PetIQ, Inc. Reports Second Quarter 2018 Financial Results

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PetIQ Inc. (PETQ) PT Raised to $37 at Jefferies

August 15, 2018 11:19 AM EDT

Jefferies analyst Kevin Grundy raised the price target on PetIQ Inc. (NASDAQ: PETQ) to $37.00 (from $32.00) while maintaining a Buy rating.

Grundy cited solid sales delivery and called it a top Small Cap growth idea.

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PetIQ, Inc. (PETQ) Misses Q2 EPS by 22c, Revenues Beat; Offers FY18 Revenue Outlook Above Consensus

August 14, 2018 4:08 PM EDT

PetIQ, Inc. (NASDAQ: PETQ) reported Q2 EPS of $0.16, $0.22 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $171 million versus the consensus estimate of $148.44 million.

Net sales of $171.1 million, an increase of 96%Net income of $5.4 millionAdjusted EBITDA of $15.8 million compared to $7.6 millionOpened 17 wellness centers and three regional offices during the quarter, for a... More