Financial Review: Wag! Group (PET) versus The Competition

Wag! Group (NASDAQ:PET – Get Rating) is one of 61 publicly-traded companies in the “Personal services” industry, but how does it weigh in compared to its rivals? We will compare Wag! Group to similar companies based on the strength of its analyst recommendations, dividends, valuation, risk, earnings, profitability and institutional ownership.

Profitability

This table compares Wag! Group and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Wag! Group	N/A	-821.47%	-47.98%
Wag! Group Competitors	-19.93%	-33.82%	-2.01%

Earnings & Valuation

This table compares Wag! Group and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Wag! Group	$54.87 million	-$38.57 million	-1.21
Wag! Group Competitors	$661.70 million	$12.69 million	1,089.41

Wag! Group’s rivals have higher revenue and earnings than Wag! Group. Wag! Group is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Insider & Institutional Ownership

88.1% of Wag! Group shares are owned by institutional investors. Comparatively, 41.1% of shares of all “Personal services” companies are owned by institutional investors. 21.2% of Wag! Group shares are owned by company insiders. Comparatively, 25.6% of shares of all “Personal services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Wag! Group and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Wag! Group	0	0	5	0	3.00
Wag! Group Competitors	201	900	1449	64	2.53

Wag! Group presently has a consensus price target of $6.75, indicating a potential upside of 212.50%. As a group, “Personal services” companies have a potential upside of 16.32%. Given Wag! Group’s stronger consensus rating and higher probable upside, research analysts clearly believe Wag! Group is more favorable than its rivals.

Summary

Wag! Group rivals beat Wag! Group on 7 of the 12 factors compared.

Wag! Group Company Profile

(Get Rating)

Wag! Group Co. develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. Its platform allows pet parents, who require specific pet care services, such as dog walking, pet sitting and boarding, advice from licensed pet experts, home visits, training, and access to other services. The company was founded in 2015 and is based in Purchase, New York.