Stocks of Petco Health and Wellness Co Inc (NASDAQ:WOOF) traded higher last session on Wall Street, up 0.56% to $3.62.
WOOF stock price is now -12.64% away from the 50-day moving average and 0.36% away from the 200-day moving average. The market capitalization of the company currently stands at $997.88M.
With the price target enhanced from $3 to $4, Citigroup maintained Neutral rating for Petco Health and Wellness Co Inc (NASDAQ: WOOF). On April 02, 2024, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Underperform’ on the stock reducing its target price from $5 to quote $1.50, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, Zavada John, Former Officer bought 58,916 shares of the company’s stock on Dec 10 ’24. The stock was bought for $274,237 at an average price of $4.65. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22 ’24, Former Officer Tichy Justin bought 20,743 shares of the business’s stock. A total of $57,063 was incurred on buying the stock at an average price of $2.75. A total of 49.69% 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 $1.41 and a high of $6.29. As of last week, the company has a debt-to-equity ratio of 2.66, a current ratio of 0.84, and a quick ratio of 0.22. The fifty day moving average price for WOOF is $4.1554 and a two-hundred day moving average price translates $3.597475 for the stock.
The latest earnings results from Petco Health and Wellness Co Inc (NASDAQ: WOOF) was released for 2024-08-03. The net profit margin was -1.77% and return on equity was -9.55% for WOOF. The company reported revenue of $1.52 billion for the quarter, compared to $1.53 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.46 percent. For the current quarter, analysts expect WOOF to generate $1.56B in revenue.
