PETS Stock Earnings PetMed Express Misses EPS, Beats Revenue for Q3 2024
| PETS Stock | USD 4.14 0.12 2.99% |
Slightly above 79 percent of all PetMed Express' private investors are aggressively thinking of buying. The analysis of current outlook of investing in PetMed Express suggests that a fairly large number of traders are excited regarding PetMed Express' prospects. PetMed Express' investor sentiment overview provides quick insight into current market opportunities from investing in PetMed Express. The current market sentiment, together with PetMed Express' historical and current headlines, can help investors time the market. In addition, many technical investors use PetMed Express stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
PetMed Express stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of PetMed daily returns and investor perception about the current price of PetMed Express as well as its diversification or hedging effects on your existing portfolios.
PetMed |
PETS stock results show that PetMed Express missed analyst estimates for earnings per share but beat on revenue for the third quarter of 2024.
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PetMed Express Current Investor Sentiment
Panic Vs Confidence
79
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use PetMed Express' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward PetMed Express.
News SentimentBullish | Hype SentimentBullish | Insider SentimentAcquiring |
PetMed Express Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards PetMed Express can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
PetMed Express Historical Investor Sentiment
Investor biases related to PetMed Express' public news can be used to forecast risks associated with an investment in PetMed. The trend in average sentiment can be used to explain how an investor holding PetMed can time the market purely based on public headlines and social activities around PetMed Express. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
PetMed Express' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for PetMed Express and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average PetMed Express news discussions. The higher the estimate score, the more favorable the investor's outlook on PetMed Express.
PetMed Express Fundamental Analysis
We analyze PetMed Express' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PetMed Express using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PetMed Express based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Outstanding
Shares Outstanding Comparative Analysis
PetMed Express is currently under evaluation in shares outstanding category among related companies. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
PetMed Express Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PetMed Express stock to make a market-neutral strategy. Peer analysis of PetMed Express could also be used in its relative valuation, which is a method of valuing PetMed Express by comparing valuation metrics with similar companies.
Peers
PetMed Express Related Equities
| YI | 111 | 3.88 | ||||
| CJJD | China Jo | 0.00 | ||||
| BIMI | Bimi International | 0.00 | ||||
| WBA | Walgreens Boots | 0.00 | ||||
| MEDS | Trxade | 0.00 | ||||
| FFLWF | Fire Flower | 0.00 | ||||
| LFLY | Leafly Holdings | 0.98 | ||||
| SSY | SunLink Health | 1.54 | ||||
| HITI | High Tide | 3.94 |
Check out PetMed Express Hype Analysis, PetMed Express Correlation and PetMed Express Performance. For more information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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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.
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Is PetMed Express' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PetMed Express. If investors know PetMed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PetMed Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 0.9 | Earnings Share (0.37) | Revenue Per Share 13.599 | Quarterly Revenue Growth 0.11 |
The market value of PetMed Express is measured differently than its book value, which is the value of PetMed that is recorded on the company's balance sheet. Investors also form their own opinion of PetMed Express' value that differs from its market value or its book value, called intrinsic value, which is PetMed Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PetMed Express' market value can be influenced by many factors that don't directly affect PetMed Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PetMed Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if PetMed Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PetMed Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.