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StockIceMan's Weekly Stock Pick
Week of June 19, 2006


Stock: PetMed Express, Inc.
Ticker Symbol: PETS - Nasdaq - Specialty Retail - Pet Medications
Buy: 13.00 to 13.50
Sell: 20.00
Info: PetMed Express, Inc., doing business as 1-800-PetMeds, delivers prescription and non prescription pet medications and other health products for dogs, cats, and horses in the United States. The company’s prescription medication products include heartworm treatments, thyroid and arthritis medications, antibiotics, and other specialty medications, as well as generic substitutes. Its non prescription medication products include flea and tick control products, bone and joint care products, vitamins and nutritional supplements, and hygiene products. The company sells its products primarily to retail consumers. It sells its non prescription medications to various businesses, including pet stores, groomers, and traditional brick and mortar stores. The company markets its products through its 1-800-PetMeds toll free number, television advertising, and on the Internet through its Web site at www.1800petmeds.com. PetMed Express was founded in 1996 and is based in Pompano Beach, Florida
Financial Info: For the fiscal year ended 3/31/2006, revenues increased 27% to $137.6 million. Net income increased 51% to $12.1 million.
Key Ratios: Current Ratio: 8.02, Total Debt/Equity: 0.00, Trailing P/E: 27.13x, Forward P/E: 18.01x,  Price/Book: 8.96, Price/Sales: 2.46.
Share Info: There are 24.01 million shares outstanding with 16.89 million shares in the trading float. Institutions own approximately 48.10% of the shares outstanding. There have been no insider purchases and 26 insider sales totaling 926,671 shares in the last six months. Real-Time SEC Filings

As of 5/10/2006, there were 2.33 million shares short.

Net Institutional Buying:   910,017 million shares prior to latest quarter.
Articles: PETMED EXPRESS INC Financials

 
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