At the time of writing, Petco Health and Wellness Co Inc [WOOF] stock is trading at $4.64, up 3.34%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WOOF shares have gain 8.67% over the last week, with a monthly amount drifted -13.59%, and not seem to be holding up well over a long-time horizon.
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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.
For the past year, the stock price of Petco Health and Wellness Co Inc fluctuated between $1.41 and $5.94. Currently, Wall Street analysts expect the stock to reach $9.42 within the next 12 months. Petco Health and Wellness Co Inc [NASDAQ: WOOF] shares were valued at $4.64 at the most recent close of the market. An investor can expect a potential return of 103.02% based on the average WOOF price forecast.
Analyzing the WOOF fundamentals
According to Petco Health and Wellness Co Inc [NASDAQ:WOOF], the company’s sales were 6.22B for trailing twelve months, which represents an -0.46% plunge. 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 of2.64.
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 4.47 points at the first support level, and at 4.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.74, and for the 2nd resistance point, it is at 4.84.
Ratios To Look Out For
It is important to note that Petco Health and Wellness Co Inc [NASDAQ:WOOF] has a current ratio of 0.84. As well, the Quick Ratio is 0.24, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.20, the price to book ratio is 1.12.
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.
