nasdaqpets
Key Points PetMed Express’ stock is down 13.84% YTD.Earnings fell short of expectations for the fifth consecutive quarter.There’s potential for a bright future: Wall Street expects a turnaround in fiscal 2024 and 2025.Q1 revenue was up 11%, the first year-over-year revenue growth in eight quarters.CEO Matt Hulett sees the quarter’s performance as pivotal.5 stocks we like better than PetMed ExpressIs it worth taking a flyer on a stock that’s not currently showing much, if any, price potential, as Wall Street expects an earnings turnaround? Find A Qualified Financial Advisor Each advisor has bee...
ValueWalk
Shares of PetMeds (NASDAQ:PETS) are rocketing higher in the wake of what we can only call a mixed report. The news wasn’t bad and it wasn’t good and it certainly isn’t enough to have shares up by 9%, not unless you factor in the short interest. The short interest was over 21% at the start of the month which is quite a weight for share prices and part of why they have been trending lower over the past several quarters. It is our guess that there is some short-covering going on right now and that this pop in prices is being used by the bears to full advantage because it is so far behind its comp...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら