PETQ - PetIQ Inc Stock Price, Fair Value and News

19.41USD+0.97 (+5.26%)Market Closed

Market Summary

USD19.41+0.97

Market Closed

5.26%

PETQ Alerts

Big jump in Earnings (Y/Y)

PETQ Stock Price

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PETQ RSI Chart

PETQ Valuation

Market Cap

568.4M

Price/Earnings (Trailing)

77.45

Price/Sales (Trailing)

0.51

EV/EBITDA

57.72

Price/Free Cashflow

28.32

PETQ Price/Sales (Trailing)

PETQ Profitability

EBT Margin

0.67%

Return on Equity

3.09%

Return on Assets

0.84%

Free Cashflow Yield

3.53%

PETQ Fundamentals

PETQ Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

6.19%

Rev. Growth (Qtr)

40.25%

PETQ Earnings

Earnings (TTM)

7.3M

Earnings Growth (Yr)

53.7%

Earnings Growth (Qtr)

185.25%

Breaking Down PETQ Revenue

Last 7 days

10.0%

Last 30 days

17.9%

Last 90 days

8.7%

Trailing 12 Months

52%

How does PETQ drawdown profile look like?

PETQ Financial Health

Current Ratio

2.42

Debt/Equity

1.83

Debt/Cashflow

0.05

PETQ Investor Care

Shares Dilution (1Y)

0.54%

Diluted EPS (TTM)

0.23

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	936.3M	998.8M	1.1B	1.1B
2022	953.9M	934.9M	934.1M	921.5M
2021	847.6M	851.6M	900.1M	932.5M
2020	747.8M	794.1M	770.2M	780.1M
2019	562.0M	611.5M	666.1M	709.4M
2018	314.7M	398.7M	469.5M	528.6M
2017	214.9M	240.8M	259.7M	266.7M
2016	204.3M	202.9M	201.5M	200.2M
2015	0	0	0	205.7M

Get all data in R, Python etc through our Historical Stock Data APIs

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Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of PetIQ Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 08, 2024	glasman zvi	gifted	-	-	-14,400	chief financial officer
May 07, 2024	smith michael a	sold (taxes)	-49,610	17.58	-2,822	president & coo
May 07, 2024	smith michael a	acquired	-	-	6,250	president & coo
Mar 12, 2024	christensen mccord	acquired	-	-	5,680	chief executive officer
Mar 12, 2024	smith michael a	acquired	-	-	1,581	president & coo
Mar 12, 2024	christensen mccord	sold (taxes)	-37,050	16.57	-2,236	chief executive officer
Mar 12, 2024	smith michael a	sold (taxes)	-11,831	16.57	-714	president & coo
Mar 02, 2024	smith michael a	acquired	-	-	17,241	president & coo
Mar 02, 2024	smith michael a	sold (taxes)	-90,306	17.37	-5,199	president & coo
Mar 02, 2024	glasman zvi	sold (taxes)	-113,982	17.37	-6,562	chief financial officer

Which funds bought or sold PETQ recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	Covestor Ltd	added	21.69	1,000	11,000	0.01%
May 10, 2024	AJOVista, LLC	sold off	-100	-64,958	-	-%
May 10, 2024	JPMORGAN CHASE & CO	added	35.14	117,174	584,302	-%
May 10, 2024	LPL Financial LLC	reduced	-68.54	-822,872	338,043	-%
May 10, 2024	ACADIAN ASSET MANAGEMENT LLC	added	243	1,905,000	2,777,000	0.01%
May 10, 2024	OSAIC HOLDINGS, INC.	reduced	-26.04	-33,150	71,968	-%
May 10, 2024	PNC Financial Services Group, Inc.	added	4.4	-468	13,436	-%
May 10, 2024	BlackRock Inc.	added	0.61	-3,954,400	53,554,900	-%
May 10, 2024	CITIGROUP INC	added	10.39	205,320	9,657,220	0.01%
May 10, 2024	Campbell & CO Investment Adviser LLC	added	64.7	428,568	1,245,760	0.11%

Are Funds Buying or Selling PETQ?

Are funds buying PETQ calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PETQ

No. of Funds

PETQ Alerts

Big jump in Earnings (Y/Y)

Unveiling PetIQ Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	10.0%	2,929,698	SC 13G/A
Feb 13, 2024	applied fundamental research, llc	2.2%	654,226	SC 13G/A
Feb 13, 2024	vanguard group inc	7.36%	2,147,759	SC 13G/A
Jan 24, 2024	blackrock inc.	9.97%	2,911,862	SC 13G/A
Feb 14, 2023	macquarie group ltd	0.00%	0	SC 13G/A
Feb 13, 2023	applied fundamental research, llc	5.6%	1,633,862	SC 13G/A
Feb 09, 2023	vanguard group inc	5.49%	1,590,097	SC 13G
Feb 01, 2023	blackrock inc.	6.3%	1,823,985	SC 13G/A
Sep 26, 2022	applied fundamental research, llc	5.7%	1,673,774	SC 13G
Feb 14, 2022	macquarie group ltd	9.54%	2,799,594	SC 13G

Recent SEC filings of PetIQ Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 08, 2024	8-K	Current Report
Apr 19, 2024	ARS	ARS
Apr 19, 2024	DEF 14A	DEF 14A
Apr 19, 2024	DEFA14A	DEFA14A
Apr 05, 2024	SC 13G/A	Major Ownership Report
Mar 14, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading

Peers (Alternatives to PetIQ Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JNJ	364.0B	85.6B	2.51%	-5.94%	9.46	4.25	5.68%	202.39%
MRK	327.5B	61.4B	2.84%	10.39%	142.03	5.33	6.11%	-82.30%
AMGN	165.5B	29.5B	15.44%	32.45%	43.99	5.6	12.76%	-52.47%
PFE	161.3B	57.8B	10.05%	-23.80%	128.66	2.79	76.51%	-86.81%
GILD	84.2B	27.4B	-0.76%	-13.59%	173.7	3.07	1.51%	-91.32%
TEVA	19.1B	16.0B	26.84%	110.09%	-38.64	1.19	7.23%	71.10%
MID-CAP
PRGO	4.2B	4.6B	1.52%	-12.58%	-544.93	0.92	-0.06%	94.55%
ALKS	4.2B	1.7B	1.27%	-20.64%	9.63	2.42	54.01%	364.56%
BHC	2.6B	9.0B	-18.72%	24.48%	-5.74	0.29	10.01%	-27.45%
AMPH	2.1B	676.2M	6.87%	1.73%	13.38	3.06	30.38%	66.04%
SMALL-CAP
TLRY	1.5B	743.2M	9.34%	-17.43%	-4.38	2.07	24.65%	80.36%
TXMD	23.4M	1.3M	2.01%	-53.76%	-3.16	17.98	-98.14%	-104.71%
ACRX	17.5M	-	-8.04%	33.77%	-0.95	0.22	2882.68%	-138.52%
AGRX	2.5M	19.6M	5.56%	-92.40%	-0.17	0.13	80.00%	43.08%
ACOR	546.5K	117.6M	-50.00%	-97.38%	0	0	-0.79%	-283.60%

PetIQ Inc News

Latest updates

PetIQ Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	40.2%	308,443,000	219,926,000	277,019,000	314,547,000	290,471,000	184,079,000	209,725,000	252,014,000	275,695,000	196,636,000	210,534,000	271,011,000	254,347,000	164,208,000	162,083,000	266,982,000	186,778,000	154,336,000	186,025,000	220,634,000	148,436,000
Gross Profit	69.5%	74,543,000	43,989,500	72,611,000	73,879,000	62,261,000	39,284,000	50,770,000	61,974,000	57,635,000	36,894,000	42,072,000	59,628,000	47,799,000	28,582,000	32,268,000	42,184,000	32,154,000	20,462,000	27,291,000	34,900,000	24,730,000
S&GA Expenses	-100.0%	-	42,729,500	55,021,000	55,159,000	43,326,000	37,746,000	45,984,000	50,595,000	48,236,000	41,455,000	45,252,000	43,142,000	40,672,000	32,631,000	35,562,000	38,492,000	31,690,000	28,867,000	29,345,000	24,450,000	20,538,000
EBITDA Margin	35.6%	0.02	0.01	0.02	-0.03	-0.04	-0.04	-0.04	0.00	0.00	0.00	0.00	0.00	-0.01	-0.03	0.00	0.00	0.01	0.02	-0.01	0.02	0.02
Interest Expenses	-8.3%	-9,106,000	-8,410,000	-8,581,000	-8,824,000	-8,732,000	-7,678,000	-7,276,000	-6,299,000	-6,121,000	-6,003,000	-6,168,000	-7,655,000	-4,870,000	-6,347,000	-6,427,000	-5,329,000	-4,704,000	24,416,000	-5,742,000	-2,242,000	-1,937,000
Income Taxes	129.8%	327,000	-1,096,000	283,000	192,000	448,000	845,500	-355,000	603,000	121,000	3,682,000	317,000	-205,000	75,000	-169,000	61,563,000	188,000	-1,169,000	-3,386,000	-1,304,000	881,000	500,000
Earnings Before Taxes	183.7%	15,354,000	-18,347,000	739,000	9,745,000	10,229,000	-6,041,500	-49,926,000	5,281,000	3,281,000	-10,793,000	-8,011,000	3,829,000	2,461,000	-10,292,000	-9,959,000	-1,261,000	-3,802,000	-17,136,000	-10,100,000	6,799,000	2,826,000
EBT Margin	211.6%	0.01	0.00	0.01	-0.04	-0.04	-0.05	-0.06	-0.01	-0.01	-0.01	-0.01	-0.02	-0.02	-0.03	-0.04	-0.04	-0.03	-0.02	-0.01	0.01	0.01
Net Income	185.2%	14,907,000	-17,487,000	451,000	9,468,000	9,699,000	-6,835,000	-49,136,000	4,632,000	3,131,000	-14,124,000	-7,902,000	4,026,000	2,033,000	-8,826,000	-70,250,000	-1,476,000	-2,103,000	-13,752,000	-5,890,000	3,815,000	1,611,000
Net Income Margin	238.8%	0.01	0.00	0.01	-0.04	-0.04	-0.05	-0.06	-0.02	-0.02	-0.02	-0.01	-0.09	-0.09	-0.11	-0.11	-0.03	-0.02	-0.02	-0.01	0.01	0.01
Free Cashflow	-2895.9%	-85,144,000	-2,842,000	50,326,000	57,730,000	-43,327,000	48,896,000	64,512,000	-20,004,000	-45,380,000	13,302,000	56,661,000	11,157,000	-57,353,000	-18,420,000	56,323,000	26,102,000	-68,606,000	29,436,000	9,455,000	141,000	-18,199,000

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.8%	875	868	857	883	868	819	792	855	924	820	827	843	853	772	778	867	777	673	690	524	535
Current Assets	3.3%	445	431	411	422	397	370	336	344	408	299	303	317	326	242	248	383	286	185	213	223	237
Cash Equivalents	-78.2%	25.00	116	125	78.00	25.00	101	57.00	5.00	51.00	79.00	63.00	27.00	11.00	33.00	58.00	117	28.00	27.00	10.00	37.00	54.00
Inventory	35.2%	215	159	128	142	158	143	147	160	168	96.00	108	118	131	98.00	84.00	111	119	80.00	98.00	98.00	113
Net PPE	-3.2%	55.00	57.00	63.00	70.00	72.00	73.00	75.00	77.00	78.00	77.00	74.00	72.00	69.00	63.00	60.00	57.00	54.00	53.00	46.00	26.00	27.00
Goodwill	0%	199	199	204	204	204	183	183	231	231	231	231	231	231	231	231	231	231	231	232	106	125
Current Liabilities	-2.9%	184	190	165	192	186	149	116	119	173	98.00	105	99.00	133	101	101	125	100	73.00	80.00	75.00	82.00
Long Term Debt	-0.3%	436	438	439	441	442	443	445	451	473	448	438	455	443	404	355	358	325	251	255	100	115
LT Debt, Non Current	-100.0%	-	438	439	441	442	443	445	451	473	448	438	455	443	404	355	358	325	251	255	100	115
Shareholder's Equity	6.7%	238	223	239	236	223	212	215	267	261	255	263	270	257	246	253	320	332	328	336	338	329
Retained Earnings	9.3%	-145	-160	-143	-143	-153	-162	-155	-106	-111	-114	-100	-92.50	-96.52	-98.56	-82.96	-19.90	-18.01	-15.90	-4.91	1.00	-2.84
Additional Paid-In Capital	0.0%	387	387	386	383	380	379	376	374	371	368	362	359	345	320	350	344	313	300	293	282	272
Shares Outstanding	0.5%	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	28.00	28.00	27.00	26.00	25.00	24.00	24.00	24.00	24.00	23.00	22.00	22.00
Float	-	-	-	-	403	-	-	-	457	-	-	-	1,031	-	-	-	726	-	-	-	630	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-2895.9%	-85,144	-2,842	50,326	57,730	-43,327	48,896	64,512	-20,004	-45,380	13,302	56,661	11,157	-57,353	-18,420	56,323	26,102	-68,606	29,436	9,455	141	-18,199
Share Based Compensation	85.2%	2,609	1,409	2,851	2,743	2,466	2,459	2,238	2,843	3,823	2,240	2,627	2,439	2,122	2,621	2,147	1,844	2,558	2,608	1,601	1,602	1,544
Cashflow From Investing	72.0%	-822	-2,940	-2,077	-2,218	-29,544	-2,176	-1,771	-2,348	-5,678	-6,616	-1,570	-9,627	-8,325	-5,568	-102,458	-5,350	-4,646	-4,878	-188,487	-811	-850
Cashflow From Financing	-114.4%	-5,074	-2,367	-2,252	-2,484	-3,086	-2,309	-11,107	-23,157	22,863	9,468	-18,937	14,634	43,169	-472	-13,103	68,116	74,223	-7,826	152,964	-17,012	6,933
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PETQ Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Total net sales	$ 1,101,963	$ 921,513	$ 932,528
Total cost of sales	849,223	711,850	746,135
Gross profit	252,740	209,663	186,393
Operating expenses
Selling, general and administrative expenses	196,236	182,561	170,521
Restructuring	11,751	0	0
Impairment and other asset charges	7,680	47,264	0
Operating income (loss)	37,073	(20,162)	15,872
Interest expense, net	34,547	27,374	24,696
Loss on debt extinguishment	0	0	5,453
Other expense (income), net	160	(130)	(1,763)
Total other expense, net	34,707	27,244	28,386
Pretax net income (loss)	2,366	(47,406)	(12,514)
Income tax benefit (expense)	173	(1,214)	(3,869)
Net income (loss)	2,539	(48,620)	(16,383)
Net income (loss) attributable to non-controlling interest	408	(412)	(416)
Net income (loss) attributable to PetIQ, Inc.	$ 2,131	$ (48,208)	$ (15,967)
Net income (loss) per share attributable to PetIQ, Inc. Class A common stock
Basic (in dollars per share)	$ 0.07	$ (1.65)	$ (0.57)
Diluted (in dollars per share)	$ 0.07	$ (1.65)	$ (0.57)
Weighted Average shares of Class A common stock outstanding
Basic (in shares)	29,135	29,159	28,242
Diluted (in shares)	29,530	29,159	28,242
Product
Total net sales	$ 968,151	$ 800,305	$ 825,395
Total cost of sales	732,422	606,548	646,402
Service
Total net sales	133,812	121,208	107,133
Total cost of sales	$ 116,801	$ 105,302	$ 99,733

PETQ Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 116,369	$ 101,265
Accounts receivable, net	142,511	118,004
Inventories	159,309	142,605
Other current assets	12,645	8,238
Total current assets	430,834	370,112
Property, plant and equipment, net	57,097	73,395
Operating lease right of use assets	19,079	18,231
Other non-current assets	2,083	1,373
Intangible assets, net	159,729	172,479
Goodwill	199,404	183,306
Total assets	868,226	818,896
Current liabilities
Accounts payable	139,264	112,995
Accrued wages payable	16,734	11,512
Accrued interest payable	6,636	1,912
Other accrued expenses	10,692	7,725
Current portion of operating leases	7,608	6,595
Current portion of long-term debt and finance leases	8,595	8,751
Total current liabilities	189,529	149,490
Operating leases, less current installments	13,763	12,405
Long-term debt, less current installments	437,820	443,276
Finance leases, less current installments	516	907
Other non-current liabilities	3,600	1,025
Total non-current liabilities	455,699	457,613
Equity
Additional paid-in capital	387,349	378,709
Class A treasury stock, at cost, 373 and 373 shares, respectively	(3,857)	(3,857)
Accumulated deficit	(160,602)	(162,733)
Accumulated other comprehensive loss	(1,706)	(2,224)
Total stockholders' equity	221,213	209,924
Non-controlling interest	1,785	1,869
Total equity	222,998	211,793
Total liabilities and equity	868,226	818,896
Class A Common Stock
Equity
Common stock value	29	29
Class B Common Stock
Equity
Common stock value	$ 0	$ 0

About PetIQ Inc

PetIQ, Inc. operates as a pet medication and wellness company in the United States and internationally. It operates in two segments, Products and Services. The company offers Rx pet medications, which include flea and tick control, heartworm preventatives, arthritis, thyroid, diabetes and pain treatments, antibiotics, and other specialty medications; and develops and manufactures its own proprietary value-branded products, as well as distributes third-party branded medications. It also provides OTC medications and supplies primarily within the flea and tick control, and behavior management categories of the health and wellness industry in various forms, such as spot on (topical) treatments, chewables, oral tablets, and collars. In addition, the company offers health and wellness products that include dental treats and nutritional supplements, which comprise hip and joint, vitamins, and skin and coat products. The company provides its products primarily under the PetIQ, PetArmor, VIP Petcare, VetIQ PetCare, VetIQ, Capstar, Advecta, SENTRY, Sergeants, PetLock, Heart Shield Plus, TruProfen, Betsy Farms, PetAction, Minties, Vera, and Delightibles brands. In addition, the company offers a suite of services at community clinics and wellness centers hosted at pet retailers, including diagnostic tests, vaccinations, prescription medications, microchipping, and wellness checks. It operates through veterinarian, retail, and e-commerce channels. The company was founded in 2010 and is headquartered in Eagle, Idaho.

CEO	Mr. McCord Christensen
WEBSITE	https://petiq.com
INDUSTRY	Pharmaceuticals
EMPLOYEES	1076

PetIQ Inc Frequently Asked Questions

What is the ticker symbol for PetIQ Inc? What does PETQ stand for in stocks?

PETQ is the stock ticker symbol of PetIQ Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PetIQ Inc (PETQ)?

As of Mon May 13 2024, market cap of PetIQ Inc is 568.38 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PETQ stock?

You can check PETQ's fair value in chart for subscribers.

What is the fair value of PETQ stock?

You can check PETQ's fair value in chart for subscribers. The fair value of PetIQ Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PetIQ Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PETQ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PetIQ Inc a good stock to buy?

The fair value guage provides a quick view whether PETQ is over valued or under valued. Whether PetIQ Inc is cheap or expensive depends on the assumptions which impact PetIQ Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PETQ.

What is PetIQ Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, PETQ's PE ratio (Price to Earnings) is 77.45 and Price to Sales (PS) ratio is 0.51. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PETQ PE ratio will change depending on the future growth rate expectations of investors.