Posts Tagged ‘Pet’

PetMed Express Inc. (PETS) – a nationwide pet pharmacy that delivers prescription and non prescription pet medications for dogs, horses, and cats out directly to the consumer. PetMed Express also sells pet accessories, pet food,health, and nutritional supplements. PetMed’s products are bought over the Phone, and via the Internet.

Not only in a recent blog post (9/21/2011) did I announce a PoulTrend Alert! I discussed how this company was going to blow out analysis predictions. As announced Yesterday, PetMed Express Inc. (PETS) not only increased Revenues for the quarter from $50.5 million, from $45.1 million a year prior. (PETS) closed trading up $1.24 +(11.00%) at $12.51. Over the past 52 weeks (PETS) has traded between $16.16-$8.51. However over the past month the company has been trading in upward fashion now eclipsing the 6 month trading average.

With a dividend payout close to 0.13 a quarter or 0.50 a share each year for the long portfolio investors this is a wonderful investment for the future. I expect this company to continue to out beat analysis predictions for some time. Currently I Rate PetMed Express Inc. (PETS) a BUY/HOLD, with a Target Price of $15.00.

Research In Motion Ltd. (NASDAQ:RIMM) – are a manufacturer, marketer, and designer of wireless solutions for the worldwide mobile communications market. RIM provides platforms + solutions for access to information, including E-Mail, Voice, Instant Messaging, Short Message Service (SMS), Internet and intranet – based apps and browsing. RIM’s Portfolio includes Blackberry Wireless solution, of which is their Handheld product line.

Not only did (NASDAQ:RIMM) drop over 6% yesterday but has been on a downtrend for sometime. Many are questioning this company as a company to invest in or to stay away from.

Currently I Rate (RIMM) a HOLD/SELL!  There will be news someday down the road that may spike the shares, however there should be steady downtrend until stock hits $12.50. At that point in time would I then possible think about investing in this company. As we have all seen trends, especially now fade, and disappear faster than most people can imagine. I am not saying that this company is done, and over but I think for now that RIMM Will be a lost company for sometime.

Not only have they lost a large share in the cell phone market, but it seems as though the company is unsure of where they are heading next. With this company however having virtually no Debt, it would not surprise me if they do not pick up a company or two over the next year. Possibly even selling some of their patients off, and reworking their phones which could take some time to get up and running.  As there is now new management involved I cannot see them doing anything spectacular over the next 6-8 months.

 

Currently I do not hold a position in PetMed Express Inc.(PETS) or Research In Motion (RIMM) nor plan to initiate a position in the next 3 trading days.

 

 

 

 

 

 

 

 

 

PetMed Express, INC (PETS) – A pet pharmacy of which sells prescription + over the counter pet medications through 1-800PETMEDS and http://www.1800petmeds.com of which reported Q1 Net sales,Income ending June 30th.

Net Sales – $73.6 Million

Net Income – $4.8 Million

As reported there was a 1.1% decrease in Net Sales, and a 33% decrease in net income compared to the same quarter 1 year ago.  What was the reason for this decrease?? Firstly their may of been a decrease because PetMed Express (PETS) has to deal with some competition like PetSmart (PETM) and Wal-Mart (WMT). Another key attribute of which is playing a role in this may be that Vets still own over 70% of the pet medication Market.

“Although our sales were slightly down due to our more aggressive flea and tick product pricing, we had a slight increase in orders, which was positive,” said president and CEO Menderes Akdag

On a positive note Sales increased 1.3% to $17 Million according to Pompano Beach,Fla based company. Not to mention they have increased new customers by 102% year over year from 220,000 new customers Q1 2010, to 226,000 new customers Q1 2011. Menderes Akdag also announced that online sales jumped 3.4% to $54.1 million, and 73 percent of orders generated have now come from the Web or their online website. As the online world continues to be the forefront of shopping these days their is no question that numbers will continue to increase over the coming years ahead. PetMeds is ahead of the competition as a whole with being fully licensed as a pharamacy across all the 50 USA States. With estimates stating that roughly 70 Million plus USA households currently have pets and spend close to 50 Billion plus a year on them, there is customers to gain, and much much more money to be made. With PetMeds wonderful work ethic in this market it is no wonder why they have such great customer service of which continues to benefit them on all aspects.

At close today 8/15/2011 PetMed Express (PETS) closed around $10.00 which is 0.60 up from the 52 week low, and almost $9.00 from the peak of $18.87. If America loves Medications like we say and act like we do, than why not be for Pet Medication.

Currently PetMeds Express is a HOLD HOLD HOLD or, BUY BUY BUY

Disclosure – Currently I hold no position in PetMed Express, INC (PETS) nor plan to initiate a position in the next 3 trading days.