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NASDAQ:PETQ

PetIQ (PETQ) Stock Price, News & Analysis

PetIQ logo
$30.98 0.00 (0.00%)
(As of 10/25/2024)

About PetIQ Stock (NASDAQ:PETQ)

Key Stats

Today's Range
$30.98
$30.98
50-Day Range
$30.64
$30.99
52-Week Range
$15.09
$31.06
Volume
N/A
Average Volume
480,624 shs
Market Capitalization
$925.99 million
P/E Ratio
79.44
Dividend Yield
N/A
Price Target
$29.67
Consensus Rating
Moderate Buy

Company Overview

PetIQ, Inc. operates as a pet medication and wellness company in the United States and internationally. It operates in two segments, Products and Services. The company offers Rx pet medications, which sells flea and tick control, heartworm preventatives, arthritis, thyroid, diabetes and pain treatments, antibiotics, and other specialty medications; and develops and manufactures its own proprietary value-branded products, as well as third-party branded products for dogs and cats. It also provides OTC medications and supplies primarily within the flea and tick control, dog dewormers, and behavior management categories of the health and wellness industry in various forms, such as spot on (topical) treatments, chewables, oral tablets, and collars. In addition, the company offers health and wellness products that include dog and cat treats, oral health solutions, stain and odor treatments, and pet nutritional supplements under the PetArmor®, Rocco & Roxie®, VetIQ®, Minties® and Sentry® brands. It provides its products primarily under the PetIQ, PetArmor, VIP Petcare, VetIQ PetCare, VetIQ, Capstar, Advecta, SENTRY, Sergeants, PurLuv, Rocco & Roxie, Minties, Heart Shield Plus, and TruProfen brand names. In addition, the company operates veterinarian service platform through community clinics, pop-up locations, wellness centers, and permanent locations that offer cost effective and convenient veterinary wellness services, including diagnostic tests, vaccinations, prescription medications, microchipping, grooming and hygiene, and wellness checks; and provides veterinary care services. It operates through veterinarian, retail, and e-commerce channels. PetIQ, Inc. was founded in 2010 and is headquartered in Eagle, Idaho.

PetIQ Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
31st Percentile Overall Score

PETQ MarketRank™: 

PetIQ scored higher than 31% of companies evaluated by MarketBeat, and ranked 773rd out of 970 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PetIQ has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    PetIQ has received no research coverage in the past 90 days.

  • Read more about PetIQ's stock forecast and price target.
  • Earnings Growth

    Earnings for PetIQ are expected to grow by 12.50% in the coming year, from $1.12 to $1.26 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PetIQ is 79.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.87.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PetIQ is 79.44, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 66.37.

  • Price to Book Value per Share Ratio

    PetIQ has a P/B Ratio of 4.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.70% of the float of PetIQ has been sold short.
  • Short Interest Ratio / Days to Cover

    PetIQ has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in PetIQ has recently decreased by 15.70%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    PetIQ does not currently pay a dividend.

  • Dividend Growth

    PetIQ does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.70% of the float of PetIQ has been sold short.
  • Short Interest Ratio / Days to Cover

    PetIQ has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in PetIQ has recently decreased by 15.70%, indicating that investor sentiment is improving significantly.
  • Search Interest

    2 people have searched for PETQ on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PetIQ insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 9.62% of the stock of PetIQ is held by insiders.

  • Percentage Held by Institutions

    94.99% of the stock of PetIQ is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about PetIQ's insider trading history.
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PETQ Stock News Headlines

PetIQ Acquired by Bansk Group, Delisted from Nasdaq
PetIQ announces completion of acquisition by Bansk Group
Strange: Why is Amazon suddenly yielding 39.70%?
Something big is happening with Amazon stock… While most investors collect ZERO dividends from Amazon… A small group just discovered a "backdoor" way to collect yields up to 39.70%!
PetIQ Merges with Bansk Group in $1.5B Deal
PetIQ Inc Class A
See More Headlines

PETQ Stock Analysis - Frequently Asked Questions

PetIQ's stock was trading at $19.75 on January 1st, 2024. Since then, PETQ shares have increased by 56.9% and is now trading at $30.98.
View the best growth stocks for 2024 here
.

PetIQ, Inc. (NASDAQ:PETQ) released its quarterly earnings data on Wednesday, August, 7th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.20. The company's revenue was up 4.6% compared to the same quarter last year.

PetIQ (PETQ) raised $86 million in an initial public offering (IPO) on Friday, July 21st 2017. The company issued 5,700,000 shares at a price of $14.00-$16.00 per share. Jefferies and William Blair acted as the underwriters for the IPO and Oppenheimer, Raymond James and SunTrust Robinson Humphrey were co-managers.

Top institutional shareholders of PetIQ include Alpine Associates Management Inc. (2.19%), Geode Capital Management LLC (2.15%), State Street Corp (2.09%) and Citigroup Inc. (1.74%). Insiders that own company stock include Michael A Smith, Zvi Glasman, Allan Hall, Scott Huff, Susan Sholtis, Mccord Christensen and Robert Michael Herrman.
View institutional ownership trends
.

Shares of PETQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that PetIQ investors own include NVIDIA (NVDA), Humana (HUM), Meta Platforms (META), American Water Works (AWK), Broadcom (AVGO), Voyager Therapeutics (VYGR) and TotalEnergies (TTE).

Company Calendar

Last Earnings
8/07/2024
Today
11/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Drugs, proprietaries, & sundries
Sub-Industry
Wholesale
Current Symbol
NASDAQ:PETQ
Fax
N/A
Employees
1,933
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.67
High Stock Price Target
$31.00
Low Stock Price Target
$28.00
Potential Upside/Downside
-4.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$2.13 million
Pretax Margin
1.29%

Debt

Sales & Book Value

Annual Sales
$1.10 billion
Cash Flow
$2.68 per share
Book Value
$7.58 per share

Miscellaneous

Free Float
27,011,000
Market Cap
$925.99 million
Optionable
Optionable
Beta
1.73
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This page (NASDAQ:PETQ) was last updated on 11/17/2024 by MarketBeat.com Staff
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