Petco Health and Wellness Co Inc [WOOF] stock prices are up 7.72% to $3.07 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WOOF shares have gain 0.33% over the last week, with a monthly amount glided 31.76%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Petco Health and Wellness Co Inc [NASDAQ: WOOF] stock has seen the most recent analyst activity on July 19, 2024, when Citigroup reiterated its Neutral rating and also boosted its price target to $4 from $3. Previously, BofA Securities downgraded its rating to Underperform on April 02, 2024, and dropped its price target to $1.50. On December 19, 2023, Jefferies initiated with a Hold rating and assigned a price target of $3.11 on the stock. Robert W. Baird downgraded its rating to a Neutral and decreased its price target to $3 on November 30, 2023. Wells Fargo downgraded its rating to a Equal Weight. In a note dated August 25, 2023, RBC Capital Mkts reiterated an Outperform rating on this stock and revised its target price from $10 to $7.
The stock price of Petco Health and Wellness Co Inc [WOOF] has been fluctuating between $1.41 and $5.01 over the past year. Currently, Wall Street analysts expect the stock to reach $10.5 within the next 12 months. Petco Health and Wellness Co Inc [NASDAQ: WOOF] shares were valued at $3.07 at the most recent close of the market. An investor can expect a potential return of 242.02% based on the average WOOF price forecast.
Analyzing the WOOF fundamentals
The Petco Health and Wellness Co Inc [NASDAQ:WOOF] reported sales of 6.23B for trailing twelve months, representing a drop of -1.72%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.2%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -1.14 and Total Capital is -0.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.85 points at the first support level, and at 2.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.19, and for the 2nd resistance point, it is at 3.31.
Ratios To Look Out For
It’s worth pointing out that Petco Health and Wellness Co Inc [NASDAQ:WOOF]’s Current Ratio is 0.85. Also, the Quick Ratio is 0.21, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 0.13, the price to book ratio is 0.72.
Transactions by insiders
Recent insider trading involved Tichy Justin, Former Officer, that happened on Aug 22 ’24 when 20743.0 shares were purchased. Former Officer, Tichy Justin completed a deal on Aug 07 ’24 to buy 38611.0 shares. Meanwhile, Director Breitner Cameron bought 0.75 million shares on May 29 ’24.
