$0.30 EPS Expected for Petmed Express Inc (PETS)

September 29, 2017 – By Darrin Black

Investors sentiment decreased to 1.47 in Q2 2017. Its down 0.19, from 1.66 in 2017Q1. It is negative, as 15 investors sold Petmed Express Inc shares while 44 reduced holdings. 45 funds opened positions while 42 raised stakes. 15.85 million shares or 9.04% more from 14.53 million shares in 2017Q1 were reported.
Lsv Asset accumulated 0% or 47,700 shares. Invesco Ltd owns 0.01% invested in Petmed Express Inc (NASDAQ:PETS) for 414,223 shares. Pnc Fin Svcs Group Inc, a Pennsylvania-based fund reported 1,202 shares. Commonwealth Equity Service holds 0% in Petmed Express Inc (NASDAQ:PETS) or 11,262 shares. Td Asset Mngmt Inc accumulated 37,178 shares. Next Financial Group Inc stated it has 0% of its portfolio in Petmed Express Inc (NASDAQ:PETS). Louisiana State Employees Retirement reported 0.02% of its portfolio in Petmed Express Inc (NASDAQ:PETS). Riverhead Cap Mgmt Ltd Liability owns 2,199 shares. Personal Cap Corporation accumulated 54,129 shares or 0.05% of the stock. Lord Abbett And Co Limited Liability Co reported 103,500 shares. Bank Of Montreal Can owns 25,647 shares. Janney Montgomery Scott reported 6,609 shares. Aqr Mngmt Limited Liability Co holds 46,895 shares or 0% of its portfolio. Wfg Advsr L P holds 453 shares or 0% of its portfolio. 113,930 were accumulated by Tiaa Cref Invest Management Ltd.

Since May 1, 2017, it had 0 insider purchases, and 5 insider sales for $1.68 million activity. 9,000 shares were sold by ROSENBLOOM BRUCE S, worth $243,000 on Monday, May 8. Another trade for 5,000 shares valued at $176,600 was sold by FORMICA FRANK J. FULGONI GIAN also sold $1.13M worth of Petmed Express Inc (NASDAQ:PETS) on Wednesday, May 10. Shares for $95,520 were sold by KORN RONALD J on Wednesday, May 10.

Analysts expect Petmed Express Inc (NASDAQ:PETS) to report $0.30 EPS on October, 23.They anticipate $0.06 EPS change or 25.00 % from last quarter’s $0.24 EPS. PETS’s profit would be $6.18 million giving it 27.76 P/E if the $0.30 EPS is correct. After having $0.45 EPS previously, Petmed Express Inc’s analysts see -33.33 % EPS growth. The stock decreased 7.42% or $2.67 during the last trading session, reaching $33.31. About 2.52 million shares traded or 47.37% up from the average. Petmed Express Inc (NASDAQ:PETS) has risen 91.46% since September 29, 2016 and is uptrending. It has outperformed by 74.76% the S&P500.

Petmed Express Inc (NASDAQ:PETS) Ratings Coverage

Among 5 analysts covering Petmed Express Inc (NASDAQ:PETS), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Petmed Express Inc had 7 analyst reports since February 4, 2016 according to SRatingsIntel. The firm has “Hold” rating given on Monday, May 9 by Craig Hallum. The rating was downgraded by Craig Hallum on Tuesday, July 11 to “Hold”. Noble Financial maintained the shares of PETS in report on Wednesday, July 26 with “Hold” rating. The stock has “Underperform” rating by Credit Suisse on Thursday, February 4. The stock of Petmed Express Inc (NASDAQ:PETS) has “Buy” rating given on Thursday, August 24 by Sidoti. Craig Hallum maintained Petmed Express Inc (NASDAQ:PETS) rating on Monday, August 21. Craig Hallum has “Hold” rating and $40.0 target. The firm has “Buy” rating by Northcoast given on Monday, July 24.

PetMed Express, Inc. , doing business as 1800PetMeds, is a pet pharmacy. The company has market cap of $686.33 million. The Firm markets prescription and non-prescription pet medications, and other health products for dogs and cats, direct to the consumer. It has a 25.66 P/E ratio. It offers a selection of products for dogs and cats.

More notable recent Petmed Express Inc (NASDAQ:PETS) news were published by: Globenewswire.com which released: “SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action …” on September 07, 2017, also Globenewswire.com with their article: “Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed …” published on August 30, 2017, Fool.com published: “Why PetMed Express Inc.’s Shares Plunged in August” on September 05, 2017. More interesting news about Petmed Express Inc (NASDAQ:PETS) were released by: Prnewswire.com and their article: “PETMED SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS …” published on September 23, 2017 as well as Globenewswire.com‘s news article titled: “Safirstein Metcalf LLP Announces that A Class Action Has Been Filed Against …” with publication date: September 12, 2017.