PetMed Express, Inc. (PETS) Dividends

PETS Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Petmed Express Inc, the DDM model generated by StockNews estimates a return of positive 381.74% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Petmed Express Inc are:

• Beta tells us how volatile a stock's price is relative to the broader equity index; as for PETS, approximately 95.89% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
• The stock's annual revenue of roughly $292 million puts it in the small-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than 94.39% of companies in the same revenue class.

PETS Dividends vs. Peers