At the time of writing, Petco Health and Wellness Co Inc [WOOF] stock is trading at $4.10, up 7.61%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WOOF shares have gain 3.80% over the last week, with a monthly amount drifted -16.50%, and not seem to be holding up well over a long-time horizon.
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 $6.29. Currently, Wall Street analysts expect the stock to reach $4.53 within the next 12 months. Petco Health and Wellness Co Inc [NASDAQ: WOOF] shares were valued at $4.10 at the most recent close of the market. An investor can expect a potential return of 10.49% 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 6.24B for trailing twelve months, which represents an 1.16% jump. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.1 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.26.
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 3.90 points at the first support level, and at 3.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.20, and for the 2nd resistance point, it is at 4.30.
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. Further, the Quick Ratio stands at 0.22, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 1.00.
Transactions by insiders
Recent insider trading involved Zavada John, Former Officer, that happened on Dec 10 ’24 when 58916.0 shares were purchased. Former Officer, Tichy Justin completed a deal on Aug 22 ’24 to buy 20743.0 shares. Meanwhile, Former Officer Tichy Justin bought 38611.0 shares on Aug 07 ’24.
