PetMed Express D/B/A 1-800-PetMeds Announces Its Third Quarter Financial Results and Declares Its $0.27 Per Share Dividend

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PetMed Express (PETS) PT Lowered to $18 at Craig-Hallum

January 22, 2019 12:00 PM EST

Craig-Hallum analyst Kevin Ellich lowered the price target on PetMed Express (NASDAQ: PETS) to $18.00 (from $25.00) while maintaining a Sell rating following results.

Ellich notes competition intensified.

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PetMed Express (PETS) Misses Q3 EPS by 10c, Revenues Miss

January 22, 2019 8:04 AM EST

PetMed Express (NASDAQ: PETS) reported Q3 EPS of $0.38, $0.10 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $60.07 million versus the consensus estimate of $64.28 million.

Menderes Akdag, CEO and President, commented: The market was much more competitive during... More