Can you provide the average price target for PETIQ INC stock?
11 analysts have analysed PETQ and the average price target is 31.11 USD. This implies a price increase of 0.42% is expected in the next year compared to the current price of 30.98.
PETIQ INC (PETQ) Forecast, Price Target & Analyst Ratings
NASDAQ:PETQ • US71639T1060
Current stock price
30.98 USD
-0.01 (-0.03%)
At close:
30.98 USD
0 (0%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PETIQ INC (PETQ).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Nov 7, 2024
- Period
- Q3 / 2024
- EPS Estimate
- $0.41
- Revenue Estimate
- 294.01M
Price Target Details & History
Consensus Price Target and Range
Mean target
$31.11
Upside
+ 0.42%
From current price of $30.98 to mean target of $31.11, Based on 11 analyst forecasts
Low
$30.30
Median
$31.11
High
$32.55
Price Target Revisions
1 Month
0.00%
3 Months
5.17%
Price Target Summary
11 Wall Street analysts provided a forecast for the next 12 months for PETQ. The average price target is 31.11 USD. This implies a price increase of 0.42% is expected in the next year compared to the current price of 30.98.
The average price target has been revised upward by 5.17% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
76.36%
PETQ was analyzed by 11 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about PETQ.
In the previous month the buy percentage consensus was at a similar level.
PETQ was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-08-08 | Truist Securities | Downgrade | Buy -> Hold |
| 2024-05-10 | Benchmark | Reiterate | Buy -> Buy |
| 2024-03-19 | Jefferies | Maintains | Buy -> Buy |
| 2023-12-19 | Jefferies | Initiate | Buy |
| 2023-10-02 | Truist Securities | Maintains | Buy -> Buy |
| 2023-09-06 | Lake Street | Initiate | Buy |
| 2023-08-15 | Benchmark | Reiterate | Buy -> Buy |
| 2023-02-13 | Benchmark | Reiterate | Buy |
| 2022-10-25 | Raymond James | Maintains | Outperform |
| 2022-08-10 | Raymond James | Maintains | Outperform |
| 2022-03-03 | Raymond James | Maintains | Outperform |
| 2021-11-30 | Benchmark | Initiate | Buy |
| 2021-11-04 | Raymond James | Maintains | Outperform |
| 2021-02-26 | Raymond James | Maintains | Outperform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Nov 7, 2024
- Period
- Q3 / 2024
- EPS Estimate
- $0.41
- Revenue Estimate
- 294.01M
- Revenue Q2Q
- 6.13%
- EPS Q2Q
- -1.24%
- Number of Analysts
- 6
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
-0.15%
EPS (1 Month)
0.00%
EPS (3 Months)
5.90%
Next Earnings Summary
PETQ is expected to report earnings on 11/7/2024. The consensus EPS estimate for the next earnings is 0.41 USD and the consensus revenue estimate is 294.01M USD.
The next earnings revenue estimate has been revised downward by 0.15% in the past 3 months.
Full Analyst Estimates 2024 - 2030
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 932.5M 19.54% | 921.5M -1.18% | 1.102B 19.58% | 1.183B 7.35% | 1.247B 5.41% | 1.34B 7.46% | 1.407B 5.00% | 1.476B 4.90% | 1.49B 0.95% | 1.564B 4.97% | |
| EBITDA YoY % growth | 69.5M 141.49% | 66.37M -4.50% | 101.033M 52.23% | 119.5M 18.28% | 129.03M 7.97% | 143.62M 11.31% | 154.02M 7.24% | 167.28M 8.61% | 153.71M -8.11% | 163.4M 6.30% | |
| EBIT YoY % growth | 30.2M 1,472.73% | 30.9M 2.32% | 56.535M 82.96% | 80.443M 42.29% | 86.775M 7.87% | 95.88M 10.49% | 125.46M 30.85% | 138.72M 10.57% | 165.34M 19.19% | 180.54M 9.19% | |
| Operating Margin | 3.24% | 3.35% | 5.13% | 6.80% | 6.96% | 7.16% | 8.92% | 9.40% | 11.10% | 11.54% | |
| EPS YoY % growth | 1.11 58.57% | 1.18 6.31% | 1.21 2.54% | 1.62 34.03% | 1.90 17.19% | 2.26 19.14% | 2.66 17.57% | 3.02 13.41% | 3.43 13.51% | 3.69 7.74% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.41 -1.24% | -0.04 64.30% | 0.60 3.41% | 0.61 -12.33% | 0.40 -3.61% | 0.09 313.50% |
| Revenue Q2Q % growth | 294.01M 6.13% | 229.8M 4.49% | 325.44M 5.51% | 362.71M 10.27% | 309.9M 5.40% | 246.47M 7.25% |
| EBITDA Q2Q % growth | 29.62M -44.66% | 16.338M -64.30% | 35.396M 8.25% | 38.449M -13.07% | 30.834M 4.10% | 21.153M 29.47% |
| EBIT Q2Q % growth | 20.297M 14.67% | 5.556M 340.25% | 29.071M 19.47% | 26.039M -8.29% | 18.776M -7.49% | 9.42M 69.55% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
23.23%
EPS Next 5 Year
20.07%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
7.06%
Revenue Next 5 Year
6.21%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
33.01%
EBIT Next 5 Year
22.34%
PETIQ INC / PETQ Forecast FAQ
Can you provide the upcoming earnings date for PETIQ INC?
PETIQ INC (PETQ) will report earnings on 2024-11-07, after the market close.
Can you provide the consensus estimates for PETIQ INC next earnings?
The consensus EPS estimate for the next earnings of PETIQ INC (PETQ) is 0.41 USD and the consensus revenue estimate is 294.01M USD.
How do analysts rate PETIQ INC (PETQ)?
The consensus rating for PETIQ INC (PETQ) is 76.3636 / 100 . This indicates that analysts generally have a positive outlook on the stock.