Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Get Free Report)'s share price traded up 3.4% during trading on Monday . The company traded as high as $3.15 and last traded at $3.17. 190,583 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 4,676,142 shares. The stock had previously closed at $3.06.
Analysts Set New Price Targets
A number of analysts recently issued reports on WOOF shares. UBS Group dropped their price objective on Petco Health and Wellness from $5.50 to $3.25 and set a "neutral" rating on the stock in a report on Thursday, March 27th. StockNews.com upgraded shares of Petco Health and Wellness from a "hold" rating to a "buy" rating in a research report on Thursday, March 20th. Robert W. Baird decreased their target price on shares of Petco Health and Wellness from $5.00 to $3.50 and set a "neutral" rating on the stock in a report on Thursday, March 27th. Citigroup decreased their price target on shares of Petco Health and Wellness from $5.00 to $2.75 and set a "neutral" rating on the stock in a report on Tuesday, March 18th. Finally, Royal Bank of Canada reduced their target price on Petco Health and Wellness from $6.00 to $4.00 and set an "outperform" rating for the company in a research report on Thursday, March 27th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $4.11.
View Our Latest Stock Analysis on WOOF
Petco Health and Wellness Trading Up 4.4 %
The stock has a market capitalization of $1.01 billion, a P/E ratio of -7.99 and a beta of 1.74. The stock's fifty day moving average price is $2.85 and its two-hundred day moving average price is $3.60. The company has a current ratio of 0.84, a quick ratio of 0.22 and a debt-to-equity ratio of 1.40.
Institutional Investors Weigh In On Petco Health and Wellness
A number of hedge funds and other institutional investors have recently modified their holdings of WOOF. Dimensional Fund Advisors LP lifted its position in Petco Health and Wellness by 269.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,242,546 shares of the company's stock valued at $12,354,000 after purchasing an additional 2,365,654 shares during the last quarter. Norges Bank bought a new stake in Petco Health and Wellness during the 4th quarter valued at $8,864,000. Bridgeway Capital Management LLC bought a new stake in Petco Health and Wellness in the 4th quarter worth $8,604,000. Driehaus Capital Management LLC purchased a new position in shares of Petco Health and Wellness in the fourth quarter valued at about $6,887,000. Finally, Nuveen Asset Management LLC raised its stake in shares of Petco Health and Wellness by 513.6% during the fourth quarter. Nuveen Asset Management LLC now owns 2,102,175 shares of the company's stock valued at $8,009,000 after acquiring an additional 1,759,570 shares during the last quarter.
About Petco Health and Wellness
(
Get Free Report)
Petco Health and Wellness Company, Inc, operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Vetco mobile clinics.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Petco Health and Wellness, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Petco Health and Wellness wasn't on the list.
While Petco Health and Wellness currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
