Should I buy or sell Wag! Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wag! Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PET shares. View PET analyst ratings or view top-rated stocks .

What is Wag! Group's stock price target for 2024?

1 equities research analysts have issued 12-month price objectives for Wag! Group's shares. Their PET share price targets range from $8.00 to $8.00. On average, they anticipate the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 284.6% from the stock's current price. View analysts price targets for PET or view top-rated stocks among Wall Street analysts .

How have PET shares performed in 2024?

Wag! Group's stock was trading at $1.7514 at the beginning of 2024. Since then, PET stock has increased by 18.8% and is now trading at $2.08. View the best growth stocks for 2024 here .

Are investors shorting Wag! Group?

Wag! Group saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 21,900 shares, a decrease of 51.5% from the March 15th total of 45,200 shares. Based on an average trading volume of 73,600 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company's shares are sold short. View Wag! Group's Short Interest .

When is Wag! Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our PET earnings forecast .

How were Wag! Group's earnings last quarter?

Wag! Group Co. (NASDAQ:PET) posted its earnings results on Wednesday, February, 14th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by $0.04. The business had revenue of $21.67 million for the quarter, compared to analysts' expectations of $20.70 million. Wag! Group had a negative net margin of 15.87% and a negative trailing twelve-month return on equity of 275.90%.

What ETF holds Wag! Group's stock?

ProShares Pet Care ETF holds 140,375 shares of PET stock, representing 4.72% of its portfolio.

What guidance has Wag! Group issued on next quarter's earnings?

Wag! Group updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $105.0 million-$115.0 million, compared to the consensus revenue estimate of $101.7 million.

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 .

NASDAQ:PET

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

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Free PET Stock Alerts

$2.08

-0.04 (-1.89%)

(As of 04/18/2024 ET)

Compare

Today's Range: $2.07
▼
$2.12
50-Day Range: $1.91
▼
$2.22
52-Week Range: $1.59
▼
$2.70

Volume: 24,418 shs
Average Volume: 68,634 shs
Market Capitalization: $83.91 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.00

Get Wag! Group alerts:

Wag! Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 284.6% Upside
$8.00 Price Target
Short Interest: Healthy
0.17% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.47
Based on 9 Articles This Week
Insider Trading: Selling Shares
$668,453 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.27 out of 5 stars

Consumer Discretionary Sector

125th out of 250 stocks

Personal Services Industry

4th out of 10 stocks

3.5

Analyst's Opinion

Consensus Rating
Wag! Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Wag! Group has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.17% 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 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Wag! Group has recently decreased by 51.55%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Wag! Group does not currently pay a dividend.
Dividend Growth
Wag! Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PET.

2.5

News and Social Media Coverage

News Sentiment
Wag! Group has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Wag! Group this week, compared to 2 articles on an average week.
Search Interest
5 people have searched for PET on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wag! Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $668,453.00 in company stock.
Percentage Held by Insiders
23.90% 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.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Wag! Group is -5.94, 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 -5.94, 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 52.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Wag! Group Stock (NASDAQ:PET)

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.

PET Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PET Stock News Headlines

April 18, 2024 | insidertrades.com

Wag! Group Co. (NASDAQ:PET) COO Sells $76,012.60 in Stock

April 10, 2024 | insidertrades.com

Wag! Group Co. (NASDAQ:PET) CTO Sells $12,561.80 in Stock

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 6, 2024 | insidertrades.com

Wag! Group Co. (NASDAQ:PET) CTO Maziar Arjomand Sells 5,166 Shares

April 3, 2024 | insidertrades.com

Insider Selling: Wag! Group Co. (NASDAQ:PET) CTO Sells 11,908 Shares of Stock

March 29, 2024 | insidertrades.com

Wag! Group Co. (NASDAQ:PET) CTO Sells $15,501.56 in Stock

March 27, 2024 | insidertrades.com

Wag! Group Co. (NASDAQ:PET) CTO Sells $25,644.86 in Stock

April 19, 2024 | finance.yahoo.com

Wag! Group Co. (PET)

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 18, 2024 | wfft.com

Community Champs: Wags & Wiggles Rescue

April 16, 2024 | msn.com

Owner of dog rescued from 15ft-deep hole sought as 'gentle giant' begins to wag his tail

April 12, 2024 | msn.com

Philippines trains pet dogs for search and rescue

April 12, 2024 | finance.yahoo.com

Wag N' Wash of Ann Arbor Hosts Community-Wide Adoption Event This Weekend

April 10, 2024 | americanbankingnews.com

Wag! Group Co. (NASDAQ:PET) CTO Maziar Arjomand Sells 5,870 Shares

April 10, 2024 | seekingalpha.com

PET Wag! Group Co.

April 9, 2024 | yahoo.com

‘Punky Brewster’ Cast: Where Are They Now?

April 9, 2024 | finance.yahoo.com

Global Pet Sitting Market Set to Experience Significant Growth, Accelerating at a CAGR of 9.87% from 2023 to 2028

April 7, 2024 | investorplace.com

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April 1, 2024 | forbes.com

Should You Pay Your Mortgage Off Early Or Keep The Tax Deduction?

March 31, 2024 | newsweek.com

Moment Deep Sleeping Senior Dog Senses Owner: 'Tail Wag'

March 29, 2024 | msn.com

2024 Knoxville Easter egg hunts, Easter bunny photos and events continue this weekend

March 18, 2024 | finance.yahoo.com

16 Small Business Ideas for Senior Citizens

March 15, 2024 | msn.com

An Irish Blessing: May your dog rise up to meet you, with a bark and a wag of the tail.

March 11, 2024 | money.yahoo.com

Stocks kick off week in the red, volatility moves higher

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Personal services
Sub-Industry: N/A
Current Symbol: NASDAQ:PET
CUSIP: N/A
CIK: 1842356
Web: www.wagwalking.com
Phone: 707-324-4219
Fax: N/A
Employees: 82
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.00
High Stock Price Target: $8.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +284.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.35)
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: -15.87%
Pretax Margin: -16.42%
Return on Equity: -275.90%
Return on Assets: -25.62%

Debt

Debt-to-Equity Ratio: 15.59
Current Ratio: 1.73
Quick Ratio: 1.73

Sales & Book Value

Annual Sales: $83.92 million
Price / Sales: 1.00
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.04 per share
Price / Book: 52.00

Miscellaneous

Outstanding Shares: 40,340,000
Free Float: 30,702,000
Market Cap: $83.91 million
Optionable: Not Optionable
Beta: 2.33

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Key Executives

Mr. Garrett Smallwood (Age 33)
CEO, Chief Pet Officer & Chairman
Comp: $879.77k
Mr. Adam Storm (Age 32)
President & Chief Product Officer
Comp: $879.77k
Mr. Mazi Arjomand (Age 31)
Chief Technology Officer
Comp: $879.77k
Mr. Alec Davidian (Age 40)
Chief Financial Officer
Mr. Dylan Allread (Age 38)
Chief Operating Officer
Mr. Nicholas Yu (Age 41)
Director of Legal & General Counsel
Mr. Patrick McCarthy (Age 42)
Chief Marketing Officer
Mr. David Cane (Age 40)
Chief Customer Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PET Stock Analysis - Frequently Asked Questions

Should I buy or sell Wag! Group stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wag! Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PET shares.
View PET analyst ratings or view top-rated stocks.
What is Wag! Group's stock price target for 2024?: 1 equities research analysts have issued 12-month price objectives for Wag! Group's shares. Their PET share price targets range from $8.00 to $8.00. On average, they anticipate the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 284.6% from the stock's current price.
View analysts price targets for PET or view top-rated stocks among Wall Street analysts.
How have PET shares performed in 2024?: Wag! Group's stock was trading at $1.7514 at the beginning of 2024. Since then, PET stock has increased by 18.8% and is now trading at $2.08.
View the best growth stocks for 2024 here.
Are investors shorting Wag! Group?: Wag! Group saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 21,900 shares, a decrease of 51.5% from the March 15th total of 45,200 shares. Based on an average trading volume of 73,600 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company's shares are sold short.
View Wag! Group's Short Interest.
When is Wag! Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our PET earnings forecast.

How were Wag! Group's earnings last quarter?: Wag! Group Co. (NASDAQ:PET) posted its earnings results on Wednesday, February, 14th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by $0.04. The business had revenue of $21.67 million for the quarter, compared to analysts' expectations of $20.70 million. Wag! Group had a negative net margin of 15.87% and a negative trailing twelve-month return on equity of 275.90%.
What ETF holds Wag! Group's stock?: ProShares Pet Care ETF holds 140,375 shares of PET stock, representing 4.72% of its portfolio.
What guidance has Wag! Group issued on next quarter's earnings?: Wag! Group updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $105.0 million-$115.0 million, compared to the consensus revenue estimate of $101.7 million.
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.

This page (NASDAQ:PET) was last updated on 4/19/2024 by MarketBeat.com Staff

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