PetIQ, Inc. manufactures and distributes health and wellness products for dogs and cats. The Company offers pet prescription medications, over-the-counter flea and tick preventives, health and wellness supplements, and dog and cat treats. The company is based in Eagle, Idaho.
PETQ Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PETQ, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that PetIQ Inc ranked in the 87th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of PetIQ Inc, consider:
The company's balance sheet shows it gets 65% of its capital from equity, and 35% of its capital from debt. Notably, its equity weight is greater than only 18.86% of US equities in the Healthcare sector yielding a positive free cash flow.
PetIQ Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.27. This coverage rate is greater than that of only 24.58% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of PetIQ Inc? See AMS, USNU, SUPN, NHC, and ARGX.
PetIQ, Inc. (PETQ) Q2 2020 Earnings Conference Call August 06, 2020 4:30 PM ET Company Participants Jeff Sonnek – ICR Cord Christensen – Chairman and Chief Executive Officer Susan Sholtis – President John Newland – Chief Financial Officer Conference Call Participants Joe Altobello – Raymond James David Westenberg – Guggenheim...
EAGLE, Idaho, July 23, 2020 (GLOBE NEWSWIRE) -- PetIQ, Inc. (“PetIQ” or the “Company”) (Nasdaq: PETQ), a leading pet medication and wellness company, today announced it will report results for the second quarter ended June 30, 2020 on Thursday, August 6, 2020 after the market close. The Company will host a conference call with members of the executive management team to discuss these results with additional comments and details. The conference call is scheduled to begin at 4:30 p.m. ET on Thursday, August 6, 2020. To participate on the live call listeners in North America may dial 855-327-6837 and international listeners may dial 631-891-4304.In addition, the call will be broadcast live over the Internet hosted at the “Investors” section of the Company's website at www.PetIQ.com. A...