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PETS Overview

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$
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0.000
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ET
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Intellectia

Loading chart...

High
1.960
Open
1.936
VWAP
1.93
Vol
75.30K
Mkt Cap
41.03M
Low
1.910
Amount
145.32K
EV/EBITDA(TTM)
--
Total Shares
21.37M
EV
20.49M
EV/OCF(TTM)
--
P/S(TTM)
0.23
PetMed Express, Inc., doing business as PetMeds, is a direct-to-consumer pet pharmacy. The Company is an online provider of prescription and non-prescription medications, food, supplements, and supplies and has veterinary and pet insurance service partnerships for dogs, cats, and horses. It markets and sells directly to consumers through their Websites, toll-free numbers, and employer benefit partnerships. Its product line contains over 15,000 SKUs of pet medications, health products, foods, and supplies. The Company offers various pet supplies, including beds, crates, stairs and other pet supplies. Its products include Prescription Medications (Rx), Non-Prescription Medications (OTC) and supplies, Pet Foods, Private Label and Holistic Wellness Services. Rx includes heartworm and flea and ticks preventatives, arthritis, dermatitis, thyroid, diabetes, pain medications, heart/blood pressure, and other specialty medications, as well as generic substitutes.
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Events Timeline

(ET)
2026-06-30
10:00:00
PetMed Express Receives $3.00 Acquisition Proposal from SilverCape
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2026-06-29 (ET)
2026-06-29
09:30:00
Nasdaq Futures Rise, PetMed Express Stock Soars 32%
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2026-06-29
08:00:00
SilverCape Proposes to Acquire PetMed at $3.00 per Share
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2026-06-02 (ET)
2026-06-02
19:30:00
Utilities and Basic Materials Propel S&P 500 to New Record Highs
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2026-06-02
16:30:00
Company Rejects Two Acquisition Proposals, Continues Independent Operations
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2026-06-02
16:20:00
Company Reports Q4 Revenue of $42.82M
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2026-04-22 (ET)
2026-04-22
17:00:00
PetMed Express Partners with Rural King for New Pet Pharmacy
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2026-01-09 (ET)
2026-01-09
08:50:00
BTQ Technologies Corp. Borrow Rate Increases to 18.41%
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2025-12-16 (ET)
2025-12-16
12:10:00
Cardone Ventures Proposes to Acquire PetMed Express for $4.25 per Share
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2025-12-11 (ET)
2025-12-11
09:50:00
PetMed Express Receives $4 Acquisition Proposal from SilverCape
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News

Newsfilter
8.5
06-30Newsfilter
PetMed Express Receives Acquisition Proposal from SilverCape
  • Acquisition Proposal Confirmation: PetMed Express's Board confirmed receipt of an unsolicited proposal from SilverCape Investments to acquire all outstanding shares at $3.00 per share in cash, following a previous offer of $4.00 per share in December 2025, indicating ongoing interest from the acquirer.
  • Board Evaluation Process: The Board, with the assistance of financial and legal advisors, will carefully evaluate the proposal to determine the best course of action for the Company and all shareholders, demonstrating the company's commitment to shareholder value.
  • Diligence Materials Prepared: Although the Company prepared extensive diligence materials and a formal management presentation for SilverCape, the acquirer ultimately declined to sign a nondisclosure agreement with a standard standstill provision, reflecting the complexities involved in the acquisition negotiations.
  • Uncertainty of Future Transactions: The Board has not reached any determination regarding SilverCape's latest proposal and cannot assure that any transaction will result, indicating the Company's cautious approach in acquisition discussions while remaining focused on core operations and maximizing long-term shareholder value.
NASDAQ.COM
8.5
06-29NASDAQ.COM
SilverCape Revises Acquisition Proposal for PetMed Express
  • Revised Acquisition Proposal: Singapore-based SilverCape Investments has proposed to acquire all outstanding shares of PetMed Express for $3.00 per share in cash, reflecting the company's ongoing deterioration and aiming to provide shareholders with a superior alternative to the current value-destructive trajectory.
  • Value Warning: In an open letter, SilverCape warned that PetMed is no longer viable as a public company due to dismal quarterly and fiscal reports, rapidly depleting cash reserves, and ineffective leadership, urging the Board to act swiftly to prevent further erosion of the company's remaining value.
  • Positive Market Reaction: In pre-market trading, PetMed's stock rose by 32.43% to $2.3399, indicating a positive market response to SilverCape's acquisition proposal, although the current price remains below the proposed offer.
  • Support for Independent Evaluation: SilverCape expressed openness to other third-party alternatives that offer superior value and supports PetMed in conducting a structured and independent process to consider these alternatives, demonstrating a commitment to the company's future and shareholder interests.
NASDAQ.COM
4.5
06-29NASDAQ.COM
NASDAQ 100 Pre-Market Indicator Rises Significantly
  • Market Indicator Surge: The NASDAQ 100 Pre-Market Indicator increased by 244.55 points to 29,362.79, indicating a positive shift in market sentiment that may attract more investor interest in tech stocks.
  • Active Stock Performance: NN, Inc. (NNBR) rose by $1.31 to $4.07 with a trading volume of 39,045,126 shares, currently at 67.83% of its target price, reflecting market confidence in its future performance.
  • Other Stock Movements: Comcast Corporation (CMCSA) increased by $5.38 to $28.55 with 7,275,313 shares traded, currently at 89.22% of its target price, suggesting optimistic expectations from investors regarding its growth potential.
  • Bitcoin ETF Performance: iShares Bitcoin Trust ETF (IBIT) gained $0.35 to $34.20, representing a 4.14% increase from its 52-week low, highlighting ongoing market interest and investment enthusiasm in cryptocurrencies.
seekingalpha
8.5
06-29seekingalpha
SilverCape Revises Acquisition Proposal for PetMed Express
  • Proposal Revision: SilverCape Investments announced on Monday that it has revised its proposal to acquire all outstanding shares of PetMed Express (PETS), lowering its cash offer from $4 per share made in December 2025 to $3 per share, reflecting the company's deteriorating financial condition.
  • Shareholder Premium: Despite the reduced offer, SilverCape claims the new proposal still represents a roughly 70% premium over PetMed's closing price of $1.76 on June 26, aiming to provide shareholders with immediate liquidity amid current financial challenges.
  • Deteriorating Business: SilverCape highlighted that PetMed's business has continued to weaken since the original proposal, citing declining prescription medication revenue, falling repeat customer sales, rising customer acquisition costs, negative adjusted EBITDA, and a drop in cash from $54.7 million to $21.4 million over the past fiscal year.
  • Governance Concerns: SilverCape raised concerns about PetMed's leadership and governance, noting high executive turnover, low insider ownership, and the board's handling of previous acquisition proposals, urging the board to engage with its proposal or conduct a bona fide sale process.
Globenewswire
8.5
06-29Globenewswire
SilverCape Urges PetMed Board to Act on Acquisition Proposal
  • Destruction of Shareholder Value: SilverCape Investments highlights that PetMed's stock plummeted from $32.30 on July 2, 2021, to $1.76 on June 26, 2026, indicating severe governance failures and a lack of strategic direction that has eroded shareholder value.
  • Acquisition Proposal: SilverCape proposes to acquire PetMed for $3.00 per share in cash, representing a 70% premium over the current stock price, aiming to provide immediate liquidity to shareholders and prevent further erosion of the company's value.
  • Leadership Instability: PetMed has seen two CEOs and CFOs depart in the past two years, with current Chair and Interim CEO Leslie C.G. Campbell's leadership being questioned, resulting in a lack of effective strategic direction for the company.
  • Governance Failures: The board members own only 2% of the company’s shares, showing a lack of accountability to shareholders, and the company has failed to file financial reports on time, exacerbating shareholder concerns about its future.
Newsfilter
8.5
06-29Newsfilter
SilverCape Urges PetMed Board to Act on Acquisition Proposal
  • Destruction of Shareholder Value: SilverCape Investments highlights that PetMed's stock price plummeted from $32.30 on July 2, 2021, to $1.76 on June 26, 2026, indicating severe mismanagement and strategic failures that have led to significant shareholder value erosion.
  • Acquisition Proposal: SilverCape has proposed to acquire all outstanding shares of PetMed for $3.00 per share in cash, representing approximately a 70% premium over the current stock price, aimed at providing immediate liquidity to shareholders and preventing further value loss.
  • Leadership Instability: PetMed has seen the departure of two CEOs and CFOs in just two years, with Chair and Interim CEO Leslie C.G. Campbell receiving a $1.3 million salary, which starkly contrasts with the company's sub-$40 million market capitalization, severely undermining investor confidence.
  • Governance Failures: The board members own only 2% of PetMed's shares, demonstrating a lack of accountability to shareholders, while ineffective governance structures leave shareholders with almost no means to hold directors accountable, exacerbating the ongoing decline in company value.

Valuation Metrics

The current forward P/E ratio for Petmed Express Inc (PETS.O) is 16.69, compared to its 5-year average forward P/E of -9.93. For a more detailed relative valuation and DCF analysis to assess Petmed Express Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-9.93
Current PE
16.69
Overvalued PE
97.41
Undervalued PE
-117.27

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
8.65
Current EV/EBITDA
-2.69
Overvalued EV/EBITDA
14.97
Undervalued EV/EBITDA
2.33

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.86
Current PS
0.23
Overvalued PS
1.50
Undervalued PS
0.23

Financials

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Whales Holding PETS

O
Oaktop Capital Management II, L.P.
Holding
PETS
+23.14%
3M Return

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Frequently Asked Questions

What is Petmed Express Inc (PETS) stock price today?

The current price of PETS is 1.92 USD — it has decreased -2.04

What is Petmed Express Inc (PETS)'s business?

PetMed Express, Inc., doing business as PetMeds, is a direct-to-consumer pet pharmacy. The Company is an online provider of prescription and non-prescription medications, food, supplements, and supplies and has veterinary and pet insurance service partnerships for dogs, cats, and horses. It markets and sells directly to consumers through their Websites, toll-free numbers, and employer benefit partnerships. Its product line contains over 15,000 SKUs of pet medications, health products, foods, and supplies. The Company offers various pet supplies, including beds, crates, stairs and other pet supplies. Its products include Prescription Medications (Rx), Non-Prescription Medications (OTC) and supplies, Pet Foods, Private Label and Holistic Wellness Services. Rx includes heartworm and flea and ticks preventatives, arthritis, dermatitis, thyroid, diabetes, pain medications, heart/blood pressure, and other specialty medications, as well as generic substitutes.

What is the price predicton of PETS Stock?

Wall Street analysts forecast PETS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PETS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Petmed Express Inc (PETS)'s revenue for the last quarter?

Petmed Express Inc revenue for the last quarter amounts to 42.82M USD, decreased -7.85

What is Petmed Express Inc (PETS)'s earnings per share (EPS) for the last quarter?

Petmed Express Inc. EPS for the last quarter amounts to -0.19 USD, decreased -66.07

How many employees does Petmed Express Inc (PETS). have?

Petmed Express Inc (PETS) has 189 emplpoyees as of July 08 2026.

What is Petmed Express Inc (PETS) market cap?

Today PETS has the market capitalization of 41.03M USD.