PetMed Express, Inc., doing business as PetMeds, is a direct-to-consumer pet pharmacy. Co. 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. Co. offers various pet supplies, including beds, crates, stairs and other pet supplies. We show 61 historical shares outstanding datapoints in our PETS shares outstanding history coverage, used to compute PETS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PETS market cap history over the course of time is important for investors
interested in comparing PETS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PETS versus a peer is one thing; comparing
PETS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PETS can fluctuate over the course of history.
With this page we aim to empower investors researching PETS by allowing them to research the PETS market cap history. |
Free PETS Email Alerts:
Video: The Importance of Market Cap
