Petco Health and Wellness Company, Inc. (NASDAQ:WOOF – Get Free Report) has been given an average rating of “Hold” by the nine analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $3.42.
Several research firms have recently issued reports on WOOF. Wall Street Zen raised shares of Petco Health and Wellness from a “hold” rating to a “buy” rating in a research report on Sunday, September 13th. Robert W. Baird raised their price target on Petco Health and Wellness from $3.00 to $3.25 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. BNP Paribas Exane decreased their price target on Petco Health and Wellness from $2.34 to $2.11 and set an “underperform” rating for the company in a report on Thursday, September 3rd. UBS Group lowered their price objective on Petco Health and Wellness from $4.00 to $3.50 and set a “neutral” rating for the company in a research report on Thursday, September 3rd. Finally, Weiss Ratings upgraded Petco Health and Wellness from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, October 22nd.
View Our Latest Research Report on WOOF
Hedge Funds Weigh In On Petco Health and Wellness
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. HB Wealth Management LLC acquired a new stake in Petco Health and Wellness during the first quarter worth approximately $34,000. International Assets Investment Management LLC boosted its holdings in shares of Petco Health and Wellness by 63.9% in the 1st quarter. International Assets Investment Management LLC now owns 12,825 shares of the company’s stock valued at $35,000 after buying an additional 5,000 shares in the last quarter. R Squared Ltd acquired a new position in shares of Petco Health and Wellness in the 1st quarter valued at $36,000. Amundi purchased a new position in shares of Petco Health and Wellness in the 1st quarter valued at $54,000. Finally, Rockefeller Capital Management L.P. grew its position in shares of Petco Health and Wellness by 14.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 23,500 shares of the company’s stock valued at $66,000 after buying an additional 2,988 shares during the last quarter.
Petco Health and Wellness Stock Performance
Shares of Petco Health and Wellness stock opened at $2.61 on Monday. The firm has a market cap of $846.19 million, a PE ratio of 26.10, a price-to-earnings-growth ratio of 2.37 and a beta of 1.50. The company has a quick ratio of 0.39, a current ratio of 0.90 and a debt-to-equity ratio of 1.21. Petco Health and Wellness has a 52 week low of $2.14 and a 52 week high of $3.78. The business’s fifty day simple moving average is $2.44 and its 200-day simple moving average is $2.67.
Petco Health and Wellness (NASDAQ:WOOF – Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.06. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.49 billion. Petco Health and Wellness had a return on equity of 3.44% and a net margin of 0.51%. During the same quarter in the previous year, the business earned $0.05 EPS. Equities analysts forecast that Petco Health and Wellness will post 0.10 earnings per share for the current year.
About Petco Health and Wellness
Petco Health and Wellness Company, Inc is a U.S.-based pet health and wellness retailer operating under the Petco brand. The company serves pet owners through a combination of brick-and-mortar stores, digital commerce channels and service locations, offering products and services for dogs, cats, fish, birds, reptiles and other companion animals.
Petco’s merchandise includes pet food, treats, toys, bedding, habitats, grooming supplies and other everyday care products. Its services include veterinary care, grooming, training, adoption support and other wellness offerings.
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