In a report released today, Jeremy Hamblin from Craig-Hallum maintained a Buy rating on Wag! Group (PET – Research Report). The company’s shares closed yesterday at $2.30.
Hamblin covers the Consumer Cyclical sector, focusing on stocks such as Arhaus, Potbelly, and Ollie’s Bargain Outlet Holding. According to TipRanks, Hamblin has an average return of 7.3% and a 52.67% success rate on recommended stocks.
Wag! Group has an analyst consensus of Moderate Buy.
Based on Wag! Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $21.67 million and a GAAP net loss of $3.47 million. In comparison, last year the company earned a revenue of $17.04 million and had a net profit of $5.8 million
Based on the recent corporate insider activity of 97 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PET in relation to earlier this year. Earlier this month, Nicholas Yu, the VP of Legal of PET bought 1,822.00 shares for a total of $163.98.
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Wag! Group (PET) Company Description:
CHW Acquisition Corp is a blank check company.
