Petco Health and Wellness (WOOF) to Release Quarterly Earnings on Thursday

Petco Health and Wellness (NASDAQ:WOOF - Get Free Report) is projected to issue its Q1 2026 quarterly earnings results before the market opens on Thursday, June 5th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $1.50 billion for the quarter.

Petco Health and Wellness Trading Up 1.4%

Petco Health and Wellness stock traded up $0.05 during trading hours on Friday, reaching $3.63. 4,589,519 shares of the company's stock were exchanged, compared to its average volume of 4,330,778. The firm's 50 day simple moving average is $3.20 and its 200 day simple moving average is $3.46. Petco Health and Wellness has a twelve month low of $2.23 and a twelve month high of $6.29. The company has a quick ratio of 0.22, a current ratio of 0.84 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $1.14 billion, a PE ratio of -9.08 and a beta of 1.74.

Hedge Funds Weigh In On Petco Health and Wellness

A hedge fund recently raised its stake in Petco Health and Wellness stock. AQR Capital Management LLC boosted its holdings in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Free Report) by 9.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,274,588 shares of the company's stock after buying an additional 106,295 shares during the period. AQR Capital Management LLC owned approximately 0.40% of Petco Health and Wellness worth $3,887,000 as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on WOOF. Robert W. Baird lowered their target price on Petco Health and Wellness from $5.00 to $3.50 and set a "neutral" rating for the company in a report on Thursday, March 27th. The Goldman Sachs Group raised their price objective on shares of Petco Health and Wellness from $4.00 to $4.48 and gave the stock a "buy" rating in a research report on Thursday, March 27th. Wall Street Zen upgraded shares of Petco Health and Wellness from a "hold" rating to a "buy" rating in a research report on Thursday, March 20th. UBS Group cut their target price on shares of Petco Health and Wellness from $5.50 to $3.25 and set a "neutral" rating on the stock in a research note on Thursday, March 27th. Finally, Citigroup reduced their price target on shares of Petco Health and Wellness from $5.00 to $2.75 and set a "neutral" rating for the company in a report on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $4.00.

About Petco Health and Wellness

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.