Home Sectors Consumer Defensive Recent Performance: PetMed Express (NASDAQ: PETS)

Recent Performance: PetMed Express (NASDAQ: PETS)

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PetMed Express is part of the consumer defensive sector and retail defensive industry. The company CEO is Menderes Akdag. PetMed Express Inc is a nationwide pet pharmacy. The Company markets prescription and non-prescription pet medications and other health products for dogs, cats, and horses direct to the consumer.

Previous Intraday Trading Performance:

The PETS stock showed a previous change of -0.57% with an open at 17.74 and a close of 17.60. It reached an intraday high of 17.81 and a low of 17.25.

SeekingAlpha:  Sector Study: Consumer Cyclical Vs. Consumer Defensive Dividend Dogs, Which To Buy?

Liquidity:

The stock has a market cap of $355.9m with 20.2m shares outstanding, of which the float is 17.8m shares. Trading volume reached 520,625 shares compared to its average volume of 751,598 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, PetMed Express shares returned 3.23% and in the past 30 trading days it returned -17.80%. Over three months, it changed -16.89%. In one year it has changed -57.28% and within that year its 52-week high was 46.83 and its 52-week low was 16.93. PETS stock is 3.96% above its 52 Week Low.

Our calculations show a 200 day moving average of 24.47 and a 50 day moving average of 20.12. Currently PETS stock is trading -28.08% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Sector Study: Consumer Cyclical Vs. Consumer Defensive Dividend Dogs, Which To Buy?

Earnings:

The last annual fiscal EPS for the company was reported at 1.84 that ended on 31st of March 2019, which according to the previous close, that is a PE of 9.57. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.64. The TTM EPS is 1.99, which comes to a TTM PE of 8.84. Historically, the PE high was 49.40 and the PE low was 8.84. PETS stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/06/2019): 0.32
4thQtr of 2018 (Reported on 01/22/2019): 0.38
3rdQtr of 2018 (Reported on 10/22/2018): 0.52
2ndQtr of 2018 (Reported on 07/23/2018): 0.62
1stQtr of 2018 (Reported on 05/07/2018): 0.50

The dividend per share is currently 1.08, which is a dividend yield of 6.10%. Also, the payout ratio is 54.27%, therefore the dividend is safe according to our calculations. PETS stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.

Base on our calculations, the intrinsic value per share is 24.19, which means it is possibly undervalued and has a margin of safety of 27.24%.

Indicators to Watch:

The current calculated beta is 0.64.

PR Newswire:  Northwest Bancshares, Inc. Announces First Quarter 2019 Earnings and Quarterly Dividend

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 31.44%, return on assets is 27.22%, profit margin is 13.54%, price-to-sales is 1.26 and price-to-book is 2.66.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 3  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 6  :Dividend Score
 4  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.