PetIQ: Hits 6-mth low after Q3 sales misses estimates on pandemic hit

PetIQ

06/11/2020 17:41

** Shares of pet health and wellness product maker  PETQ.O 
fall 16.8% to a near 6-mth low of $25.52
    ** PETQ on Thurs missed Q3 net sales est as clinics were
temporarily closed due to COVID-19 pandemic  urn:newsml:reuters.com:*:nGNX4RTpWS
    ** Co said annual outlook provided earlier remains suspended
due to uncertainty over health crisis 
    ** All 6 brokerages covering stock rate it "buy" or higher;
median PT is $43 - Refinitiv data
    ** Up to Thursday's close, stock up 22.4% YTD

 (Reporting by Amruta Khandekar)
 ((Amruta.Khandekar@thomsonreuters.com;))