The stock of Petco Health and Wellness Co Inc (NASDAQ:WOOF) last traded at $3.37, down -6.91% from the previous session.
Data from the available sources indicates that Petco Health and Wellness Co Inc (NASDAQ:WOOF) is covered by 15 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $6.00 and a low of $1.00, we find $3.50. Given the previous closing price of $3.62, this indicates a potential downside of -3.31 percent. WOOF stock price is now -6.10% away from the 50-day moving average and -53.11% away from the 200-day moving average. The market capitalization of the company currently stands at $902.38M.
In total, 9 analysts have assigned it a hold rating, and 5 have given it a buy rating. Brokers who have rated the stock have averaged $3.77 as their price target over the next twelve months.
With the price target reduced from $8 to $3, Robert W. Baird Downgraded its rating from Outperform to Neutral for Petco Health and Wellness Co Inc (NASDAQ: WOOF).
In other news, BRIGGS GARY S, Director bought 30,000 shares of the company’s stock on Dec 01. The stock was bought for $99,924 at an average price of $3.33. Upon completion of the transaction, the Director now directly owns 70,085 shares in the company, valued at $0.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 28, CEO & Chairman COUGHLIN RON bought 61,040 shares of the business’s stock. A total of $504,801 was incurred on buying the stock at an average price of $8.27. This leaves the insider owning 618,317 shares of the company worth $2.08 million. Insiders disposed of 455,807 shares of company stock worth roughly $1.54 million over the past 1 year. A total of 43.88% of the company’s stock is owned by insiders.
With an opening price of $3.6800 on Tuesday morning, Petco Health and Wellness Co Inc (NASDAQ: WOOF) set off the trading day. During the past 12 months, Petco Health and Wellness Co Inc has had a low of $2.63 and a high of $12.57. As of last week, the company has a debt-to-equity ratio of 2.54, a current ratio of 0.90, and a quick ratio of 0.25. The fifty day moving average price for WOOF is $3.5888 and a two-hundred day moving average price translates $7.1877 for the stock.
The latest earnings results from Petco Health and Wellness Co Inc (NASDAQ: WOOF) was released for Oct, 2023. According to the Specialty Retail Company, earnings per share came in at -$0.05, missing analysts’ expectations of $0.02 by -0.07. This compares to $0.05 EPS in the same period last year. The net profit margin was -19.89% and return on equity was -69.58% 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 $1.62B in revenue.
Petco Health and Wellness Co Inc(WOOF) Company Profile
Petco Health and Wellness Company, Inc., operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Vetco mobile clinics. It also offers pet consumables, supplies, and services through its petco.com, petcoach.co, petinsurancequotes.com, and pupbox.com websites. The company offers its products under the WholeHearted, Reddy, and Well & Good brands. Petco Health and Wellness Company, Inc. was founded in 1965 and is headquartered in San Diego, California.
