PetMed Express Stock Target Price and Analyst Consensus

PETS Stock  USD 4.57  0.06  1.30%   
The current analyst and expert consensus on PetMed Express is Hold, with 1 strong sell and 0 strong buy opinions. The current projected PetMed Express target price consensus is 15.00 with 2 analyst opinions. Check out Macroaxis Advice on PetMed Express to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.
The most common way PetMed Express analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview PetMed Express executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on PetMed Express. We encourage you to use your own analysis of PetMed Express to validate this buy or sell advice. PetMed Express buy-or-sell recommendation module provides average expert sentiment on the projected PetMed Express target price to derive its highest and lowest estimates based on projected price volatility of 5.4682.
Lowest Forecast
13.65
Highest Forecast
16.65
Target Price
15
Gross Profit Margin is likely to gain to 0.39 in 2024, whereas Gross Profit is likely to drop slightly above 72.2 M in 2024. At this time, PetMed Express' Non Current Liabilities Total is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 6.8 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 906.1 K in 2024.
  
It's important to approach PetMed Express' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize PetMed Express price targets

PetMed Express' stock target price is an estimate of its future price, usually made by analysts. Using PetMed Express' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at PetMed Express' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if PetMed Express' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional PetMed Express Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of PetMed Express is a key component of PetMed Express valuation and have some predictive power on the future returns of a PetMed Express.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PetMed Express' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.234.569.99
Details
Intrinsic
Valuation
LowRealHigh
1.777.2012.63
Details
Naive
Forecast
LowNextHigh
0.084.219.63
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

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Additional Tools for PetMed Stock Analysis

When running PetMed Express' price analysis, check to measure PetMed Express' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PetMed Express is operating at the current time. Most of PetMed Express' value examination focuses on studying past and present price action to predict the probability of PetMed Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PetMed Express' price. Additionally, you may evaluate how the addition of PetMed Express to your portfolios can decrease your overall portfolio volatility.