NASDAQ:PETQ PetIQ (PETQ) Stock Forecast, Price & News $12.61 +0.03 (+0.24%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$12.29▼$12.6850-Day Range$10.84▼$13.4752-Week Range$6.66▼$18.42Volume110,100 shsAverage Volume266,730 shsMarket Capitalization$370.48 millionP/E RatioN/ADividend YieldN/APrice Target$21.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PetIQ MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside72.5% Upside$21.75 Price TargetShort InterestBearish5.72% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.41Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth61.36%From $0.44 to $0.71 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.28 out of 5 starsMedical Sector347th out of 1,010 stocksDrugs, Proprietaries, & Sundries Industry6th out of 7 stocks 3.5 Analyst's Opinion Consensus RatingPetIQ 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.75, PetIQ has a forecasted upside of 72.5% from its current price of $12.61.Amount of Analyst CoveragePetIQ has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.72% of the float of PetIQ has been sold short.Short Interest Ratio / Days to CoverPetIQ has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in PetIQ has recently increased by 1.97%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldPetIQ does not currently pay a dividend.Dividend GrowthPetIQ does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PETQ. Previous Next 3.6 News and Social Media Coverage News SentimentPetIQ has a news sentiment score of 1.41. 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 higher news sentiment than the 0.77 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for PetIQ this week, compared to 1 article on an average week.Search Interest3 people have searched for PETQ on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added PetIQ to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PetIQ insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.52% of the stock of PetIQ is held by insiders.Percentage Held by Institutions94.71% of the stock of PetIQ is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for PetIQ are expected to grow by 61.36% in the coming year, from $0.44 to $0.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PetIQ is -8.76, 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. SectorThe P/E ratio of PetIQ is -8.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioPetIQ has a PEG Ratio of 3.62. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPetIQ has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PetIQ (NASDAQ:PETQ) StockPetIQ, Inc. is a holding company, which engages in the manufacture, procurement, packaging, and distribution of pet health and wellness products. It operates through the Products and Services segments. The Products segment produces and distributes pet medication and health and wellness products to the retail channel. The Services segment represents all veterinary services, and related product sales provided by the firm directly to consumers. Its brands include Advecta, Betsy Farms, Delightibles, Tex Ranch, Mimis Market, and PetLock. The company was founded by McCord Christensen in 2010 and is headquartered in Eagle, ID.Read More Receive PETQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PetIQ and its competitors with MarketBeat's FREE daily newsletter. Email Address PETQ Stock News HeadlinesMay 25, 2023 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At PetIQ (NASDAQ:PETQ)May 10, 2023 | msn.comEarnings Outlook For PetIQMay 30, 2023 | Edge On The Street (Ad)The Largest Ever Technology Wave Is Coming!This summer, a small tech company will launch a key technology to advance artificial intelligence, or AI, that can think, reason and make decisions like humans. It will change the world, just like electricity did.May 10, 2023 | sfgate.comPetIQ: Q1 Earnings SnapshotMay 9, 2023 | finance.yahoo.comPetIQ (PETQ) Tops Q1 Earnings and Revenue EstimatesMay 2, 2023 | americanbankingnews.comPetIQ (PETQ) to Release Quarterly Earnings on TuesdayApril 19, 2023 | americanbankingnews.comPetIQ, Inc. (NASDAQ:PETQ) Sees Significant Drop in Short InterestApril 18, 2023 | finance.yahoo.comPetIQ, Inc. to Report First Quarter 2023 Financial Results on Tuesday, May 9, 2023May 30, 2023 | Edge On The Street (Ad)The Largest Ever Technology Wave Is Coming!This summer, a small tech company will launch a key technology to advance artificial intelligence, or AI, that can think, reason and make decisions like humans. It will change the world, just like electricity did.April 17, 2023 | finance.yahoo.comPetIQ, Inc. (NASDAQ:PETQ) Could Be Riskier Than It LooksMarch 22, 2023 | finance.yahoo.comPetIQ, Inc. (PETQ) Stock Historical Prices & Data - Yahoo FinanceMarch 1, 2023 | finance.yahoo.comPetIQ, Inc. Reports Fourth Quarter and Full Year 2022 Financial ResultsMarch 1, 2023 | finance.yahoo.comPetIQ (PETQ) Reports Q4 Loss, Misses Revenue EstimatesFebruary 18, 2023 | finance.yahoo.comGreat news for PetIQ, Inc. (NASDAQ:PETQ): Insiders acquired stock in large numbers last yearJanuary 31, 2023 | finance.yahoo.comPetIQ, Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on Tuesday, February 28, 2023January 19, 2023 | finance.yahoo.comPetIQ (NASDAQ:PETQ) shareholders have endured a 64% loss from investing in the stock three years agoDecember 16, 2022 | finance.yahoo.comPetIQ's (NASDAQ:PETQ) Returns On Capital Not Reflecting Well On The BusinessDecember 2, 2022 | finance.yahoo.comShould Value Investors Buy PetIQ (PETQ) Stock?December 2, 2022 | finance.yahoo.comCan PetIQ (PETQ) Climb 101% to Reach the Level Wall Street Analysts Expect?November 28, 2022 | finance.yahoo.comPetIQ (PETQ) Shows Fast-paced Momentum But Is Still a Bargain StockNovember 27, 2022 | finance.yahoo.comShould You Retain Your Holdings in PetIQ (PETQ)?November 16, 2022 | finance.yahoo.comAre Investors Undervaluing PetIQ (PETQ) Right Now?November 16, 2022 | finance.yahoo.comWall Street Analysts See a 108% Upside in PetIQ (PETQ): Can the Stock Really Move This High?November 16, 2022 | finance.yahoo.comPETQ or BSX: Which Is the Better Value Stock Right Now?November 11, 2022 | finance.yahoo.comPetIQ Third Quarter 2022 Earnings: US$1.68 loss per share (vs US$0.27 loss in 3Q 2021)November 9, 2022 | finance.yahoo.comPetIQ (PETQ) Q3 Earnings and Revenues Beat EstimatesNovember 9, 2022 | finance.yahoo.comPetIQ, Inc. Reports Third Quarter 2022 Financial ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PETQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PetIQ and its competitors with MarketBeat's FREE daily newsletter. Email Address PETQ Company Calendar Last Earnings5/09/2023Today5/29/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Drugs, proprietaries, & sundries Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:PETQ CUSIPN/A CIK1668673 Webwww.petiq.com Phone(208) 939-8900FaxN/AEmployees1,888Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.75 High Stock Price Forecast$30.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+72.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.44) Trailing P/E RatioN/A Forward P/E Ratio28.66 P/E Growth3.62Net Income$-48,210,000.00 Net Margins-4.45% Pretax Margin-4.32% Return on Equity8.91% Return on Assets2.45% Debt Debt-to-Equity Ratio1.98 Current Ratio2.13 Quick Ratio1.28 Sales & Book Value Annual Sales$921.51 million Price / Sales0.40 Cash Flow$3.06 per share Price / Cash Flow4.12 Book Value$7.25 per share Price / Book1.74Miscellaneous Outstanding Shares29,380,000Free Float27,172,000Market Cap$370.48 million OptionableOptionable Beta1.95 Key ExecutivesMcCord ChristensenChairman & Chief Executive OfficerMichael SmithPresident & Chief Operating OfficerZvi GlasmanChief Financial & Accounting OfficerLauren OlavessenChief Medical Officer & Senior Vice PresidentDarrin HarrisChief Information Officer & Senior Vice PresidentKey Competitorsbluebird bioNASDAQ:BLUEOculisNASDAQ:OCSAxoGenNASDAQ:AXGNIntercept PharmaceuticalsNASDAQ:ICPTAnika TherapeuticsNASDAQ:ANIKView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 64,641 shares on 5/26/2023Ownership: 0.220%Brandywine Global Investment Management LLCBought 14,816 shares on 5/25/2023Ownership: 2.505%Ameriprise Financial Inc.Bought 1,718 shares on 5/22/2023Ownership: 0.405%New York State Common Retirement FundSold 5,000 shares on 5/18/2023Ownership: 0.048%AQR Capital Management LLCBought 2,444 shares on 5/16/2023Ownership: 1.656%View All Insider TransactionsView All Institutional Transactions PETQ Stock - Frequently Asked Questions Should I buy or sell PetIQ stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PetIQ in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PETQ shares. View PETQ analyst ratings or view top-rated stocks. What is PetIQ's stock price forecast for 2023? 2 brokers have issued 1-year price targets for PetIQ's shares. Their PETQ share price forecasts range from $16.00 to $30.00. On average, they predict the company's stock price to reach $21.75 in the next year. This suggests a possible upside of 72.5% from the stock's current price. View analysts price targets for PETQ or view top-rated stocks among Wall Street analysts. How have PETQ shares performed in 2023? PetIQ's stock was trading at $9.22 at the start of the year. Since then, PETQ stock has increased by 36.8% and is now trading at $12.61. View the best growth stocks for 2023 here. When is PetIQ's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our PETQ earnings forecast. How were PetIQ's earnings last quarter? PetIQ, Inc. (NASDAQ:PETQ) announced its earnings results on Tuesday, May, 9th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.13. The company earned $290.47 million during the quarter, compared to analysts' expectations of $278.69 million. PetIQ had a positive trailing twelve-month return on equity of 8.91% and a negative net margin of 4.45%. What ETF holds PetIQ's stock ? ProShares Pet Care ETF holds 58,220 shares of PETQ stock, representing 0.67% of its portfolio. What guidance has PetIQ issued on next quarter's earnings? PetIQ updated its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $270.00 million-$280.00 million, compared to the consensus revenue estimate of $272.51 million. What is Cord Christensen's approval rating as PetIQ's CEO? 10 employees have rated PetIQ Chief Executive Officer Cord Christensen on Glassdoor.com. Cord Christensen has an approval rating of 89% among the company's employees. What other stocks do shareholders of PetIQ own? Based on aggregate information from My MarketBeat watchlists, some companies that other PetIQ investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Exelixis (EXEL), Intel (INTC), CVS Health (CVS), QUALCOMM (QCOM), Editas Medicine (EDIT) and Gilead Sciences (GILD). When did PetIQ IPO? (PETQ) raised $86 million in an IPO on Friday, July 21st 2017. The company issued 5,700,000 shares at a price of $14.00-$16.00 per share. Jefferies and William Blair acted as the underwriters for the IPO and Oppenheimer, Raymond James and SunTrust Robinson Humphrey were co-managers. What is PetIQ's stock symbol? PetIQ trades on the NASDAQ under the ticker symbol "PETQ." Who are PetIQ's major shareholders? PetIQ's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.49%), Applied Fundamental Research LLC (5.42%), Aristotle Capital Boston LLC (4.29%), Boston Partners (3.85%), Nepsis Inc. (3.27%) and Brandywine Global Investment Management LLC (2.52%). Insiders that own company stock include Allan Hall, John Newland, Mark L First, Mccord Christensen, Michael A Smith, Michael A Smith, Robert Michael Herrman, Ronald Kennedy, Susan Sholtis, Will Santana and Zvi Glasman. View institutional ownership trends. How do I buy shares of PetIQ? Shares of PETQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is PetIQ's stock price today? One share of PETQ stock can currently be purchased for approximately $12.61. How much money does PetIQ make? PetIQ (NASDAQ:PETQ) has a market capitalization of $370.48 million and generates $921.51 million in revenue each year. The company earns $-48,210,000.00 in net income (profit) each year or ($1.44) on an earnings per share basis. How many employees does PetIQ have? The company employs 1,888 workers across the globe. How can I contact PetIQ? PetIQ's mailing address is 923 S. Bridgeway Pl., EAGLE ID, 83616. The official website for the company is www.petiq.com. The company can be reached via phone at (208) 939-8900 or via email at jeff.sonnek@icrinc.com. This page (NASDAQ:PETQ) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PetIQ, Inc. 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