Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Given Average Rating of "Hold" by Analysts

Key Points

• Consensus "Hold": Eleven analysts have a consensus rating of Hold on Petco (1 sell, 8 hold, 2 buy) with an average 1-year price target of about $4.06.
• Recent quarter: Petco reported a miss — EPS of ($0.01) vs. $0.02 expected and revenue of $1.52B (down 2.4% year‑over‑year); analysts forecast -$0.22 EPS for the current year.
• Market and valuation snapshot: shares near $2.81 (52‑week range $2.24–$4.51) with a market cap ≈ $905M, a high P/E (~93.7), debt/equity of 1.28 and a current ratio of 0.90, signaling modest liquidity and elevated leverage.

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Get Free Report) has been assigned a consensus rating of "Hold" from the eleven analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $4.0625.

A number of equities research analysts recently issued reports on the company. UBS Group boosted their price objective on Petco Health and Wellness from $3.50 to $4.00 and gave the company a "neutral" rating in a research note on Monday, March 16th. Weiss Ratings restated a "sell (d-)" rating on shares of Petco Health and Wellness in a research note on Monday, December 29th. Jefferies Financial Group upgraded Petco Health and Wellness from a "hold" rating to a "buy" rating and boosted their price objective for the company from $4.05 to $5.00 in a research note on Thursday, March 12th. Evercore decreased their price target on Petco Health and Wellness from $4.00 to $3.00 and set an "in-line" rating on the stock in a research report on Tuesday, February 3rd. Finally, Citigroup upped their price target on Petco Health and Wellness from $3.50 to $4.00 and gave the company a "neutral" rating in a research report on Monday, March 16th.

Institutional Investors Weigh In On Petco Health and Wellness

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Sei Investments Co. increased its position in shares of Petco Health and Wellness by 12.8% during the second quarter. Sei Investments Co. now owns 26,055 shares of the company's stock valued at $74,000 after buying an additional 2,951 shares during the period. Rockefeller Capital Management L.P. increased its position in shares of Petco Health and Wellness by 14.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 23,500 shares of the company's stock valued at $66,000 after buying an additional 2,988 shares during the period. Bank of Nova Scotia increased its position in shares of Petco Health and Wellness by 27.8% during the second quarter. Bank of Nova Scotia now owns 15,208 shares of the company's stock valued at $43,000 after buying an additional 3,308 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Petco Health and Wellness by 9.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 42,569 shares of the company's stock valued at $155,000 after buying an additional 3,531 shares during the period. Finally, Creative Planning increased its position in shares of Petco Health and Wellness by 11.0% during the third quarter. Creative Planning now owns 40,826 shares of the company's stock valued at $158,000 after buying an additional 4,047 shares during the period.

Petco Health and Wellness Trading Up 4.9%

Shares of Petco Health and Wellness stock opened at $2.81 on Thursday. Petco Health and Wellness has a 52-week low of $2.24 and a 52-week high of $4.51. The stock's 50-day simple moving average is $2.69 and its 200 day simple moving average is $3.02. The stock has a market capitalization of $905.24 million, a P/E ratio of 93.67 and a beta of 1.62. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.38 and a current ratio of 0.90.

Petco Health and Wellness (NASDAQ:WOOF - Get Free Report) last announced its quarterly earnings data on Wednesday, March 11th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.03). Petco Health and Wellness had a net margin of 0.15% and a return on equity of 0.89%. The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the firm posted ($0.05) earnings per share. The company's revenue was down 2.4% on a year-over-year basis. As a group, research analysts anticipate that Petco Health and Wellness will post -0.22 EPS for the current year.

About Petco Health and Wellness

Petco Health and Wellness Company, Inc NASDAQ: WOOF is a leading U.S. pet specialty retailer focused on delivering products, services and solutions that improve the health and well-being of pets. The company operates a network of retail locations that provide high-quality pet food, supplies and accessories, along with a growing digital platform that supports online ordering, subscription delivery and telehealth consultations for pets.

In addition to its retail offerings, Petco has built a full suite of in-store and virtual services, including grooming, training, dog daycare and veterinary care.

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