PetMed Express (NASDAQ:PETS) Issues Earnings Results

PetMed Express (NASDAQ:PETS - Get Free Report) released its earnings results on Monday. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.02), RTT News reports. PetMed Express had a negative return on equity of 1.00% and a negative net margin of 0.37%.

PetMed Express Trading Up 8.2 %

Shares of PETS stock traded up $0.34 during trading hours on Thursday, hitting $4.47. The company's stock had a trading volume of 395,715 shares, compared to its average volume of 289,990. The company has a 50 day moving average of $5.11 and a 200 day moving average of $4.32. The stock has a market cap of $92.35 million, a PE ratio of -74.50 and a beta of 0.70. PetMed Express has a 12-month low of $2.90 and a 12-month high of $6.85.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of PetMed Express from a "buy" rating to a "hold" rating in a report on Tuesday.

Insider Activity at PetMed Express

In other news, Director Leslie C.G. Campbell bought 15,000 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The stock was purchased at an average cost of $5.38 per share, for a total transaction of $80,700.00. Following the purchase, the director now directly owns 70,000 shares in the company, valued at approximately $376,600. This trade represents a 27.27 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.10% of the company's stock.

PetMed Express Company Profile

PetMed Express, Inc, together with its subsidiaries, operates as a pet pharmacy in the United States. The company markets prescription and non-prescription pet medications, health products, and other supplies for dogs, cats, and horses. It offers non-prescription medications and supplies, such as flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and household pet supplies; and prescription medications, including heartworm preventatives, flea and tick preventatives, arthritis, dermatitis, thyroid, diabetes, pain medications, heart/blood pressure, and other specialty medications, as well as generic substitutes.