Wag! Group (NASDAQ:PET) Issues Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Wag! Group (NASDAQ:PETGet Free Report) issued its quarterly earnings data on Monday. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.02), Zacks reports. The company had revenue of $15.80 million for the quarter, compared to analyst estimates of $15.80 million. Wag! Group had a negative return on equity of 6,427.25% and a negative net margin of 21.13%. Wag! Group updated its FY 2025 guidance to EPS.

Wag! Group Trading Down 4.1 %

PET stock opened at $0.19 on Wednesday. The company has a market capitalization of $9.36 million, a P/E ratio of -0.48 and a beta of 1.02. The firm has a 50 day simple moving average of $0.27 and a 200-day simple moving average of $0.43. Wag! Group has a twelve month low of $0.14 and a twelve month high of $2.47.

Wall Street Analyst Weigh In

Separately, DA Davidson dropped their price objective on shares of Wag! Group from $6.50 to $6.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Wag! Group presently has an average rating of “Moderate Buy” and an average target price of $4.90.

Check Out Our Latest Stock Report on PET

About Wag! Group

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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.

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Earnings History for Wag! Group (NASDAQ:PET)

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