PetMed Express Delays Filing of Annual Report

Petmed Express ( (PETS) ) has released a notification of late filing.

PetMed Express, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending March 31, 2025. The primary reason for the delay is the need for additional time to compile and verify necessary information for the completion of its financial statements. The company plans to file the report within the 15-day extension period allowed under SEC rules. Preliminary financial results indicate a decrease in net sales to between $231.6 million and $233.6 million, compared to $281.1 million in the previous year, and a reduced net loss of $4.5 million to $5.0 million, down from $7.5 million. The company is committed to ongoing compliance efforts, with the notification signed by Robyn D’Elia, Chief Financial Officer and Treasurer.

The most recent analyst rating on (PETS) stock is a Sell with a $3.50 price target. To see the full list of analyst forecasts on Petmed Express stock, see the PETS Stock Forecast page.

Spark’s Take on PETS Stock

According to Spark, TipRanks’ AI Analyst, PETS is a Neutral.

Petmed Express shows a mixed financial performance with strong balance sheet stability but weak profitability and inconsistent cash flow. Technical analysis indicates a bearish trend with oversold conditions, while valuation metrics suggest the stock may be overvalued. The earnings call highlights progress in profitability and strategic investments, but challenges remain in sales and competitive pressures. Overall, the stock score reflects these combined factors, indicating moderate potential with significant risks.

To see Spark’s full report on PETS stock, click here.

More about Petmed Express

Average Trading Volume: 157,091

Technical Sentiment Signal: Strong Sell

Current Market Cap: $73.74M

See more data about PETS stock on TipRanks’ Stock Analysis page.