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NASDAQ: PETQ
Petiq Inc Stock Forecast, Predictions & Price Target

Analyst price target for PETQ

Based on 2 analysts offering 12 month price targets for Petiq Inc.
Min Forecast
$28.00+43.15%
Avg Forecast
$29.00+48.26%
Max Forecast
$30.00+53.37%

Should I buy or sell PETQ stock?

Based on 2 analysts offering ratings for Petiq Inc.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PETQ stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Lake Street
Bottom 12%
12
Strong BuyInitiates Coverage On$28.00+40.56%2023-09-06
Benchmark
Top 24%
77
Strong BuyReiterates$30.00+50.60%2023-08-15

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Forecast return on equity

Is PETQ forecast to generate an efficient return?
Company
N/A
Industry
0.08%
Market
28.82%

Forecast return on assets

Is PETQ forecast to generate an efficient return on assets?
Company
N/A
Industry
0.05%

PETQ revenue growth forecast

How is PETQ forecast to perform vs Drug Manufacturers - Specialty & Generic companies and vs the US market?
Company
7.82%
Industry
13.25%
Market
8.15%
PETQ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PETQ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PETQ vs Pharmaceutical Stocks

TickerPricePrice TargetUp/downsideConsensus
PETQ$19.92$29.00+45.58%Strong Buy
CGC$0.84$0.72-14.29%Strong Sell
PAHC$13.22$19.00+43.72%Buy
EOLS$9.19$21.75+136.67%Strong Buy
HROW$14.06$41.00+191.61%Strong Buy

Petiq Stock Forecast FAQ

Is Petiq Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: PETQ) stock is to Strong Buy PETQ stock.

Out of 2 analysts, 2 (100%) are recommending PETQ as a Strong Buy, 0 (0%) are recommending PETQ as a Buy, 0 (0%) are recommending PETQ as a Hold, 0 (0%) are recommending PETQ as a Sell, and 0 (0%) are recommending PETQ as a Strong Sell.

If you're new to stock investing, here's how to buy Petiq stock.

What is PETQ's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: PETQ) forecast ROE is N/A, which is considered weak.

What is PETQ's Price Target?

According to 2 Wall Street analysts that have issued a 1 year PETQ price target, the average PETQ price target is $29.00, with the highest PETQ stock price forecast at $30.00 and the lowest PETQ stock price forecast at $28.00.

On average, Wall Street analysts predict that Petiq's share price could reach $29.00 by Sep 6, 2024. The average Petiq stock price prediction forecasts a potential upside of 45.58% from the current PETQ share price of $19.92.

What is PETQ's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: PETQ) forecast ROA is N/A, which is lower than the forecast US Drug Manufacturers - Specialty & Generic industry average of 0.05%.
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