The stock of Petco Health and Wellness Co Inc (NASDAQ:WOOF) last traded at $3.25, down -6.61% from the previous session.
WOOF stock price is now -7.65% away from the 50-day moving average and -53.12% away from the 200-day moving average. The market capitalization of the company currently stands at $872.59M.
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 $0.23 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 $2.01 million. Insiders disposed of 455,807 shares of company stock worth roughly $1.48 million over the past 1 year. A total of 43.87% of the company’s stock is owned by insiders.
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 $3.5194 and a two-hundred day moving average price translates $6.9331 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 $0.07 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 $1.49 billion for the quarter, compared to $1.5 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.47 percent. For the current quarter, analysts expect WOOF to generate $1.62B in revenue.
