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PETQ

PetIQ

$28.14

0.88 (3.23%)

16:12
08/14/18
08/14
16:12
08/14/18
16:12

PetIQ sees FY18 revenue approximately $500M, consensus $481.45M

  • 14

    Aug

PETQ PetIQ
$28.14

0.88 (3.23%)

11/20/17
JEFF
11/20/17
UPGRADE
Target $26
JEFF
Buy
PetIQ upgraded to Buy from Hold at Jefferies
Jefferies analyst Kevin Grundy upgraded PetIQ to Buy saying the recent pullback in shares provides an attractive entry point. In a non-deal roadshow, management conveyed a "high degree of confidence" in the company's outlook, Grundy tells investors in a research note. He believes the short thesis that has emerged "brings little new" information.
04/03/18
RHCO
04/03/18
NO CHANGE
Target $30
RHCO
Buy
PetIQ still has long growth runway, says SunTrust
Following the filing of pro forma financials of PetIQ's VIP business, SunTrust analyst William Chappell, Jr. reiterated his Buy rating and $30 price target on the shares, stating that he still sees the company having a long runway of growth ahead for both its products and services businesses.
04/13/18
OPCO
04/13/18
NO CHANGE
Target $28
OPCO
Outperform
PetIQ in the process of building credibility among investors, says Oppenheimer
Oppenheimer analyst Brian Nagel told investors in a research note that he came away from a recent meeting with PetIQ CEO Cord Christensen and VIP Petcare CEO Will Santana "incrementally positive." He said the company, which in the short time since its July 2017 IPO has amounted to "one of the more controversial stories among smaller cap consumer positives," is in the process of building credibility among investors and this process takes time. His Outperform rating and $28 price target reflects his intermediate to longer-term confidence in the PetIQ model and senior management, he said.
07/02/18
JEFF
07/02/18
NO CHANGE
Target $32
JEFF
Buy
Jefferies remains bullish on PetIQ, boosts price target to $32
Jefferies analyst Kevin Grundy raised his price target for PetIQ (PETQ) to $32 from $30 following a Walmart (WMT) store visit to a new VetIQ Petcare clinic in Lehighton, PA. The analyst sees see PetIQ's retail strategy as sensible given the high margin/return profile of the model. He believes the company's clinic rollout is on track and remains bullish on the stock with a Buy rating.

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