PetIQ
PETQ

$30.55

0.1%

Market Cap: $906M

About: PetIQ Inc is a manufacturer and distributor of health and wellness products for dogs and cats. The company offers veterinarian-grade pet Rx medications, OTC flea and tick preventatives, vitamins treats, nutritional supplements, and hygiene products. The group operates in two segments namely the Products and Services segments. It also provides third-party products to retailers which for a long time are available for veterinary clinics only. Its proprietary brands include PetIQ, PetArmor, VIP Petcare, VetIQ PetCare, VetIQ, Capstar, Advecta, SENTRY, Sergeants, TruProfen, Betsy Farms, PetAction, Minties, Vera and Delightibles. The company generates maximum revenue from Products segment.

Employees: 1,933

Healthcare Drugs, Proprietaries & Druggists Sundries

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

63% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 27

33% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]

28% more call options, than puts

Call options by funds: $1.8M | Put options by funds: $1.4M

23% more capital invested

Capital invested by funds: $509M [Q1] → $628M (+$119M) [Q2]

10% more funds holding

Funds holding: 165 [Q1] → 182 (+17) [Q2]

1.24% more ownership

Funds ownership: 95.2% [Q1] → 96.44% (+1.24%) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 62

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$31

1%

upside

Avg. target

$31

1%

upside

High target

$31

1%

upside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

Truist Securities

Bill Chappell

64% 1-year accuracy

16 / 25 met price target

1%upside

$31

Hold

Downgraded

8 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about PETQ published over the past 30 days

PETQ Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of PetIQ, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of PetIQ, Inc. (NASDAQ: PETQ) to Bansk Group for $31.00 per share in cash is fair to PetIQ shareholders. Halper Sadeh encourages PetIQ shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether PetIQ and its board of directo.

PETQ Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of PetIQ, Inc. Is Fair to Shareholders

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of PetIQ, Inc. - PETQ

NEW YORK , Aug. 9, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating PetIQ, Inc. (Nasdaq: PETQ ), relating to its proposed merger with Bansk Group.

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of PetIQ, Inc. - PETQ

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates GTHX, PETQ on Behalf of Shareholders

NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates GTHX, PETQ on Behalf of Shareholders

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of PetIQ, Inc. – PETQ

NEW YORK, NY / ACCESSWIRE / August 8, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating PetIQ, Inc. (Nasdaq: PETQ ), relating to its proposed merger with Bansk Group.

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of PetIQ, Inc. – PETQ

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PETQ, DRQ on Behalf of Shareholders

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PETQ, DRQ on Behalf of Shareholders

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of PetIQ, Inc. – PETQ

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating PetIQ, Inc . ( Nasdaq : PETQ ) , relating to its proposed merger with Bansk Group. Under the terms of the agreement, PetIQ shares will be automatically converted into the right to receive $31.00 in cash per share.

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of PetIQ, Inc. – PETQ

PETQ Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of PetIQ, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of PetIQ, Inc. (NASDAQ: PETQ) to Bansk Group for $31.00 per share in cash is fair to PetIQ shareholders. Halper Sadeh encourages PetIQ shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether PetIQ and its board of directo.

PETQ Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of PetIQ, Inc. Is Fair to Shareholders

Shareholder Alert: Ademi LLP investigates whether PetIQ, Inc. has obtained a Fair Price for its Public Shareholders

MILWAUKEE, Aug. 7, 2024 /PRNewswire/ -- Ademi LLP is investigating PetIQ (Nasdaq: PETQ) for possible breaches of fiduciary duty and other violations of law in its transaction with Bansk. Click here to learn how to join our investigation https://www.ademilaw.com/case/petiq-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether PetIQ, Inc. has obtained a Fair Price for its Public Shareholders

Investors Business Daily

PetIQ Stock Rockets 48% To A Three-Year High On A $1.5 Billion Takeover

Pet medications wholesaler PetIQ agreed to a $1.5 billion buyout Wednesday, sending shares into the stratosphere.

PetIQ Stock Rockets 48% To A Three-Year High On A $1.5 Billion Takeover

Zacks Investment Research

PetIQ (PETQ) Tops Q2 Earnings Estimates

PetIQ (PETQ) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.46 per share a year ago.

PetIQ (PETQ) Tops Q2 Earnings Estimates

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