PetMed Express Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for PetMed Express stock have an average target of 3.50, which predicts a decrease of -26.47% from the current stock price of 4.76.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$3.50	$3.50	$3.50	$3.50
Change	-26.47%	-26.47%	-26.47%	-26.47%

* Price targets were last updated on Aug 7, 2024.

Analyst Ratings

The average analyst rating for PetMed Express stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Meyers Lake Street	Lake Street	Strong Buy → Hold Downgrades $7 → $3.5	Strong Buy → Hold	Downgrades	$7 → $3.5	-26.47%	Aug 7, 2024
Ryan Meyers Lake Street	Lake Street	Strong Buy Maintains $9 → $7	Strong Buy	Maintains	$9 → $7	+47.06%	Jun 12, 2024
Erin Wright Morgan Stanley	Morgan Stanley	Sell Maintains $6.5 → $3.5	Sell	Maintains	$6.5 → $3.5	-26.47%	Jun 12, 2024
Erin Wright Morgan Stanley	Morgan Stanley	Sell Maintains $7 → $6.5	Sell	Maintains	$7 → $6.5	+36.55%	Nov 16, 2023
Erin Wright Morgan Stanley	Morgan Stanley	Sell Maintains $10 → $7	Sell	Maintains	$10 → $7	+47.06%	Oct 31, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

262.69M

from 281.06M

-6.54%

from 281.06M

Revenue Next Year

271.51M

from 262.69M

3.36%

from 262.69M

EPS This Year

0.17

from -0.37

EPS Next Year

-0.04

from 0.17

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	284.13M	303.58M	272.28M	256.58M	281.06M	262.69M	271.51M	294.51M
Revenue Growth	0.25%	6.85%	-10.31%	-5.77%	9.54%	-6.54%	3.36%	8.47%
EPS	1.29	1.19	0.92	0.25	-0.37	0.17	-0.04	0.11
EPS Growth	-29.90%	-7.75%	-22.69%	-72.83%	-	-	-	-
Forward PE	-	-	-	-	-	27.45	-	42.42
No. Analysts	-	-	-	-	-	4	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	278.8M	294.4M	303.2M
Avg	262.7M	271.5M	294.5M
Low	244.5M	247.0M	283.0M

Revenue Growth

Revenue Growth	2025	2026	2027
High	-0.8%	12.1%	11.7%
Avg	-6.5%	3.4%	8.5%
Low	-13.0%	-6.0%	4.2%

EPS Forecast

EPS	2025	2026	2027
High	0.27	0.09	0.12
Avg	0.17	-0.04	0.11
Low	0.08	-0.16	0.11

EPS Growth

EPS Growth	2025	2026	2027
High	-	-45.5%	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.