Petco Health and Wellness Co Inc (NASDAQ:WOOF) shares traded 1.69% higher at $3.62 on Wall Street last session.
WOOF stock price is now 11.81% away from the 50-day moving average and -2.01% away from the 200-day moving average. The market capitalization of the company currently stands at $1.00B.
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, Anderson Joel D, Chief Executive Officer bought 849,541 shares of the company’s stock on Mar 31 ’25. The stock was bought for $2,574,109 at an average price of $3.03. Upon completion of the transaction, the Chief Executive Officer now directly owns 853,304 shares in the company, valued at $3.09 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 28 ’25, Chief Executive Officer Anderson Joel D bought 736,547 shares of the business’s stock. A total of $2,143,352 was incurred on buying the stock at an average price of $2.91. This leaves the insider owning 736,547 shares of the company worth $2.67 million. A total of 51.81% 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 $2.23 and a high of $6.29. As of last week, the company has a debt-to-equity ratio of 2.64, a current ratio of 0.85, and a quick ratio of 0.28.
The net profit margin was -1.66% and return on equity was -8.86% for WOOF. The company reported revenue of $1.55 billion for the quarter, compared to $1.67 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.31 percent. For the current quarter, analysts expect WOOF to generate $1.5B in revenue.
