Your email has been successfully added to our mailing list.

×
0 0 -0.00108330007412064 -0.00165345800786817 0.00518843719710366 0.00632875306459893 0.00632875306459893 0.00632875306459893
Stock impact report

Should You Be Concerned About PetIQ, Inc.'s (NASDAQ:PETQ) ROE? [Yahoo! Finance]

PetIQ, Inc. - Class A (PETQ) 
Last petiq, inc. - class a earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.petiq.com
Company Research Source: Yahoo! Finance
By way of learning-by-doing, we'll look at ROE to gain a better understanding of PetIQ, Inc. ( NASDAQ:PETQ Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital. View our latest analysis for PetIQ How Is ROE Calculated? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for PetIQ is: 1.1% = US$2.5m ÷ US$223m (Based on the trailing twelve months to December 2023). The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.01 in profit. Does PetIQ Have A Good Return On Equity? One simple way to determine if a company has a good return on equity is to compare it to the average for its industr Show less Read more
Impact Snapshot
Event Time:
PETQ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PETQ alerts
Opt-in for
PETQ alerts

from News Quantified
Opt-in for
PETQ alerts

from News Quantified