Petco Health and Wellness Co Inc [NASDAQ: WOOF] gained 6.45% on the last trading session, reaching $2.97 price per share at the time.
Petco Health and Wellness Co Inc represents 242.06 million in outstanding shares, while the company has a total market value of $832.37 million with the latest information. WOOF stock price has been found in the range of $2.78 to $2.99.
If compared to the average trading volume of 3.04M shares, WOOF reached a trading volume of 8217282 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $3.73 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 3.08. 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 Price to Book ratio for the last quarter was 0.73, with the Price to Cash per share for the same quarter was set at 0.68. Price to Free Cash Flow for WOOF in the course of the last twelve months was 14.18 with Quick ratio for the last quarter at 0.31.
Trading performance analysis for WOOF stock
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 3.48. With this latest performance, WOOF shares dropped by -22.25% in over the last four-week period, additionally sinking by -14.90% over the last 6 months – not to mention a drop of -22.05% 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 44.02, with the RSI for the last a single of trading hit 0.16, and the three-weeks RSI is set at 0.16 for Petco Health and Wellness Co Inc [WOOF]. The present Moving Average for the last 50 days of trading for this stock 3.39, while it was recorded at 2.78 for the last single week of trading, and 3.17 for the last 200 days.
Petco Health and Wellness Co Inc [WOOF]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Petco Health and Wellness Co Inc [WOOF] shares currently have an operating margin of 1.66% and a Gross Margin at 35.09%. Petco Health and Wellness Co Inc’s Net Margin is presently recorded at -0.47%.
Petco Health and Wellness Co Inc (WOOF) Capital Structure & Debt Analysis
According to recent financial data for Petco Health and Wellness Co Inc. ( WOOF), the Return on Equity (ROE) stands at -2.48%, reflecting a slight decline for investors. The Return on Assets (ROA) is -0.54%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Petco Health and Wellness Co Inc’s Return on Invested Capital (ROIC) is -0.75%, showcasing its effectiveness in deploying capital for earnings.
Petco Health and Wellness Co Inc (WOOF) Efficiency & Liquidity Metrics
Based on Petco Health and Wellness Co Inc’s (WOOF) latest financial statements, the Debt-to-Equity Ratio is 2.58%, indicating its reliance on debt financing relative to shareholder equity.
Petco Health and Wellness Co Inc (WOOF) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Petco Health and Wellness Co Inc. (WOOF) effectively leverages its workforce, generating an average of -$972.41 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.89% and a Quick Ratio of 0.31%, indicating strong ability to cover short-term liabilities.
Petco Health and Wellness Co Inc [WOOF]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Petco Health and Wellness Co Inc posted 0.02/share EPS, while the average EPS was predicted by analysts to be reported at 0.01/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. 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.
An analysis of Institutional ownership at Petco Health and Wellness Co Inc [WOOF]
There are presently around $123.87%, or 129.90%% 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 53.4376%. 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 3.2396%.
