What is the best trade option for Petco Health and Wellness Co Inc (WOOF) stock?

Petco Health and Wellness Co Inc [WOOF] stock is trading at $2.89, up 1.22%. An important factor to consider is whether the stock is rising or falling in short-term value. The WOOF shares have lost -5.08% over the last week, with a monthly amount glided 12.21%, and 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.

Petco Health and Wellness Co Inc [WOOF] stock has fluctuated between $1.41 and $6.29 over the past year. Currently, Wall Street analysts expect the stock to reach $4.52 within the next 12 months. Petco Health and Wellness Co Inc [NASDAQ: WOOF] shares were valued at $2.89 at the most recent close of the market. An investor can expect a potential return of 56.4% based on the average WOOF price forecast.

Analyzing the WOOF fundamentals

Petco Health and Wellness Co Inc [NASDAQ:WOOF] reported sales of 6.12B for the trailing twelve months, which represents a drop of -7.31%. 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 -0.09 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.21.

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 2.63 points at the first support level, and at 2.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.10, and for the 2nd resistance point, it is at 3.30.

Ratios To Look Out For

For context, Petco Health and Wellness Co Inc’s Current Ratio is 0.85. On the other hand, the Quick Ratio is 0.28, and the Cash Ratio is 0.15. 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 Anderson Joel D, Chief Executive Officer, that happened on Mar 31 ’25 when 0.85 million shares were purchased. Chief Executive Officer, Anderson Joel D completed a deal on Mar 28 ’25 to buy 0.74 million shares. Meanwhile, Former Officer Zavada John bought 58916.0 shares on Dec 10 ’24.

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