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Where Does Wall Street Think Petmed Express Inc (PETS) Stock Will Go?

Tuesday, March 26, 2024 02:08 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Petmed Express Inc (PETS) Stock Will Go?

Analysts who follow Petmed Express Inc (PETS) on average expect it to add 102.28% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns Petmed Express Inc an Analyst Ranking of 16, which means it ranks higher than 16 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.3
Wall Street analysts are rating PETS a Buy today. Find out what this means to you and get the rest of the rankings on PETS!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Petmed Express Inc Stock Today?

Petmed Express Inc (PETS) stock is trading at $4.82 as of 1:59 PM on Tuesday, Mar 26, a rise of $0.06, or 1.26% from the previous closing price of $4.76. The stock has traded between $4.76 and $4.99 so far today. Volume today is light. So far 185,022 shares have traded compared to average volume of 377,853 shares. Click Here to get the full Stock Report for Petmed Express Inc stock.

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