How to Buy Petiq Stock
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.
Petiq stock last closed at $30.87, up 0% from the previous day, and has increased 40.19% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.73 percentage points. Petiq stock is currently +104.57% from its 52-week low of $15.09, and -0.13% from its 52-week high of $30.91.
At the moment, there are 29.89M PETQ shares outstanding. The market value of PETQ is $922.57M. In the last 24 hours, 349,725 PETQ shares were traded.
How to Buy Petiq Stock
Wondering how to invest in Petiq stock? Here's how.
- Decide where to buy Petiq stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Petiq stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Select your payment method and add your information.
- Evaluate Petiq stock: The Petiq ticker symbol is PETQ. Is Petiq stock a good investment? Should you buy shares of PETQ? How do PETQ's underlying business fundamentals look? Do top analysts think Petiq is a good buy? Why has PETQ's stock price moved recently? (Hint: Our stock market research website can help you figure out if PETQ is a good stock to buy).
- Make your PETQ trade: Decide if you will purchase PETQ shares at the current market price or use a limit order to purchase PETQ stock at a specific price.
- Get the latest scoop on your PETQ investment: Create a watchlist to important notifications about your investment in Petiq stock.
Step 1: Decide where to buy Petiq stock
You will need an online brokerage account in order to access the NASDAQ market and buy PETQ stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal details so you can invest in PETQ stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on a mobile trading app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help transferring money into your brokerage account.
Step 4: Evaluate Petiq stock
Once you have decided on the best place to buy Petiq stock, it's important to analyze their stock before you buy, so you can understand the risk and opportunity.
Petiq shares at a glance
PETQ Due Diligence Checks
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on PETQ's stock page.
Is PETQ stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PETQ's intrinsic value.
Using relative valuations measures:
- PETQ may be overvalued based on its P/E ratio of 68.6x, relative to Drug Manufacturers - Specialty & Generic industry P/E ratio of 19.37x
- PETQ may be overvalued based on its P/B ratio of 3.58x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.26x
- PETQ may be overvalued based on its PEG ratio of 1.36x
You can access more valuation research on PETQ's stock here.
Is PETQ a healthy company?
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the PETQ balance sheet.
- PETQ profit margin has gone up from -3.7% to 1.2% in the past year.
- There are more short-term assets than short-term liabilities on the PETQ balance sheet.
Negative Financial Indicators:
- Total PETQ debt is higher than 5 years ago, relative to shareholder equity.
- PETQ earnings of $48.94M is not enough to cover its interest payments.
- PETQ has a relatively high debt to equity ratio of 2.46.
- PETQ's operating cash flow of $20.22M allows it to safely service it's debt of $460.59M.
Is Petiq stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Wall Street analysts who give recommendations on PETQ, the consensus analyst rating on Petiq is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Petiq stock forecast page.
PETQ Technicals
Is PETQ Growing Revenue?
Last year, PETQ earnings were $13.19M. Over the last five year, PETQ's earnings have increased by 24.57% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 11.28%.
Last year, PETQ revenue was $1.13B. During the last 5 year, PETQ's revenue has gone up by 13.15% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 20.55%.
Learn more about PETQ's earnings and revenue performance here.
What are PETQ insiders up to?
Over the past year, executives and large shareholders at PETQ have sold more shares than they have bought.
William J. Carter, EVP GENERAL COUNSEL of PETQ, was the latest PETQ insider to sell. They sold $45,811.44 worth of PETQ stock on Aug 28, 2024.
Research more about who owns PETQ shares here.
Does PETQ stock generate passive income?
No, Petiq doesn't provide an income stream by paying out dividends.
PETQ Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your PETQ trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Click the Open button and your broker will place the order.
If you want more help buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your PETQ investment
Now that you own some PETQ stock, you'll want to stay up-to-date on your investment.
Add PETQ to a watchlist to get alerted to the latest events about your PETQ stock.
PETQ Feed
How to Buy Stock in Petiq
To summarize, here are the 6 steps to buy stock in Petiq:
- Decide where to buy Petiq stock
- Open your brokerage account
- Put funds into your investment account
- Evaluate Petiq stock
- Make your PETQ trade
- Get the latest scoop on your PETQ investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your new investment in Petiq, add PETQ to your watchlist by clicking the button below.
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