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

1 Wall Street 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 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 brokers have issued 12-month price targets for Wag! Group's shares. Their PET share price targets range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 279.1% 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 start of the year. Since then, PET shares have increased by 20.5% and is now trading at $2.11. View the best growth stocks for 2024 here .

Are investors shorting Wag! Group?

Wag! Group saw a drop in short interest in March. As of March 31st, there was short interest totaling 21,900 shares, a drop 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 shares of the stock are short sold. 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) issued its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.04. The company had revenue of $21.67 million for the quarter, compared to analysts' expectations of $20.70 million. Wag! Group had a negative trailing twelve-month return on equity of 275.90% and a negative net margin of 15.87%.

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 issued an update on 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

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)

Free PET Stock Alerts

$2.11

+0.03 (+1.44%)

(As of 04/19/2024 ET)

Compare

Today's Range: $2.02
▼
$2.16
50-Day Range: $1.91
▼
$2.22
52-Week Range: $1.59
▼
$2.70

Volume: 39,534 shs
Average Volume: 68,250 shs
Market Capitalization: $85.12 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: 279.1% Upside
$8.00 Price Target
Short Interest: Healthy
0.17% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.44
Based on 10 Articles This Week
Insider Trading: Selling Shares
$689,213 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.

3.29 out of 5 stars

Consumer Discretionary Sector

125th out of 265 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 0.44. 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 10 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 $689,213.00 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 -6.03, 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 -6.03, 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 52.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Altimetry

Secret Bull Market Starts in This Unusual Sector

"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.

Click for my No. 1 investment, all free of charge, click here.

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 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.

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 | americanbankingnews.com

Dylan Allread Sells 35,855 Shares of Wag! Group Co. (NASDAQ:PET) Stock

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 19, 2024 | finance.yahoo.com

Wag! Group Co. (PET)

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

7 Penny Stocks That Deserve a Closer Look in Q2

April 4, 2024 | sports.yahoo.com

Amid NC State’s Final Four run, a tribute to a Wolfpacker who gave — and never gave up

April 3, 2024 | msn.com

Kirsten Dunst Confronts ‘Civil War’ Hysteria, Hollywood Pay Gaps and the Media Dividing America: ‘Everything Is Broken’

April 2, 2024 | dailymail.co.uk

Incredible moment driver flies out of his vehicle after flipping it while driving on a beach in Kuwait... and is unharmed after landing in the sea

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.

See More Headlines

Receive PET Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Wag! Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/14/2024
Today: 4/20/2024
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: +279.1%
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: 1.01
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.04 per share
Price / Book: 52.75

Miscellaneous

Outstanding Shares: 40,340,000
Free Float: 30,702,000
Market Cap: $85.12 million
Optionable: Not Optionable
Beta: 2.33

These 7 Stocks Will Be Magnificent in 2024

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

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 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 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 brokers have issued 12-month price targets for Wag! Group's shares. Their PET share price targets range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 279.1% 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 start of the year. Since then, PET shares have increased by 20.5% and is now trading at $2.11.
View the best growth stocks for 2024 here.
Are investors shorting Wag! Group?: Wag! Group saw a drop in short interest in March. As of March 31st, there was short interest totaling 21,900 shares, a drop 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 shares of the stock are short sold.
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) issued its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.04. The company had revenue of $21.67 million for the quarter, compared to analysts' expectations of $20.70 million. Wag! Group had a negative trailing twelve-month return on equity of 275.90% and a negative net margin of 15.87%.
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 issued an update on 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 4/20/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial