PetIQ Inc (NASDAQ: PETQ) closed the day trading at $16.57 down -1.25% from the previous closing price of $16.78. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 515382 shares were traded.
Ratios:
For a better understanding of PETQ, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.17. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 2.27. In the meantime, Its Debt-to-Equity ratio is 2.12 whereas as Long-Term Debt/Eq ratio is at 2.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on December 19, 2023, initiated with a Buy rating and assigned the stock a target price of $22.
On September 06, 2023, Lake Street started tracking the stock assigning a Buy rating and target price of $28.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PETQ now has a Market Capitalization of 483.84M and an Enterprise Value of 835.77M. As of this moment, PetIQ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 269.87, and their Forward P/E ratio for the next fiscal year is 11.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 2.19. Its current Enterprise Value per Revenue stands at 0.76 whereas that against EBITDA is 10.27.
Stock Price History:
Over the past 52 weeks, PETQ has reached a high of $22.98, while it has fallen to a 52-week low of $10.73. The 50-Day Moving Average of the stock is 18.41, while the 200-Day Moving Average is calculated to be 17.77.
Shares Statistics:
Over the past 3-months, PETQ traded about 275.11K shares per day on average, while over the past 10 days, PETQ traded about 330.51k shares per day. A total of 29.20M shares are outstanding, with a floating share count of 27.22M. Insiders hold about 6.74% of the company’s shares, while institutions hold 98.07% stake in the company. Shares short for PETQ as of Feb 15, 2024 were 1.78M with a Short Ratio of 6.48, compared to 2.32M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.11% and a Short% of Float of 6.60%.
Earnings Estimates
Current recommendations for the stock of the company come from 5 analysts. On average, analysts expect EPS of $0.42 for the current quarter, with a high estimate of $0.5 and a low estimate of $0.36, while EPS last year was $0.45. The consensus estimate for the next quarter is $0.52, with high estimates of $0.57 and low estimates of $0.45.
Analysts are recommending an EPS of between $1.46 and $1.15 for the fiscal current year, implying an average EPS of $1.29. EPS for the following year is $1.58, with 5 analysts recommending between $1.74 and $1.34.
Revenue Estimates
6 analysts predict $300.93M in revenue for the current quarter. It ranges from a high estimate of $308M to a low estimate of $294M. As of the current estimate, PetIQ Inc’s year-ago sales were $290.47M, an estimated increase of 3.60% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $336.21M, an increase of 6.90% over than the figure of $3.60% in the same quarter last year. There is a high estimate of $359.11M for the next quarter, whereas the lowest estimate is $321.84M.
A total of 6 analysts have provided revenue estimates for PETQ’s current fiscal year. The highest revenue estimate was $1.18B, while the lowest revenue estimate was $1.12B, resulting in an average revenue estimate of $1.15B. In the same quarter a year ago, actual revenue was $1.1B, up 4.30% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.22B in the next fiscal year. The high estimate is $1.24B and the low estimate is $1.19B. The average revenue growth estimate for next year is up 6.00% from the average revenue estimate for this year.
