Petco Health and Wellness Company, Inc. (NASDAQ:WOOF – Get Free Report) has been assigned a consensus rating of “Hold” from the eleven ratings firms that are currently covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $3.9533.
WOOF has been the subject of a number of analyst reports. Robert W. Baird boosted their price target on Petco Health and Wellness from $3.50 to $4.00 and gave the company a “neutral” rating in a research note on Friday, August 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $4.00 target price on shares of Petco Health and Wellness in a report on Wednesday, September 3rd. UBS Group raised their target price on Petco Health and Wellness from $3.25 to $3.70 and gave the stock a “neutral” rating in a research report on Friday, August 29th. Jefferies Financial Group lifted their price target on Petco Health and Wellness from $4.05 to $4.15 and gave the stock a “hold” rating in a research note on Friday, August 29th. Finally, Zacks Research upgraded Petco Health and Wellness from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 4th.
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Institutional Trading of Petco Health and Wellness
Several institutional investors have recently added to or reduced their stakes in WOOF. Sei Investments Co. grew its holdings in Petco Health and Wellness by 12.8% in the second quarter. Sei Investments Co. now owns 26,055 shares of the company’s stock worth $74,000 after purchasing an additional 2,951 shares during the last quarter. Bank of Nova Scotia lifted its holdings in Petco Health and Wellness by 27.8% during the 2nd quarter. Bank of Nova Scotia now owns 15,208 shares of the company’s stock worth $43,000 after buying an additional 3,308 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Petco Health and Wellness by 17.6% in the 2nd quarter. Cetera Investment Advisers now owns 28,419 shares of the company’s stock valued at $80,000 after buying an additional 4,258 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Petco Health and Wellness by 40.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,841 shares of the company’s stock worth $60,000 after purchasing an additional 4,526 shares during the last quarter. Finally, Creative Planning lifted its stake in shares of Petco Health and Wellness by 14.8% in the 2nd quarter. Creative Planning now owns 36,779 shares of the company’s stock worth $104,000 after acquiring an additional 4,734 shares during the period.
Petco Health and Wellness Price Performance
Shares of WOOF stock opened at $3.52 on Friday. The stock’s fifty day moving average is $3.39 and its 200-day moving average is $3.13. The stock has a market capitalization of $1.12 billion, a PE ratio of -35.20 and a beta of 1.74. Petco Health and Wellness has a 52 week low of $2.28 and a 52 week high of $6.29. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.31 and a current ratio of 0.89.
Petco Health and Wellness (NASDAQ:WOOF – Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.03. Petco Health and Wellness had a negative return on equity of 1.71% and a negative net margin of 0.47%.The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the previous year, the business posted ($0.02) EPS. Petco Health and Wellness’s revenue for the quarter was down 2.3% on a year-over-year basis. Equities research analysts expect that Petco Health and Wellness will post -0.22 EPS for the current fiscal year.
About Petco Health and Wellness
(Get Free Report)
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.
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Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Receives Average Rating of “Hold” from Analysts
