In yesterday’s Wall Street session, Petco Health and Wellness Co Inc (NASDAQ:WOOF) shares traded at $3.84, up 2.13% from the previous session.
15 analysts cover Petco Health and Wellness Co Inc (NASDAQ:WOOF), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $10.00 and a low of $4.00, we find $6.00. Given the previous closing price of $3.76, this indicates a potential upside of 59.57 percent. WOOF stock price is now 5.12% away from the 50-day moving average and -47.98% away from the 200-day moving average. The market capitalization of the company currently stands at $1.03B.
The stock has received a hold rating from 7 analysts and a buy rating from 6. Brokers who have rated the stock have averaged $6.25 as their price target over the next twelve months.
In other news, COUGHLIN RON, CEO & Chairman bought 61,040 shares of the company’s stock on Mar 28. The stock was bought for $504,801 at an average price of $8.27. Upon completion of the transaction, the CEO & Chairman now directly owns 618,317 shares in the company, valued at $2.37 million. Insiders disposed of 455,807 shares of company stock worth roughly $1.75 million over the past 1 year. A total of 43.88% of the company’s stock is owned by insiders.
On Tuesday morning Petco Health and Wellness Co Inc (NASDAQ: WOOF) stock kicked off with the opening price of $3.8400. During the past 12 months, Petco Health and Wellness Co Inc has had a low of $3.06 and a high of $12.57. As of last week, the company has a debt-to-equity ratio of 1.26, a current ratio of 0.95, and a quick ratio of 0.33. According to the stock market information, the enterprise value for the company is $3.89B, which is based on a 28.21 price-to-earnings ratio, a 0.58 price-to-earnings-growth ratio, and a beta of 1.33. The fifty day moving average price for WOOF is $3.6530 and a two-hundred day moving average price translates $7.3814 for the stock.
The latest earnings results from Petco Health and Wellness Co Inc (NASDAQ: WOOF) was released for Jul, 2023. According to the Specialty Retail Company, earnings per share came in at $0.06, inline with analysts’ expectations of $0.06. This compares to $0.05 EPS in the same period last year. The net profit margin was 0.59% and return on equity was 1.54% for WOOF. The company reported revenue of $1.53 billion for the quarter, compared to $1.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.37 percent. For the current quarter, analysts expect WOOF to generate $1.51B in revenue.
