Wag! Group (PET) to Release Quarterly Earnings on Thursday

Wag! Group (NASDAQ:PET) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect Wag! Group to post earnings of ($0.08) per share for the quarter. Wag! Group has set its FY 2024 guidance at EPS.

Wag! Group (NASDAQ:PET) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.04). The business had revenue of $21.67 million for the quarter, compared to analyst estimates of $20.70 million. Wag! Group had a negative return on equity of 275.90% and a negative net margin of 15.87%.

Wag! Group Trading Up 1.3 %

Shares of Wag! Group stock traded up $0.03 during trading on Tuesday, hitting $2.30. 14,237 shares of the company were exchanged, compared to its average volume of 65,080. The firm has a market capitalization of $92.78 million, a P/E ratio of -6.57 and a beta of 2.01. The firm’s fifty day moving average price is $2.09 and its 200 day moving average price is $1.91. The company has a debt-to-equity ratio of 15.59, a current ratio of 1.73 and a quick ratio of 1.73. Wag! Group has a 1-year low of $1.59 and a 1-year high of $2.70.

Insider Activity at Wag! Group

In related news, CEO Garrett Smallwood sold 48,164 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $2.19, for a total transaction of $105,479.16. Following the sale, the chief executive officer now directly owns 1,014,812 shares in the company, valued at $2,222,438.28. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, insider Adam Storm sold 48,221 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $2.20, for a total transaction of $106,086.20. Following the sale, the insider now owns 1,120,916 shares in the company, valued at approximately $2,466,015.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Garrett Smallwood sold 48,164 shares of Wag! Group stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $2.19, for a total transaction of $105,479.16. Following the transaction, the chief executive officer now directly owns 1,014,812 shares of the company’s stock, valued at $2,222,438.28. The disclosure for this sale can be found here. In the last three months, insiders sold 307,173 shares of company stock worth $648,769. 23.20% of the stock is owned by company insiders.

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.