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

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wag! Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities 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?

2 equities research analysts have issued twelve-month price objectives for Wag! Group's shares. Their PET share price targets range from $3.50 to $8.00. On average, they predict the company's stock price to reach $5.75 in the next twelve months. This suggests a possible upside of 197.9% 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 the year. Since then, PET stock has increased by 10.2% and is now trading at $1.93. View the best growth stocks for 2024 here .

When is Wag! Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our PET earnings forecast .

How were Wag! Group's earnings last quarter?

Wag! Group Co. (NASDAQ:PET) posted its earnings results on Thursday, May, 9th. The company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.14) by $0.03. The business earned $23.22 million during the quarter, compared to the consensus estimate of $22.60 million. Wag! Group had a negative trailing twelve-month return on equity of 553.34% and a negative net margin of 15.92%.

What ETF holds Wag! Group's stock?

ProShares Pet Care ETF holds 130,370 shares of PET stock, representing 4.50% 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 Thursday, May, 9th. The company provided 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 $108.4 million.

Who are Wag! Group's major shareholders?

Wag! Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include MMCAP International Inc. SPC (1.50%). Insiders that own company stock include Adam Storm, Alec Davidian, Brian Yee, David Cane, Dylan Allread, Garrett Smallwood, John P Szabo Jr, Maziar Arjomand, Nicholas Yu, Patrick Mccarthy and Scott Stanford. 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 .

NASDAQ:PET

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

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$1.93

-0.10 (-4.93%)

(As of 05/17/2024 08:54 PM ET)

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Compare

Today's Range: $1.90
▼
$2.06
50-Day Range: $1.91
▼
$2.44
52-Week Range: $1.59
▼
$2.65

Volume: 100,300 shs
Average Volume: 70,389 shs
Market Capitalization: $78.40 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.75

Wag! Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 197.9% Upside
$5.75 Price Target
Short Interest: Healthy
0.04% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.41
Based on 13 Articles This Week
Insider Trading: Selling Shares
$402,262 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.24) to ($0.10) Per Share

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.

3.70 out of 5 stars

Consumer Discretionary Sector

100th out of 270 stocks

Personal Services Industry

4th out of 9 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 2 buy ratings, no 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.
Read more about Wag! Group's stock forecast and price target.

5.0

Short Interest

Percentage of Shares Shorted
0.04% 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 0.2, 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 61.70%, 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 0.41. 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 is a lower news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for Wag! Group this week, compared to 3 articles on an average week.
MarketBeat Follows
1 people have added Wag! Group to their MarketBeat watchlist in the last 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 $402,262.00 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.
Read more about Wag! Group's insider trading history.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Wag! Group are expected to grow in the coming year, from ($0.24) to ($0.10) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wag! Group is -5.36, 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 -5.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Read more about Wag! Group's valuation and earnings.

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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

May 17 at 1:31 PM | insidertrades.com

Insider Selling: Wag! Group Co. (NASDAQ:PET) COO Sells 9,022 Shares of Stock

May 15, 2024 | insidertrades.com

Dylan Allread Sells 10,058 Shares of Wag! Group Co. (NASDAQ:PET) Stock

April 21, 2024 | insidertrades.com

Dylan Allread Sells 9,981 Shares of Wag! Group Co. (NASDAQ:PET) Stock

May 18 at 11:54 PM | uk.investing.com

DA Davidson slashes Wag! Group shares target, citing limited visibility

May 18 at 5:30 AM | americanbankingnews.com

DA Davidson Lowers Wag! Group (NASDAQ:PET) Price Target to $3.50

May 14, 2024 | americanbankingnews.com

Chardan Capital Reaffirms "Buy" Rating for Wag! Group (NASDAQ:PET)

May 13, 2024 | finance.yahoo.com

Wag! Group Co. (NASDAQ:PET) Q1 2024 Earnings Call Transcript

May 13, 2024 | americanbankingnews.com

Wag! Group Co. (NASDAQ:PET) Sees Significant Decline in Short Interest

May 12, 2024 | finance.yahoo.com

Here's What Analysts Are Forecasting For Wag! Group Co. (NASDAQ:PET) After Its First-Quarter Results

May 11, 2024 | finance.yahoo.com

Wag! Group First Quarter 2024 Earnings: Misses Expectations

May 8, 2024 | msn.com

Grateful dog rescued by firefighters in Everett

May 8, 2024 | investorplace.com

7 Promising Penny Stocks Flashing Potential Buy Signals

May 7, 2024 | msn.com

Wag the dog: Kristi Noem's puppy tale reads even worse in print

May 5, 2024 | yahoo.com

'Wag Love Life' 5K in Redmond raising money for dog cancer research

May 2, 2024 | msn.com

Around the Sound: Find fun for dogs, humans alike at Lake Sammamish Walk n Wag

May 2, 2024 | businesswire.com

Wag! Group Announces WeCompare.com: Transforming Insurance Comparison with Best-in-Class Technology and Consumer Focus

May 2, 2024 | yahoo.com

Downtown Adrian will bustle this weekend with Cinco de Mayo and Dog Days

April 30, 2024 | yahoo.com

14 Dog Breeds With Curly Tails

April 29, 2024 | businesswire.com

Wag! Rebrands Dog Food Advisor, User-Friendly Redesign Drives Increased Engagement; Launches New White Label Dog Food Calculator Experience

April 28, 2024 | cbsnews.com

What your dog's body language means | Pet Project

April 27, 2024 | yahoo.com

Kirsten Dunst Volunteered Husband Jesse Plemons for His Terrifying ‘Civil War’ Cameo

April 26, 2024 | ft.com

Everywhere an Oink Oink — David Mamet’s funny, fiendish account of 40 years in film

April 25, 2024 | finance.yahoo.com

Wag! To Report First Quarter 2024 Financial Results on May 9, 2024

April 24, 2024 | msn.com

Dogs Bring Hugs, Tail-Wags and Some Controversy to America’s Courthouses

April 23, 2024 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Identiv (INVE) and Wag! Group (PET)

See More Headlines

Company Calendar

Last Earnings: 5/09/2024
Today: 5/19/2024
Next Earnings (Estimated): 8/13/2024
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: 84
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.75
High Stock Price Target: $8.00
Low Stock Price Target: $3.50
Potential Upside/Downside: +197.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.36)
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: -15.92%
Pretax Margin: -16.45%
Return on Equity: -553.34%
Return on Assets: -27.81%

Debt

Debt-to-Equity Ratio: 15.59
Current Ratio: 1.33
Quick Ratio: 1.33

Sales & Book Value

Annual Sales: $83.92 million
Price / Sales: 0.93
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.03) per share
Price / Book: -64.33

Miscellaneous

Outstanding Shares: 40,620,000
Free Float: 31,196,000
Market Cap: $78.40 million
Optionable: Not Optionable
Beta: 2.01

Key Executives

Mr. Garrett Smallwood (Age 33)
Chairman & CEO
Comp: $852.68k
Mr. Adam Storm (Age 32)
President & Chief Product Officer
Comp: $852.68k
Mr. Mazi Arjomand (Age 31)
Chief Technology Officer
Comp: $852.68k
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?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wag! Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities 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?: 2 equities research analysts have issued twelve-month price objectives for Wag! Group's shares. Their PET share price targets range from $3.50 to $8.00. On average, they predict the company's stock price to reach $5.75 in the next twelve months. This suggests a possible upside of 197.9% 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 the year. Since then, PET stock has increased by 10.2% and is now trading at $1.93.
View the best growth stocks for 2024 here.
When is Wag! Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our PET earnings forecast.
How were Wag! Group's earnings last quarter?: Wag! Group Co. (NASDAQ:PET) posted its earnings results on Thursday, May, 9th. The company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.14) by $0.03. The business earned $23.22 million during the quarter, compared to the consensus estimate of $22.60 million. Wag! Group had a negative trailing twelve-month return on equity of 553.34% and a negative net margin of 15.92%.

What ETF holds Wag! Group's stock?: ProShares Pet Care ETF holds 130,370 shares of PET stock, representing 4.50% 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 Thursday, May, 9th. The company provided 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 $108.4 million.
Who are Wag! Group's major shareholders?: Wag! Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include MMCAP International Inc. SPC (1.50%). Insiders that own company stock include Adam Storm, Alec Davidian, Brian Yee, David Cane, Dylan Allread, Garrett Smallwood, John P Szabo Jr, Maziar Arjomand, Nicholas Yu, Patrick Mccarthy and Scott Stanford.
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.

This page (NASDAQ:PET) was last updated on 5/20/2024 by MarketBeat.com Staff

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

Wag! Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows