buy shares of PETS? How do PETS's underlying business fundamentals look? Do top analysts think Petmed Express is a good buy? Why has PETS's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if PETS is a good stock to buy).
  5. Execute your PETS trade: Decide if you will purchase PETS shares at the current market price or use a limit order to buy PETS shares at a particular price.
  6. Keep tabs on your PETS investment: Create a watchlist to keep tabs on your position in Petmed Express shares.

Step 1: Figure out where to buy Petmed Express stock

You need a brokerage account in order to access the NASDAQ market and buy PETS shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal details so you can invest in PETS today.

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  2. Provide your personal info to create your new brokerage account.
  1. Send your details by hitting the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have created your account on the best stock app, your next step is to transfer the money for your investment:

Check out the video below to see the process of depositing money into your investment account.

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Step 4: Analyze Petmed Express stock

Once you have selected the best place to buy Petmed Express stock, it's important to research their stock before you buy, so you can wrap your head around the risk as well as the opportunity.

Petmed Express stock at a glance

PETS Price
$4.05
1w %
-1.46%
1y %
-73.62%
5y %
-81.26%
P/E
-31.15x
P/B
0.86x
P/S
0.3x
PEG
N/A
Revenue
$276.97M
Earnings
-$2.66M
Fore. Rev. Growth
8.3%
Fore. Earn. Growth
N/A
Market Cap
$85.65M
Next Earnings
May 20, 2024
Next Dividend
N/A

PETS Overview

WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.

You can view all of the due diligence checks on PETS's stock page.

Is PETS stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PETS's true value.

Using relative valuations ratios:

  • PETS could be undervalued based on its P/B ratio of 0.86x, relative to Pharmaceutical Retailers industry P/B ratio of 1.18x

You can access more valuation research on PETS's stock here.

PETS Financial Summary

Pros:

  • There are more short-term assets than short-term liabilities on the PETS balance sheet.
  • PETS earnings of -$3.14M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the PETS balance sheet.
  • PETS's operating cash flow of $6.92M allows it to safely service it's debt of $1.64M.

Cons:

  • PETS has a relatively high debt to equity ratio of 0.73.
  • Total PETS debt is higher than 5 years ago, relative to shareholder equity.
  • PETS profit margin has gone down from 3.5% to -1% in the past year.

Do analysts think it's a good time to buy Petmed Express stock

Out of 1 Equities analysts who research PETS, the consensus analyst rating on Petmed Express is a Strong Sell

It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Petmed Express stock forecast page.

PETS Technical Indicators

SMA10
4.18
SMA20
4.46
SMA50
4.84
SMA100
5.95
SMA200
8.4
MACD
-0.25
MACD Signal
-0.24
MACD Histogram
-0.01
RSI
26.35
Stochastic %K
9.52
Stochastic %D
13.99
StochRSI %K
25.26
StochRSI %D
31.44

How is PETS performing as a company?

Last year, PETS revenue was $276.97M. During the last 5 year, PETS's revenue has gone up by -0.65% per year. This was slower than the Pharmaceutical Retailers industry average of 3.1%.

Dig into PETS's earnings and revenue performance here.

What are PETS executives and large shareholders up to?

Over the last year, insiders at PETS have bought more shares than they have sold.

Mark Bradley Moseley Jr., was the latest PETS insider to buy. They bought $99,960.00 worth of PETS shares on Dec 11, 2023.

Learn more about who owns PETS stock here.

Can I get consistent income from PETS stock?

No, Petmed Express doesn't provide an income stream by paying out dividends.

What others are saying about PETS

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your PETS trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price limit, use a limit order.

Hit the Open button and eToro will place your order.

If you require more info about investing in stocks on eToro, click the helpful video below:

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Step 6: Keep tabs on your PETS investment

Now that you own some PETS stock, you'll want to stay up-to-date on your new stock purchase.

Put PETS on a watchlist to track the latest developments regarding your PETS stock.

PETS Feed

How to Buy Stock in Petmed Express

To reiterate, here are the 6 steps you need to take to buy Petmed Express stock right now:

  1. Figure out where to buy Petmed Express stock
  2. Open your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Petmed Express stock
  5. Execute your PETS trade
  6. Keep tabs on your PETS investment

If you need a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your new investment in Petmed Express, add PETS to your watchlist by clicking the button below.

NASDAQ: PETS
$4.05-0.06 (-1.46%)
Updated Apr 22, 2024
Open eToro Account
NASDAQ: PETS
$4.05-0.06 (-1.46%)
Updated Apr 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Petmed Express share?

As of Apr 22, 2024, it costs $4.05 to buy one share of Petmed Express stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.494 shares of PETS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Petmed Express stock?

According to 1 Wall Street analysts who monitor Petmed Express, their consensus recommendation is to sell Petmed Express stock.

What is the best way to buy Petmed Express stock?

One way to place an order for Petmed Express stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.