Wag! Group (PET) Stock Price, News & Analysis

Company Overview

Wag! Group Co. develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. Its platform allows pet parents, who require specific pet care services, such as dog walking, pet sitting and boarding, advice from licensed pet experts, home visits, training, and pet insurance comparison tools. The company was founded in 2014 and is headquartered in San Francisco, California.

Key Stats

• Today's Range: $0.20 to $0.22
• 50-Day Range: $0.17 to $0.85
• 52-Week Range: $0.14 to $2.47
• Volume: 752,624 shs
• Average Volume: 732,979 shs
• Market Capitalization: $10.95 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.40
• Consensus Rating: Moderate Buy

Wag! Group Stock Analysis - MarketRank™

Wag! Group scored higher than 48% of companies evaluated by MarketBeat, and ranked 165th out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Wag! Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Wag! Group has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Wag! Group is -0.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wag! Group is -0.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Wag! Group has a P/B Ratio of 5.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.57% of the float of Wag! Group has been sold short.

Short Interest Ratio / Days to Cover

Wag! Group has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wag! Group has recently increased by 59.81%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Wag! Group does not currently pay a dividend.

Dividend Growth

Wag! Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

14.57% of the float of Wag! Group has been sold short.

Short Interest Ratio / Days to Cover

Wag! Group has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wag! Group has recently increased by 59.81%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

Search Interest

9 people have searched for PET on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.

MarketBeat Follows

5 people have added Wag! Group to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Wag! Group insiders have bought 131.56% more of their company's stock than they have sold. Specifically, they have bought $46,500.00 in company stock and sold $20,081.00 in company stock.

Percentage Held by Insiders

23.20% of the stock of Wag! Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

86.16% of the stock of Wag! Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PET Stock Analysis - Frequently Asked Questions

How have PET shares performed this year?

Wag! Group's stock was trading at $1.7514 at the beginning of 2024. Since then, PET shares have decreased by 87.4% and is now trading at $0.22.
View the best growth stocks for 2024 here.

Who are Wag! Group's major shareholders?

Wag! Group's top institutional investors include Whetstone Capital Advisors LLC (4.55%). Insiders that own company stock include John P Szabo Jr, Scott Stanford, Adam Storm, Maziar Arjomand, Garrett Smallwood, Alec Davidian, Patrick Mccarthy, Dylan Allread, David Cane, Nicholas Yu and Brian Yee.
View institutional ownership trends.

How do I buy shares of Wag! Group?

Shares of PET 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.

What other stocks do shareholders of Wag! Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wag! Group investors own include Tesla (TSLA), Taiwan Semiconductor Manufacturing (TSM), PayPal (PYPL), Advanced Micro Devices (AMD), Meta Platforms (META) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Personal services
• Sub-Industry: Personal Services
• Current Symbol: NASDAQ:PET
• CUSIP: N/A
• CIK: 1842356
• Web: www.wagwalking.com
• Phone: 707-324-4219
• Fax: N/A
• Employees: 84
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.40
• High Stock Price Target: $8.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +1,900.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.39)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-13,320,000.00
• Net Margins: -21.13%
• Pretax Margin: -21.01%
• Return on Equity: -6,427.25%
• Return on Assets: -41.74%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.62
• Quick Ratio: 0.62

Sales & Book Value

• Annual Sales: $76.75 million
• Price / Sales: 0.14
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.04 per share
• Price / Book: 5.50

Miscellaneous

• Outstanding Shares: 49,791,000
• Free Float: 38,239,000
• Market Cap: $10.95 million
• Optionable: Not Optionable
• Beta: 1.22