Published on 25 Dec 2023 on Simply Wall St. via Yahoo Finance

Investors in PetIQ (NASDAQ:PETQ) have seen splendid returns of 106% over the past year

When you buy shares in a company, there is always a risk that the price drops to zero. But when you pick a company that is really flourishing, you can make more than 100%. For example, the PetIQ, Inc. (NASDAQ:PETQ) share price has soared 106% in the last 1 year. Most would be very happy with that, especially in just one year! In more good news, the share price has risen 8.7% in thirty days. But the price may well have benefitted from a buoyant market, since stocks have gained 5.2% in the last thirty days. In contrast, the longer term returns are negative, since the share price is 47% lower than it was three years ago.

So let's assess the underlying fundamentals over the last 1 year and see if they've moved in lock-step with shareholder returns.

See our latest analysis for PetIQ