Pets Industry Stocks( $CENT, $CENTA, $PDCO...) Roar with an Average Gain of 91.71% in the Last Month
The pets industry, encompassing various businesses related to the healthcare and daily needs of our furry friends, has recently been a hot topic among investors. From pet veterinarian and rehabilitation supplies to pet food and health insurance, the sector offers a wide range of products and services that cater to the ever-growing pet-loving population. In this article, we'll take a closer look at some of the key players in the pets industry and their recent stock performance
🌐Tickers in Industry - $CENT, $CENTA, $PDCO, $PETS, $FRPT, $TRUP, $PETQ, $DOGZ, $CHWY
Trend Trader, Long Only: Valuation & Hurst Model (TA&FA) - Annualized Return + 15%
Theme and Group of Tickers Inside the Theme
The pets industry theme revolves around companies that provide products and services related to pet care and well-being. Notable companies within this theme include Patterson Companies Inc., Freshpet Inc., and Trupanion Inc. These companies cater to the diverse needs of pet owners, ensuring that their furry companions receive the best care possible.
Market Cap
The average market capitalization across companies within the pets theme is approximately $2.4 billion. Within this group, market caps range from as low as $10.2 million to as high as $9.1 billion. Notably, Chewy Inc. (CHWY) holds the highest valuation at $9.1 billion, while Dogness International (DOGZ) is the lowest valued company at $10.2 million.
High and Low Price Notable News
Over the last month, stocks within the pets theme have demonstrated impressive price growth. On average, these stocks saw a remarkable monthly price increase of 91.71%, showcasing the sector's robust performance. Freshpet Inc. (FRPT) experienced the highest price growth at 17.68%, while PetMed Express Inc. (PETS) faced the most substantial decline at -22.66%.
Recent news highlights the volatility within the sector. For instance, Trupanion Inc. (TRUP) saw a weekly gain of +7.57% on November 3rd, suggesting a potential uptrend continuation. However, on August 15th, TRUP experienced a weekly decline of -8.38%, emphasizing the market's unpredictability. Furthermore, Dogness International (DOGZ) faced a significant weekly loss of -15.78% on July 27th, highlighting the variability even among penny stocks.
Volume
Trading volume is an essential aspect of stock market dynamics, and the pets industry stocks have seen significant fluctuations in this regard. The average weekly volume growth across all stocks in the pets theme was 46.75%. Monthly and quarterly average volume growth rates were 5.85% and 50.05%, respectively.
Noteworthy volume events include Central Garden & Pet Company (CENT) experiencing a record-breaking daily volume growth of 208% of the 65-Day Volume Moving Average on June 24th. Similarly, Dogness International (DOGZ) witnessed a massive daily volume increase of 1,638% of the 65-Day Volume Moving Average on May 13th. Freshpet Inc. (FRPT) also saw a substantial daily volume surge, reaching 674% of the 65-Day Volume Moving Average on March 16th.
Fundamental Analysis Ratings
While this article has focused on recent stock performance, it's important to note that fundamental analysis ratings provide a comprehensive evaluation of a company's financial health and outlook. These ratings, ranging from 1 (best) to 100 (worst), can help investors make informed decisions about the long-term prospects of a stock.
In conclusion, the pets industry stocks have recently been on a remarkable upswing, with an average gain of 91.71% over the last month. Investors interested in this theme may want to keep an eye on companies like Patterson Companies Inc., Freshpet Inc., and Trupanion Inc., which are actively contributing to the well-being of our beloved pets. However, as with any investment, it's crucial to conduct thorough research and consider fundamental analysis ratings to make informed decisions in this dynamic sector.
CENT : CENT's stock has exhibited a notable uptrend, appreciating by 2.33% and extending its ascent for the third consecutive day as of November 6, 2023. Such a consistent upward movement is traditionally interpreted within the market as a bullish indicator, suggesting potential for ongoing growth. Historical patterns reinforce this optimism; an analysis of similar three-day gains for CENT reveals that in 221 out of 314 instances, the stock experienced further gains in the subsequent month. This pattern translates to a 70% probability of continued upward momentum, making CENT a stock to watch closely for sustained growth.
CENTA : CENTA's shares are on the rise, marking a +2.39% increase and signaling a bullish trend with growth over three successive days as of November 6, 2023. This pattern is often seen as a positive signal for potential advancement. Historical performance analysis indicates that when CENTA has previously shown a similar pattern of growth, it has led to further increases in the following month in 218 out of 303 occurrences. This suggests a 72% likelihood of the stock's continued upward trajectory. Investors should monitor CENTA for future growth prospects given these favorable odds.
PDCO : PDCO's stock has demonstrated a positive momentum shift as its 10-day moving average has decisively crossed above its 50-day moving average as of October 25, 2023. This crossover is typically interpreted as a bullish signal that may suggest a strategic buying opportunity. Historical analysis lends credence to this outlook, revealing that PDCO's stock has risen in the month following such a crossover in 14 out of 16 cases. This pattern suggests an 88% probability that the stock will maintain its upward trajectory. Market watchers are advised to consider PDCO for potential inclusion in growth-focused portfolios.
CENT's RSI Oscillator peaks and leaves overbought zone
The 10-day RSI Oscillator for CENT moved out of overbought territory on December 18, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 instances where the indicator moved out of the overbought zone. In of the 35 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 19, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CENT as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CENT turned negative on December 19, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CENT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CENT broke above its upper Bollinger Band on December 17, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CENT advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 169 cases where CENT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CENT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.044) is normal, around the industry mean (6.504). P/E Ratio (20.913) is within average values for comparable stocks, (26.887). CENT's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.471). Dividend Yield (0.000) settles around the average of (0.043) among similar stocks. P/S Ratio (0.853) is also within normal values, averaging (66.929).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a producer of products for the lawn & garden and pet supplies markets
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