Petco Health and Wellness Co Inc [NASDAQ: WOOF] closed the trading session at $5.02.
The stocks have a year to date performance of 58.86 percent and weekly performance of 15.67 percent. The stock has been moved at 151.00 percent over the last six months. The stock has performed 64.05 percent around the most recent 30 days and changed 58.36 percent over the most recent 3-months.
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If compared to the average trading volume of 4.30M shares, WOOF reached to a volume of 4885100 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Petco Health and Wellness Co Inc [WOOF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WOOF shares is $3.49 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WOOF stock is a recommendation set at 2.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Petco Health and Wellness Co Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 19, 2024. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $5 to $1.50. The new note on the price target was released on April 02, 2024, representing the official price target for Petco Health and Wellness Co Inc stock. Previously, the target price had yet another raise to $3.11, while Jefferies analysts kept a Hold rating on WOOF stock. On November 30, 2023, analysts decreased their price target for WOOF shares from 8 to 3.
The Average True Range (ATR) for Petco Health and Wellness Co Inc is set at 0.36, with the Price to Sales ratio for WOOF stock in the period of the last 12 months amounting to 0.22. The Price to Book ratio for the last quarter was 1.21, with the Price to Cash per share for the same quarter was set at 0.49.
WOOF stock trade performance evaluation
Petco Health and Wellness Co Inc [WOOF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.67. With this latest performance, WOOF shares gained by 64.05% in over the last four-week period, additionally plugging by 151.00% over the last 6 months – not to mention a rise of 26.13% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WOOF stock in for the last two-week period is set at 67.15, with the RSI for the last a single of trading hit 69.15, and the three-weeks RSI is set at 65.12 for Petco Health and Wellness Co Inc [WOOF]. The present Moving Average for the last 50 days of trading for this stock 3.45, while it was recorded at 4.67 for the last single week of trading, and 2.87 for the last 200 days.
Petco Health and Wellness Co Inc [WOOF]: An insightful look at the core fundamentals
Petco Health and Wellness Co Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.24 and a Current Ratio set at 0.84.
Earnings per share (EPS) analysis for Petco Health and Wellness Co Inc [WOOF] stock
With the latest financial reports released by the company, Petco Health and Wellness Co Inc posted -0.05/share EPS, while the average EPS was predicted by analysts to be reported at 0.02/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.07. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WOOF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Petco Health and Wellness Co Inc go to 48.80%.
Petco Health and Wellness Co Inc [WOOF]: Institutional Ownership
There are presently around $128.68%, or 134.37%% of WOOF stock, in the hands of institutional investors. The top three institutional holders of WOOF stocks are: CVC MANAGEMENT HOLDINGS II LTD. with ownership of 145.92 million shares, which is approximately 54.0925%. CANADA PENSION PLAN INVESTMENT BOARD, holding 59.77 million shares of the stock with an approximate value of $$225.91 million in WOOF stocks shares; and CANADA PENSION PLAN INVESTMENT BOARD, currently with $$33.44 million in WOOF stock with ownership which is approximately 3.2793%.
