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.

Price Target: $29.67 (-4.23%)
Analyst Consensus: Strong Buy
No price target forecast data available
TargetLowAverageMedianHigh
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

RatingMay '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy444332
Buy000000
Hold000111
Sell000000
Strong Sell000000
Total444443

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Truist Securities
Truist Securities
Hold
Downgrades
$30$31
HoldDowngrades$30$31+0.06%Aug 8, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$30
Strong BuyReiterates$30-3.16%May 10, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$24$28
Strong BuyMaintains$24$28-9.62%Mar 19, 2024
Jefferies
Jefferies
Strong Buy
Initiates
$22
Strong BuyInitiates$22-28.99%Dec 19, 2023
Truist Securities
Truist Securities
Strong Buy
Maintains
$25$30
Strong BuyMaintains$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 YearFY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025
Period EndingDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue
709.43M780.05M932.53M921.51M1.10B1.18B1.25B
Revenue Growth
34.21%9.95%19.55%-1.18%19.58%7.35%5.41%
EPS
-0.51-3.36-0.57-1.650.071.621.90
EPS Growth
-----2,216.86%17.19%
Forward PE
-----19.1016.30
No. Analysts
-----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20242025202620272028
High1.2B1.3B
Avg1.2B1.2B
Low1.1B1.2B

Revenue Growth

Revenue Growth20242025202620272028
High
12.4%
10.6%
Avg
7.4%
5.4%
Low
1.3%
-1.1%

EPS Forecast

EPS20242025202620272028
High1.902.06
Avg1.621.90
Low1.341.76

EPS Growth

EPS Growth20242025202620272028
High
2,615.0%
26.9%
Avg
2,216.9%
17.2%
Low
1,818.0%
8.8%
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.