Wag! Group (PET) Projected to Post Earnings on Monday

Wag! Group (NASDAQ:PET) is projected to release its earnings data before the market opens on Monday, March 24th. Analysts expect Wag! Group to post earnings of ($0.08) per share and revenue of $15.80 million for the quarter.

Wag! Group Stock Performance

Wag! Group stock opened at $0.25 on Friday. The company’s 50 day simple moving average is $0.28 and its 200-day simple moving average is $0.45. The company has a market capitalization of $12.26 million, a price-to-earnings ratio of -0.63 and a beta of 1.02. Wag! Group has a 1 year low of $0.14 and a 1 year high of $2.47.

Analysts Set New Price Targets

Separately, DA Davidson reduced their price target 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 equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $4.90.

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.