PetIQ, Inc. (PETQ)
Oct 25, 2024 - PETQ was delisted (reason: acquired by Bansk)
30.98
0.00 (0.00%)
Inactive · Last trade price on Oct 24, 2024

PetIQ Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for PetIQ stock had an average target of 29.67, with a low estimate of 28 and a high estimate of 31.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $28 $29.67 $30 $31
Change -9.62% -4.23% -3.16% +0.06%
* Price targets were last updated on Aug 8, 2024.

Analyst Ratings

The average analyst rating for PetIQ stock from 3 stock analysts was "Strong Buy". This means that analysts believed this stock was likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 444332
Buy 000000
Hold 000111
Sell 000000
Strong Sell 000000
Total 444443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Hold
Downgrades
$30$31
Hold Downgrades $30$31 +0.06% Aug 8, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$30
Strong Buy Reiterates $30 -3.16% May 10, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$24$28
Strong Buy Maintains $24$28 -9.62% Mar 19, 2024
Jefferies
Jefferies
Strong Buy
Initiates
$22
Strong Buy Initiates $22 -28.99% Dec 19, 2023
Truist Securities
Truist Securities
Strong Buy
Maintains
$25$30
Strong Buy Maintains $25$30 -3.16% Oct 2, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.18B
from 1.10B
Increased by 7.35%
Revenue Next Year
1.25B
from 1.18B
Increased by 5.41%
EPS This Year
1.62
from 0.07
Increased by 2,216.86%
EPS Next Year
1.90
from 1.62
Increased by 17.19%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
709.43M780.05M932.53M921.51M1.10B1.18B1.25B1.34B
Revenue Growth
34.21%9.95%19.55%-1.18%19.58%7.35%5.41%7.46%
EPS
-0.51-3.36-0.57-1.650.071.621.902.26
EPS Growth
-----2,216.86%17.19%19.14%
Forward PE
-----19.1016.3013.68
No. Analysts -----663
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.2B 1.3B 1.4B
Avg 1.2B 1.2B 1.3B
Low 1.1B 1.2B 1.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
12.4%
10.6%
10.6%
Avg
7.4%
5.4%
7.5%
Low
1.3%
-1.1%
3.2%

EPS Forecast

EPS 20242025202620272028
High 1.90 2.06 2.33
Avg 1.62 1.90 2.26
Low 1.34 1.76 2.18

EPS Growth

EPS Growth 20242025202620272028
High
2,615.0%
26.9%
22.6%
Avg
2,216.9%
17.2%
19.1%
Low
1,818.0%
8.8%
14.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.