Should I buy or sell Rover Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rover Group in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ROVR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ROVR, but not buy additional shares or sell existing shares. View ROVR analyst ratings or view top-rated stocks .

What is Rover Group's stock price target for 2024?

7 Wall Street analysts have issued twelve-month price objectives for Rover Group's shares. Their ROVR share price targets range from $6.75 to $11.00. On average, they expect the company's stock price to reach $8.38 in the next year. This suggests that the stock has a possible downside of 23.1%. View analysts price targets for ROVR or view top-rated stocks among Wall Street analysts .

How have ROVR shares performed in 2023?

Rover Group's stock was trading at $3.67 at the beginning of 2023. Since then, ROVR stock has increased by 196.7% and is now trading at $10.89. View the best growth stocks for 2023 here .

When is Rover Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024. View our ROVR earnings forecast .

How were Rover Group's earnings last quarter?

Rover Group, Inc. (NASDAQ:ROVR) issued its quarterly earnings data on Monday, November, 6th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. The business earned $66.20 million during the quarter, compared to analysts' expectations of $62.23 million. Rover Group had a net margin of 4.99% and a trailing twelve-month return on equity of 5.44%. The firm's quarterly revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.08) EPS.

What ETFs hold Rover Group's stock?

ETFs with the largest weight of Rover Group (NASDAQ:ROVR) stock in their portfolio include Jacob Forward ETF (JFWD) . ProShares Pet Care ETF (PAWZ) .

Who are Rover Group's major shareholders?

Rover Group's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (2.87%), Pertento Partners LLP (2.05%), Fuller & Thaler Asset Management Inc. (1.22%), Northern Trust Corp (0.50%), Charles Schwab Investment Management Inc. (0.45%) and Wellington Management Group LLP (0.35%). Insiders that own company stock include Aaron Easterly , Brenton R Turner , Charles Wickers, Group Next LP Foundry, Tracy Knox , Venky Ganesan and Venture Fund Iv Lp Madrona. View institutional ownership trends .

How do I buy shares of Rover Group?

Shares of ROVR 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 .

Rover Group Stock Price, News & Analysis (NASDAQ:ROVR)

$10.89

-0.06 (-0.55%)

(As of 12/4/2023 ET)

Compare

Today's Range: $10.88
▼
$10.94
50-Day Range: $6.00
▼
$10.96
52-Week Range: $3.38
▼
$11.10

Volume: 3.64 million shs
Average Volume: 1.17 million shs
Market Capitalization: $1.95 billion

P/E Ratio: 217.80
Dividend Yield: N/A
Price Target: $8.38

Rover Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.29 Rating Score
Upside/Downside: 23.1% Downside
$8.38 Price Target
Short Interest: Healthy
3.68% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.22
Based on 24 Articles This Week
Insider Trading: Selling Shares
$4.95 M Sold Last Quarter
Proj. Earnings Growth: 45.45%
From $0.11 to $0.16 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Retail/Wholesale Sector

88th out of 189 stocks

Personal Services Industry

3rd out of 11 stocks

2.1

Analyst's Opinion

Consensus Rating
Rover Group has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.38, Rover Group has a forecasted downside of 23.1% from its current price of $10.89.
Amount of Analyst Coverage
Rover Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
3.68% of the float of Rover Group has been sold short.
Short Interest Ratio / Days to Cover
Rover Group has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Rover Group has recently increased by 13.51%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Rover Group does not currently pay a dividend.
Dividend Growth
Rover 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 ROVR.

2.9

News and Social Media Coverage

News Sentiment
Rover Group has a news sentiment score of 0.22. 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 0.54 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 24 news articles for Rover Group this week, compared to 2 articles on an average week.
Search Interest
10 people have searched for ROVR on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
MarketBeat Follows
13 people have added Rover Group to their MarketBeat watchlist in the last 30 days. This is an increase of 63% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rover 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 $4,948,087.00 in company stock.
Percentage Held by Insiders
36.40% of the stock of Rover Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
79.52% of the stock of Rover Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Rover Group are expected to grow by 45.45% in the coming year, from $0.11 to $0.16 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rover Group is 217.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 115.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rover Group is 217.80, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 25.85.
Price to Book Value per Share Ratio
Rover Group has a P/B Ratio of 6.52. 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

About Rover Group Stock (NASDAQ:ROVR)

Rover Group, Inc. operates an online marketplace for pet care worldwide. It connects pet parents with pet providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, such as doggy daycare, dog walking, drop-in visits, grooming, and training. The company was founded in 2011 and is headquartered in Seattle, Washington.

ROVR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ROVR Stock News Headlines

December 3, 2023 | barrons.com

Rover Group, Inc. (ROVR) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

December 3, 2023 | americanbankingnews.com

Rover Group, Inc. (NASDAQ:ROVR) COO Sells $325,800.00 in Stock

December 4, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 3, 2023 | americanbankingnews.com

Rover Group, Inc. (NASDAQ:ROVR) COO Sells $328,200.00 in Stock

December 2, 2023 | finance.yahoo.com

Insider Sell Alert: President & COO Brenton Turner Unloads 90,000 Shares of Rover Group Inc ...

December 1, 2023 | benzinga.com

ROVR News: Johnson Fistel Investigates Proposed Sale of Rover Group; Is $11.00 a Fair Price?

December 1, 2023 | americanbankingnews.com

Rover Group (NASDAQ:ROVR) Sets New 52-Week High at $11.10

December 1, 2023 | americanbankingnews.com

Rover Group (NASDAQ:ROVR) Given New $11.00 Price Target at Morgan Stanley

December 4, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 1, 2023 | americanbankingnews.com

Rover Group (NASDAQ:ROVR) Sees Strong Trading Volume After Analyst Upgrade

November 30, 2023 | americanbankingnews.com

Rover Group (NASDAQ:ROVR) Receives Market Perform Rating from William Blair

November 30, 2023 | americanbankingnews.com

Rover Group's (ROVR) Market Perform Rating Reaffirmed at JMP Securities

November 29, 2023 | bizjournals.com

Seattle pet services company Rover reaches deal to be acquired for $2.3B

November 29, 2023 | benzinga.com

Financials Company Blackstone Announces Acquisition of Rover Group

November 29, 2023 | msn.com

Rover shares jump on $2.3 bln go-private deal with Blackstone

November 29, 2023 | markets.businessinsider.com

Why Online Pet Care Marketplace Rover's Shares Are Skyrocketing Today

November 29, 2023 | finance.yahoo.com

BlackStone Agrees to Buy Dog-Walking Business Rover

November 29, 2023 | businesswire.com

ROVR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Rover Group, Inc. Is Fair to Shareholders

November 27, 2023 | msn.com

Rover Group Inc - (ROVR) Price Target Increased by 13.77% to 7.98

November 24, 2023 | finance.yahoo.com

Is Rover Group, Inc.'s (NASDAQ:ROVR) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

November 18, 2023 | finance.yahoo.com

Insider Sell Alert: CEO Aaron Easterly Cashes Out 100,000 Shares of Rover Group Inc (ROVR)

November 16, 2023 | finance.yahoo.com

Insider Sell Alert: CEO Aaron Easterly Cashes Out 200,000 Shares of Rover Group Inc (ROVR)

November 15, 2023 | finance.yahoo.com

Are You Looking for a Top Momentum Pick? Why Rover Group, Inc. (ROVR) is a Great Choice

November 14, 2023 | finance.yahoo.com

Insider Sell Alert: President & COO Brenton Turner Unloads Shares of Rover Group Inc (ROVR)

November 10, 2023 | forbes.com

Rover Group

November 10, 2023 | finance.yahoo.com

Here's Why We Think Rover Group (NASDAQ:ROVR) Is Well Worth Watching

November 10, 2023 | seekingalpha.com

Rover Group Stock: Impressive Q3 Results, But We're Not Chasing

See More Headlines

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Company Calendar

Last Earnings: 11/06/2023
Today: 12/04/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/26/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Personal services
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:ROVR
CUSIP: N/A
CIK: 1826018
Web: www.truewindcapital.com
Phone: 888-453-7889
Fax: 415-780-9976
Employees: 501
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.38
High Stock Price Target: $11.00
Low Stock Price Target: $6.75
Potential Upside/Downside: -23.2%
Consensus Rating: Hold
Rating Score (0-4): 2.29
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.05
Trailing P/E Ratio: 218.00
Forward P/E Ratio: 99.09
P/E Growth: N/A
Net Income: $-21,980,000.00
Net Margins: 4.99%
Pretax Margin: 5.70%
Return on Equity: 5.44%
Return on Assets: 3.86%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.32
Quick Ratio: 3.32

Sales & Book Value

Annual Sales: $174.01 million
Price / Sales: 11.24
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.67 per share
Price / Book: 6.53

Miscellaneous

Outstanding Shares: 179,430,000
Free Float: 114,119,000
Market Cap: $1.96 billion
Optionable: Optionable
Beta: 1.99

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Key Executives

Mr. Aaron Easterly (Age 44)
Co-Founder, CEO & Chairman
Comp: $1.26M
Mr. Brent Turner (Age 52)
President & COO
Comp: $911.96k
Mr. Charlie Wickers (Age 37)
Chief Financial Officer
Comp: $540.04k
Mr. Philip Kimmey
Co-Founder & VP of Engineering
Ms. Heather Buser
Vice President of Accounting
Mr. Walter Ruddy
Investor Relations & Capital Markets Executive
Ms. Melissa Weiland
General Counsel & Secretary
Ms. Jovana Teodorovic
Vice President of People & Culture
Ms. Megan Teepe
Senior Vice President of Global Growth

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ROVR Stock Analysis - Frequently Asked Questions

Should I buy or sell Rover Group stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rover Group in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ROVR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ROVR, but not buy additional shares or sell existing shares.
View ROVR analyst ratings or view top-rated stocks.
What is Rover Group's stock price target for 2024?: 7 Wall Street analysts have issued twelve-month price objectives for Rover Group's shares. Their ROVR share price targets range from $6.75 to $11.00. On average, they expect the company's stock price to reach $8.38 in the next year. This suggests that the stock has a possible downside of 23.1%.
View analysts price targets for ROVR or view top-rated stocks among Wall Street analysts.
How have ROVR shares performed in 2023?: Rover Group's stock was trading at $3.67 at the beginning of 2023. Since then, ROVR stock has increased by 196.7% and is now trading at $10.89.
View the best growth stocks for 2023 here.
When is Rover Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024.
View our ROVR earnings forecast.

How were Rover Group's earnings last quarter?: Rover Group, Inc. (NASDAQ:ROVR) issued its quarterly earnings data on Monday, November, 6th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. The business earned $66.20 million during the quarter, compared to analysts' expectations of $62.23 million. Rover Group had a net margin of 4.99% and a trailing twelve-month return on equity of 5.44%. The firm's quarterly revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.08) EPS.
What ETFs hold Rover Group's stock?: ETFs with the largest weight of Rover Group (NASDAQ:ROVR) stock in their portfolio include Jacob Forward ETF (JFWD).ProShares Pet Care ETF (PAWZ).
Who are Rover Group's major shareholders?: Rover Group's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (2.87%), Pertento Partners LLP (2.05%), Fuller & Thaler Asset Management Inc. (1.22%), Northern Trust Corp (0.50%), Charles Schwab Investment Management Inc. (0.45%) and Wellington Management Group LLP (0.35%). Insiders that own company stock include Aaron Easterly, Brenton R Turner, Charles Wickers, Group Next LP Foundry, Tracy Knox, Venky Ganesan and Venture Fund Iv Lp Madrona.
View institutional ownership trends.
How do I buy shares of Rover Group?: Shares of ROVR 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.

This page (NASDAQ:ROVR) was last updated on 12/4/2023 by MarketBeat.com Staff

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Rover Group Stock Price, News & Analysis (NASDAQ:ROVR)

Rover Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Rover Group Stock (NASDAQ:ROVR)

ROVR Stock Price History

ROVR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ROVR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™