PetMed Express Inc logo

PetMed Express Inc(PETS)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$1.55
09/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for PETS

09/23/2026: PETS (1-star) is currently NOT-A-BUY. Pass it for now.

PetMed Express Inc is an established online pharmacy provider catering to pet owners by offering prescription and non-prescription health products. The company is known for its long-standing brand and specialized focus, though it currently faces significant competitive pressure from large e-commerce platforms that offer broader convenience. Its primary growth opportunity lies in successfully integrating telehealth and wellness services to improve customer engagement and loyalty. The company must navigate intense pricing competition, the risk of customer attrition, and the execution challenges of its digital business transformation. It may suit investors looking for exposure to the pet healthcare niche, provided they monitor management’s ability to stabilize revenue and return to growth.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThe company is currently facing revenue contraction rather than rapid growth.
Momentum investorWeak fitThe stock has lacked sustained positive price momentum in recent years.
Value investorMixed fitThe stock may appear inexpensive on some metrics, but the underlying business decline presents significant value traps.
Dividend investorMixed fitDividend yields may be attractive but are dependent on the company's ability to maintain cash flow.
Low-risk investorWeak fitThe high competition and business model transition create significant volatility and uncertainty.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is susceptible to large price swings based on earnings performance and competitive news.
Valuation riskMediumValuation is sensitive to future growth assumptions which are currently uncertain.
Competition risk (E-commerce giants)HighMarket share is constantly threatened by large players with superior scale and shipping capabilities.
Business qualityMediumThe company's core pharmacy model faces commoditization and margin pressure.
Dividend incomeMediumDividend payments are not guaranteed and rely on positive earnings.
Execution riskHighSuccessfully pivoting to a telehealth-integrated model is operationally difficult.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -12.42%
Avg. Invested days 39
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/23/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
PETS receives a 2-star rating, supported by available scored pillars. The rating is constrained by weak unit economics, soft company fundamentals, and soft analyst coverage.

Company Fundamentals

★★★★★
PETS has soft overall fundamentals (2 stars), with soft financial health, weak growth momentum, and solid ownership. In FY2026 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-667.5%), soft cash generation (FCF margin -18.4%), negative revenue growth (-34.7%).

Financial Health Rating

★★★★★
PETS's financial health is supported by moderate efficiency, including operating-expense and cost-of-revenue discipline (opex 40.4% of revenue). Profitability is soft (2 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
PETS's growth profile is soft, with the least-weak measure being revenue growth at -34.7% FY2026 versus FY2024. By comparison, while earnings growth (-667.5%, negative) and free-cash-flow growth (-16914.9%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 37.7% and approximately 62.5% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 16.63% supports management-shareholder alignment.

Top 5 Institutional Investors

Renaissance Technologies Corp 5.47%
Vanguard Capital Management, LLC 3.84%
BlackRock Inc 2.54%
Hotchkis & Wiley Capital Management LLC 2.37%
UBS Group AG 1.08%

Unit Economics (Per $1K Revenue)

★★★★★
PETS generates approximately $228 of gross profit, $-175 of operating income, and $-184 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.13%

Quantitative Style Profile

★★★★★
PETS has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 33.60M USD
Price to earnings Ratio -
1Y Target Price 2.15
Price to earnings Ratio -
1Y Target Price 2.15
Volume (30-day avg) 120.6K shares
Beta 0.79
52 Weeks Range 1.55 - 4.10
Updated Date 09/23/2026
52 Weeks Range 1.55 - 4.10
Updated Date 09/23/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.37

How Company Makes Money

Business areaWhat it includesRetail investor read
Pharmacy FulfillmentSale of prescription and non-prescription pet medications.This is the primary source of revenue, focused on recurring medication sales.
Telehealth and WellnessVirtual consultations and health advice services.A growth-oriented segment meant to drive higher customer engagement and retention.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 16.69
Enterprise Value 21.38M
Price to Sales(TTM) 0.2
Enterprise Value 21.38M
Price to Sales(TTM) 0.2
Enterprise Value to Revenue 0.13
Enterprise Value to EBITDA 0.63
Shares Outstanding 21.68M
Shares Floating 13.54M
Shares Outstanding 21.68M
Shares Floating 13.54M
Percent Insiders 16.63
Percent Institutions 37.66

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About PetMed Express Inc

Exchange NASDAQ
Headquarters Delray Beach, FL, United States
IPO Launch date 1999-04-26
Executive Chairman of the Board, Interim CEO & President Ms. Leslie C. G. Campbell
Sector Healthcare
Industry Pharmaceutical Retailers
Full time employees 189
Full time employees 189

PetMed Express, Inc., together with its subsidiaries, operates as a pet pharmacy in the United States. The company markets prescription and non-prescription pet medications, health products, and other supplies for dogs, cats, and horses. 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 household pet supplies; and prescription medications, including heartworm preventatives, flea and tick preventatives, 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, and other pet supplies. It sells its products through its Internet website; mobile app; customer support center; and direct mail/print, which includes brochures and postcards. The company was incorporated in 1996 and is headquartered in Delray Beach, Florida.