Wag! Group Co. (NASDAQ:PET) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Wag! Group Co. (NASDAQ:PET) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $4.90.

Separately, DA Davidson reduced their price objective on shares of Wag! Group from $6.50 to $6.00 and set a “buy” rating for the company in a research note on Friday, February 21st.

Wag! Group Stock Performance

Shares of Wag! Group stock opened at $0.11 on Friday. The stock has a market cap of $5.80 million, a P/E ratio of -0.29 and a beta of 1.34. The stock’s fifty day moving average is $0.22 and its 200 day moving average is $0.35. Wag! Group has a one year low of $0.10 and a one year high of $2.47.

Wag! Group (NASDAQ:PET) last posted its quarterly earnings data on Monday, March 24th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.02). The company had revenue of $15.80 million during the quarter, compared to the consensus estimate of $15.80 million. Wag! Group had a negative return on equity of 6,427.25% and a negative net margin of 21.13%.

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.