Wag! Group (PET) to Release Quarterly Earnings on Thursday

Wag! Group (NASDAQ:PET - Get Free Report) will be posting its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Wag! Group has set its FY 2024 guidance at EPS.

Wag! Group (NASDAQ:PET - Get Free Report) last released its earnings results on Wednesday, February 14th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.04). Wag! Group had a negative return on equity of 275.90% and a negative net margin of 15.87%. The firm had revenue of $21.67 million during the quarter, compared to the consensus estimate of $20.70 million.

Wag! Group Price Performance

Wag! Group stock remained flat at $2.27 during midday trading on Tuesday. 51,177 shares of the company were exchanged, compared to its average volume of 65,522. Wag! Group has a 12 month low of $1.59 and a 12 month high of $2.70. The stock has a 50-day simple moving average of $2.09 and a two-hundred day simple moving average of $1.91. The company has a market capitalization of $91.57 million, a price-to-earnings ratio of -6.57 and a beta of 2.01. The company has a debt-to-equity ratio of 15.59, a quick ratio of 1.73 and a current ratio of 1.73.

Insider Buying and Selling at Wag! Group

In other Wag! Group news, CTO Maziar Arjomand sold 13,219 shares of the business's stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $1.94, for a total transaction of $25,644.86. Following the completion of the transaction, the chief technology officer now owns 963,853 shares in the company, valued at $1,869,874.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Wag! Group news, CTO Maziar Arjomand sold 13,219 shares of the business's stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $1.94, for a total transaction of $25,644.86. Following the completion of the transaction, the chief technology officer now owns 963,853 shares in the company, valued at $1,869,874.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Adam Storm sold 48,221 shares of Wag! Group stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $2.20, for a total transaction of $106,086.20. Following the sale, the insider now directly owns 1,120,916 shares of the company's stock, valued at approximately $2,466,015.20. The disclosure for this sale can be found here. Insiders sold 307,173 shares of company stock worth $648,769 over the last 90 days. Company insiders own 23.20% of the company's stock.

About Wag! Group

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.