PetMed Express, Inc. and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States.
Flawless balance sheet average dividend payer.
Share Price & News
How has PetMed Express's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PETS's share price has been volatile over the past 3 months.
7 Day Return
US Online Retail
1 Year Return
US Online Retail
Return vs Industry: PETS exceeded the US Online Retail industry which returned 32% over the past year.
Return vs Market: PETS exceeded the US Market which returned 3.7% over the past year.
Price Volatility Vs. Market
How volatile is PetMed Express's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StDoes PetMed Express, Inc.'s (NASDAQ:PETS) CEO Pay Reflect Performance?
2 weeks ago | Simply Wall StRead This Before Considering PetMed Express, Inc. (NASDAQ:PETS) For Its Upcoming US$0.28 Dividend
4 weeks ago | Simply Wall StHow Does PetMed Express's (NASDAQ:PETS) P/E Compare To Its Industry, After Its Big Share Price Gain?
Is PetMed Express undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PETS ($35.4) is trading above our estimate of fair value ($20.28)
Significantly Below Fair Value: PETS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PETS is poor value based on its PE Ratio (27.4x) compared to the Online Retail industry average (22.6x).
PE vs Market: PETS is poor value based on its PE Ratio (27.4x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: PETS is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: PETS is overvalued based on its PB Ratio (5.4x) compared to the US Online Retail industry average (2.8x).
How is PetMed Express forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PETS's forecast earnings growth (17.8% per year) is above the savings rate (2.2%).
Earnings vs Market: PETS's earnings (17.8% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: PETS's earnings are forecast to grow, but not significantly.
Revenue vs Market: PETS's revenue (4.4% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: PETS's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PETS's Return on Equity is forecast to be high in 3 years time (24.4%)
How has PetMed Express performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PETS has high quality earnings.
Growing Profit Margin: PETS's current net profit margins (9.1%) are lower than last year (13.3%).
Past Earnings Growth Analysis
Earnings Trend: PETS's earnings have grown by 12.1% per year over the past 5 years.
Accelerating Growth: PETS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PETS had negative earnings growth (-31.4%) over the past year, making it difficult to compare to the Online Retail industry average (0.6%).
Return on Equity
High ROE: PETS's Return on Equity (19.9%) is considered low.
How is PetMed Express's financial position?
Financial Position Analysis
Short Term Liabilities: PETS's short term assets ($129.0M) exceed its short term liabilities ($24.3M).
Long Term Liabilities: PETS's short term assets ($129.0M) exceed its long term liabilities ($970.0K).
Debt to Equity History and Analysis
Debt Level: PETS is debt free.
Reducing Debt: PETS has not had any debt for past 5 years.
Debt Coverage: PETS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PETS has no debt, therefore coverage of interest payments is not a concern.
What is PetMed Express's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PETS's dividend (3.16%) is higher than the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: PETS's dividend (3.16%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Stability and Growth of Payments
Stable Dividend: PETS's dividends per share have been stable in the past 10 years.
Growing Dividend: PETS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.7%), PETS's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Menderes Akdag (58yo)
Mr. Menderes Akdag has been the Chief Executive Officer of PetMed Express, Inc. since March 16, 2001 and has been its President since August 2005. Mr. Akdag has a breadth of experience in the areas of dire ...
CEO Compensation Analysis
Compensation vs Market: Menderes's total compensation ($USD857.55K) is below average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Menderes's compensation has been consistent with company performance over the past year.
|CEO, President & Director||19.17yrs||US$857.55k||1.95% $13.9m|
|Independent Director||17.5yrs||US$305.73k||0.29% $2.1m|
|Independent Director||17.5yrs||US$305.73k||0.42% $3.0m|
|Independent Chairman||13.83yrs||US$305.73k||0.48% $3.4m|
|Independent Director||16.75yrs||US$305.73k||0.29% $2.0m|
|Independent Director||1.83yrs||US$305.73k||0.075% $536.2k|
Experienced Board: PETS's board of directors are seasoned and experienced ( 17.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PetMed Express, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: PetMed Express, Inc.
- Ticker: PETS
- Exchange: NasdaqGS
- Founded: 1996
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$714.406m
- Shares outstanding: 19.98m
- Website: https://www.1800petmeds.com
Number of Employees
- PetMed Express, Inc.
- 420 South Congress Avenue
- Delray Beach
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PETS||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Sep 1997|
|PQM||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 1997|
PetMed Express, Inc. and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States. The company markets prescription and non-prescription pet medications, and other health products for dogs and cats directly to the consumers. 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 supplies; and prescription medications, including heartworm preventative, flea and tick preventative, arthritis, dermatitis, thyroid, diabetes, pain medications, heart/blood pressure, and other specialty medications, as well as generic substitutes. The company also sells food, beds, crates, stairs, strollers, and other pet supplies. It sells its products through its Internet Website; telephone contact center; and direct mail/print through brochures and postcards. PetMed Express, Inc. was founded in 1996 and is headquartered in Delray Beach, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/27 08:52|
|End of Day Share Price||2020/05/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.