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

Wag! Group (NASDAQ:PET) announced 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. Wag! Group had a negative return on equity of 6,427.25% and a negative net margin of 21.13%. The business had revenue of $15.80 million for the quarter, compared to analyst estimates of $15.80 million. Wag! Group updated its FY 2025 guidance to EPS.

Wag! Group Stock Performance

Shares of Wag! Group stock traded down $0.05 during trading on Monday, hitting $0.20. 1,467,857 shares of the stock traded hands, compared to its average volume of 867,324. The stock has a market cap of $9.76 million, a P/E ratio of -0.50 and a beta of 1.02. The company has a fifty day moving average price of $0.28 and a two-hundred day moving average price of $0.44. Wag! Group has a twelve month low of $0.14 and a twelve month high of $2.47.

Wall Street Analysts Forecast Growth

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

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.