There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Petmed Express, Inc. (PETS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.16, or -2.03%, to $7.74. The Petmed Express, Inc. has recorded 5,604 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted PetMeds® Announces the Formation of Veterinarian Advisory Board.
As a NASDAQ listed company, PETS falls under the Healthcare sector while operating within the Pharmaceutical Retailers industry segment. At the end of the last regular session, the stock closed at $7.90 and fluctuated between $8.08 as its day high and $7.66 as its day low. The current market capitalization of Petmed Express, Inc. is $167.09M. A total of 0.56 million shares were traded on the day, compared to an average of 488.79K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, PETS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 1 SELLs from insiders. Insiders purchased 72,750 shares during that period but sold 3,000.
In the most recent transaction, FULGONI GIAN bought 41,000 shares of PETS for 7.34 per share on Nov 09. After the transaction, the Director now owns 109,510 company shares. In a previous transaction on Nov 03, Hulett Mathew N bought 13,850 shares at 7.26 per share. PETS shares that CEO & President owns now total 613,850.
Among the insiders who bought shares, Chambers Christine acquired of 6,888 shares on Nov 03 at a per-share price of $7.26. This resulted in the CFO holding 19,888 shares of PETS after the transaction.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. PETS’s most recent ex-dividend date was 8/11/2023 when it declared a $0.30 quarterly dividend that was paid in cash on 8/18/2023. Previously, the company paid the dividend on 6/12/2023 with an ex-dividend date of 6/5/2023. The PETS stock dividend was $0.30 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for PETS in the last 3 months, the mean price target is $10.00 with high estimates of $13.00 and low estimates of $7.00. In terms of 52-week highs and lows, PETS has a high of $22.64 and a low of $5.50.
As of this writing, PETS has an earnings estimate of $0.03 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.08 per share and a lower estimate of -$0.02. The company reported an EPS of -$0.04 in the last quarter, which was -157.10% lower than expectations of $0.07.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. PETS’s latest balance sheet shows that the firm has $111.08M in Cash & Short Term Investments as of fiscal 2022. Its Book Value Per Share was $5.37, while its Total Shareholder’s Equity was $142.19M.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PETS is Buy with a score of 3.00.