Wag! Group Co. (NASDAQ:PET) Receives $4.90 Average Target Price from Brokerages

Wag! Group Co. (NASDAQ:PET) has been assigned an average recommendation of “Moderate Buy” from the five analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $4.13.

Separately, DA Davidson decreased their target price 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 NASDAQ PET opened at $0.15 on Thursday. Wag! Group has a 52-week low of $0.08 and a 52-week high of $2.46. The company has a market cap of $7.64 million, a P/E ratio of -0.39 and a beta of 1.33. The firm’s fifty day moving average is $0.17 and its two-hundred day moving average is $0.27.

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

Wag! Group Company Profile

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.