Wag Group Co (PET) stock forecast: Can it reach its 52-week high of $1.79

A share price of Wag Group Co [PET] is currently trading at $0.14, up 2.44%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PET shares have gain 1.39% over the last week, with a monthly amount glided 25.84%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Wag Group Co [NASDAQ: PET] stock has seen the most recent analyst activity on November 14, 2024, when Craig Hallum downgraded its rating to a Hold. Previously, Lake Street started tracking the stock with Buy rating on May 30, 2024, and set its price target to $4. On November 22, 2022, Oppenheimer initiated with a Outperform rating and assigned a price target of $5 on the stock. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $5 on October 17, 2022. Craig Hallum initiated its recommendation with a Buy and recommended $10 as its price target on October 14, 2022. MKM Partners started tracking with a Buy rating for this stock on October 13, 2022, and assigned it a price target of $6.

Wag Group Co experienced fluctuations in its stock price throughout the past year between $0.08 and $1.79. Currently, Wall Street analysts expect the stock to reach $2.67 within the next 12 months. Wag Group Co [NASDAQ: PET] shares were valued at $0.14 at the most recent close of the market. An investor can expect a potential return of 1807.14% based on the average PET price forecast.

Analyzing the PET fundamentals

Trailing Twelve Months sales for Wag Group Co [NASDAQ:PET] were 62.45M which represents -34.69% decline. Gross Profit Margin for this corporation currently stands at 0.93% with Operating Profit Margin at -0.2%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.63, Equity is 21.64 and Total Capital is 4.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -5.67.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Wag Group Co [NASDAQ:PET] is 0.46. In addition, the Quick Ratio stands at 0.46 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 0.11.

Transactions by insiders

Recent insider trading involved Davidian Alec, Chief Financial Officer, that happened on Feb 19 ’25 when 22719.0 shares were sold. Chief Customer Officer, Cane David completed a deal on Feb 19 ’25 to sell 14848.0 shares. Meanwhile, Chief Marketing Officer McCarthy Patrick sold 18580.0 shares on Feb 19 ’25.

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