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.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
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.
