NASDAQ:WOOF

Petco Health and Wellness (WOOF) Stock Forecast, Price & News

$7.97

+0.47 (+6.27%)

(As of 06/2/2023 ET)

Compare

Today's Range: $7.67
▼
$8.06
50-Day Range: $7.50
▼
$10.73
52-Week Range: $7.29
▼
$17.17

Volume: 3.32 million shs
Average Volume: 4.03 million shs
Market Capitalization: $2.43 billion

P/E Ratio: 34.65
Dividend Yield: N/A
Price Target: $11.54

Petco Health and Wellness MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.58 Rating Score
Upside/Downside: 44.8% Upside
$11.54 Price Target
Short Interest: Bearish
10.28% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.56
Upright™ Environmental Score
News Sentiment: 1.12
Based on 7 Articles This Week
Insider Trading: Acquiring Shares
$504,801 Bought Last Quarter
Proj. Earnings Growth: 47.83%
From $0.23 to $0.34 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Retail/Wholesale Sector

24th out of 208 stocks

Retail Stores, Not Elsewhere Classified Industry

3rd out of 11 stocks

4.3

Analyst's Opinion

Consensus Rating
Petco Health and Wellness has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.54, Petco Health and Wellness has a forecasted upside of 44.8% from its current price of $7.97.
Amount of Analyst Coverage
Petco Health and Wellness has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
10.28% of the float of Petco Health and Wellness has been sold short.
Short Interest Ratio / Days to Cover
Petco Health and Wellness has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in Petco Health and Wellness has recently increased by 6.90%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Petco Health and Wellness does not currently pay a dividend.
Dividend Growth
Petco Health and Wellness does not have a long track record of dividend growth.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Petco Health and Wellness has received a 13.48% net impact score from Upright. The largest positive contribution comes from its "Meaning & joy" impact, which is mostly driven by its "Physical retail of pet supplies at a pet store" and "Online retail of pet supplies" products. See details.
Environmental Sustainability
The Environmental Impact score for Petco Health and Wellness is -1.56.

2.8

News and Social Media Coverage

News Sentiment
Petco Health and Wellness has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Petco Health and Wellness this week, compared to 5 articles on an average week.
Search Interest
Only 10 people have searched for WOOF on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Petco Health and Wellness to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Petco Health and Wellness insiders have bought more of their company's stock than they have sold. Specifically, they have bought $504,801.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.61% of the stock of Petco Health and Wellness is held by insiders.
Percentage Held by Institutions
62.27% of the stock of Petco Health and Wellness is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Petco Health and Wellness are expected to grow by 47.83% in the coming year, from $0.23 to $0.34 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Petco Health and Wellness is 34.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.48.
Price to Earnings Ratio vs. Sector
The P/E ratio of Petco Health and Wellness is 34.65, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 32.39.
Price to Earnings Growth Ratio
Petco Health and Wellness has a PEG Ratio of 12.53. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Petco Health and Wellness has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Petco Health and Wellness (NASDAQ:WOOF) Stock

Petco Health and Wellness Company, Inc., a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners. 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. It also offers pet consumables, supplies, and services through its petco.com, petcoach.co, petinsurancequotes.com, and pupbox.com websites. As of March 23, 2022, the company operated approximately 1,500 Petco locations in the United States, Mexico, and Puerto Rico that included a network of approximately 200 in-store veterinary hospitals. Petco Health and Wellness Company, Inc. was founded in 1965 and is headquartered in San Diego, California.

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WOOF Stock News Headlines

June 1, 2023 | marketbeat.com

Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come (WOOF)

Chewy.com gave the market what it wanted and now the shares are surging. Short interest may drive volatility bt the reversal is on.

May 24, 2023 | marketbeat.com

PetCo Management Getting it Right? Earnings Beat Says Yes (WOOF)

Shares of PetCo are sliding after initially negative earnings results, long-term investors willing to go through the company's growth stage will see a rally

June 3, 2023 | Stansberry Research (Ad)

Why 2023 Could Kick Off a "Cash Frenzy" in Stocks

But the analyst who called the Lehman Collapse says to expect a "Cash Frenzy" instead.

June 1, 2023 | finance.yahoo.com

Petco Unveils Complete Pet Care Experience at New Flagship in New York City

May 28, 2023 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) Upgraded by StockNews.com to Buy

May 28, 2023 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) PT Lowered to $12.00

May 28, 2023 | americanbankingnews.com

Analysts Set Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Price Target at $11.75

May 28, 2023 | americanbankingnews.com

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Receives $11.75 Average PT from Brokerages

June 3, 2023 | Stansberry Research (Ad)

Why 2023 Could Kick Off a "Cash Frenzy" in Stocks

But the analyst who called the Lehman Collapse says to expect a "Cash Frenzy" instead.

May 27, 2023 | msn.com

RBC Capital Reiterates Petco Health and Wellness Co Inc - (WOOF) Outperform Recommendation

May 26, 2023 | msn.com

B of A Securities Maintains Petco Health and Wellness Co Inc - (WOOF) Buy Recommendation

May 26, 2023 | markets.businessinsider.com

Petco Health and Wellness Company (WOOF) Gets a Buy from RBC Capital

May 26, 2023 | finance.yahoo.com

Why Petco Stock Was Down This Week

May 26, 2023 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) Issues FY 2023 Earnings Guidance

May 26, 2023 | markets.businessinsider.com

Bank of America Securities Sticks to Their Buy Rating for Petco Health and Wellness Company (WOOF)

May 26, 2023 | finance.yahoo.com

Petco Health and Wellness Company First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

May 25, 2023 | msn.com

Morgan Stanley Maintains Petco Health and Wellness Co Inc - (WOOF) Equal-Weight Recommendation

May 25, 2023 | markets.businessinsider.com

Petco Health and Wellness Company (WOOF) Receives a Buy from Needham

May 25, 2023 | finance.yahoo.com

Q1 2023 Petco Health and Wellness Company Inc Earnings Call

May 24, 2023 | finance.yahoo.com

Petco Health & Wellness (WOOF) Q1 Earnings and Revenues Surpass Estimates

May 24, 2023 | msn.com

Needham Maintains Petco Health and Wellness Co Inc - (WOOF) Buy Recommendation

May 24, 2023 | markets.businessinsider.com

Analyst Expectations for Petco Health and Wellness's Future

May 24, 2023 | finance.yahoo.com

Citi, Petco, Abercrombie & Fitch: Trending stocks

May 24, 2023 | finance.yahoo.com

Why Petco Stock Dropped on Wednesday

May 24, 2023 | finance.yahoo.com

Petco Health Shares Slump After Q1: The Details

May 24, 2023 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) Updates FY24 Earnings Guidance

May 24, 2023 | markets.businessinsider.com

Petco Health & Wellness Company Inc Q1 Earnings Summary

See More Headlines

WOOF Price History

30 days | 90 days | 365 days | Advanced Chart

WOOF Company Calendar

Last Earnings: 3/22/2023
Today: 6/03/2023
Next Earnings (Estimated): 8/23/2023
Fiscal Year End: 1/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Retail stores, not elsewhere classified
Sub-Industry: Health Care Facilities
Sector: Retail/Wholesale
Current Symbol: NASDAQ:WOOF
CUSIP: 91819410
CIK: 817366
Web: www.petco.com
Phone: 858-453-7845
Fax: N/A
Employees: 29,000
Year Founded: 1965

Price Target and Rating

Average Stock Price Forecast: $11.54
High Stock Price Forecast: $16.00
Low Stock Price Forecast: $8.50
Forecasted Upside/Downside: +44.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.58
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.23
Trailing P/E Ratio: 34.65
Forward P/E Ratio: 34.65
P/E Growth: 12.53
Net Income: $90.80 million
Net Margins: 1.05%
Pretax Margin: 1.24%
Return on Equity: 4.85%
Return on Assets: 1.73%

Debt

Debt-to-Equity Ratio: 0.67
Current Ratio: 0.98
Quick Ratio: 0.31

Sales & Book Value

Annual Sales: $6.04 billion
Price / Sales: 0.40
Cash Flow: $1.24 per share
Price / Cash Flow: 6.43
Book Value: $7.88 per share
Price / Book: 1.01

Miscellaneous

Outstanding Shares: 304,550,000
Free Float: 302,687,000
Market Cap: $2.43 billion
Optionable: Not Optionable
Beta: 1.03

Social Links

Key Executives

Mr. Ronald Coughlin Jr. (Age 56)
Chairman & CEO
Comp: $4.03M

Mr. Brian LaRose (Age 49)
Chief Financial Officer
Comp: $1.98M

Mr. Justin Tichy (Age 50)
Chief Pet Care Center Officer & COO
Comp: $2.08M

Mr. John M. Zavada (Age 59)
Chief Admin. Officer
Comp: $2.1M

Mr. Darren MacDonald (Age 44)
Chief Customer Officer
Comp: $5.68M

Ms. Kristine Moser
VP of Strategic Financial Planning & Analysis and Investor Relations

Ms. Ilene Eskenazi (Age 50)
Chief Legal & HR Officer

Mr. David Hallisey
Sr. VP & Chief Communications Officer

Ms. Katherine Nauman (Age 40)
Chief Marketing Officer

Mr. Jason Heffelfinger
Chief Services Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WOOF Stock - Frequently Asked Questions

Should I buy or sell Petco Health and Wellness stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WOOF shares.
View WOOF analyst ratings or view top-rated stocks.
What is Petco Health and Wellness' stock price forecast for 2023?: 12 brokerages have issued twelve-month target prices for Petco Health and Wellness' shares. Their WOOF share price forecasts range from $8.50 to $16.00. On average, they expect the company's share price to reach $11.54 in the next year. This suggests a possible upside of 44.8% from the stock's current price.
View analysts price targets for WOOF or view top-rated stocks among Wall Street analysts.
How have WOOF shares performed in 2023?: Petco Health and Wellness' stock was trading at $9.48 on January 1st, 2023. Since then, WOOF shares have decreased by 15.9% and is now trading at $7.97.
View the best growth stocks for 2023 here.
When is Petco Health and Wellness' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 23rd 2023.
View our WOOF earnings forecast.
How were Petco Health and Wellness' earnings last quarter?: Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) released its earnings results on Wednesday, March, 22nd. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.04. The company earned $1.58 billion during the quarter, compared to analyst estimates of $1.55 billion. Petco Health and Wellness had a trailing twelve-month return on equity of 4.85% and a net margin of 1.05%.
What ETFs hold Petco Health and Wellness' stock?: ETFs with the largest weight of Petco Health and Wellness (NASDAQ:WOOF) stock in their portfolio include ProShares Pet Care ETF (PAWZ), Inverse Cramer Tracker ETF (SJIM), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Franklin Disruptive Commerce ETF (BUYZ), Renaissance IPO ETF (IPO) and Principal Millennial Global Growth ETF (GENY).
What guidance has Petco Health and Wellness issued on next quarter's earnings?: Petco Health and Wellness issued an update on its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of $0.40-$0.48 for the period, compared to the consensus EPS estimate of $0.45. The company issued revenue guidance of $6.15 billion-$6.28 billion, compared to the consensus revenue estimate of $6.27 billion.
What other stocks do shareholders of Petco Health and Wellness own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Petco Health and Wellness investors own include IDEXX Laboratories (IDXX), Altaba (AABA), Bank of America (BAC), Broadcom (AVGO), General Electric (GE), Nucor (NUE), Twitter (TWTR), Salesforce (CRM), NXP Semiconductors (NXPI).

When did Petco Health and Wellness IPO?: (WOOF) raised $744 million in an initial public offering (IPO) on Thursday, January 14th 2021. The company issued 48,000,000 shares at $14.00-$17.00 per share. Goldman Sachs and BofA Securities acted as the underwriters for the IPO and Citigroup, Evercore ISI, Credit Suisse, UBS Investment Bank, Wells Fargo Securities, Baird, Guggenheim Securities, AmeriVet Securities, C.L. King & Associates, R. Seelaus & Co. LLC, Ramirez & Co. Inc. and Siebert Williams Shank were co-managers.
What is Petco Health and Wellness' stock symbol?: Petco Health and Wellness trades on the NASDAQ under the ticker symbol "WOOF."
Who are Petco Health and Wellness' major shareholders?: Petco Health and Wellness' stock is owned by many different retail and institutional investors. Top institutional shareholders include Mackenzie Financial Corp (3.59%), Macquarie Group Ltd. (2.59%), Macquarie Group Ltd. (1.94%), JPMorgan Chase & Co. (2.07%), BlackRock Inc. (1.82%) and Franklin Resources Inc. (1.62%). Insiders that own company stock include Aggregator Lp Scooby, Brian Larose, Canada Pension Plan Investment, Justin Tichy, Michelle Bonfilio and Ron Coughlin.
View institutional ownership trends.
How do I buy shares of Petco Health and Wellness?: Shares of WOOF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Petco Health and Wellness' stock price today?: One share of WOOF stock can currently be purchased for approximately $7.97.
How much money does Petco Health and Wellness make?: Petco Health and Wellness (NASDAQ:WOOF) has a market capitalization of $2.43 billion and generates $6.04 billion in revenue each year. The company earns $90.80 million in net income (profit) each year or $0.23 on an earnings per share basis.
How many employees does Petco Health and Wellness have?: The company employs 29,000 workers across the globe.
Does Petco Health and Wellness have any subsidiaries?: The following companies are subsidiares of Petco Health and Wellness: Drs. Foster and Smith, PetCoach, Petco Animal Supplies Inc., Petco Animal Supplies Stores Inc., Petco Holdings Inc. LLC, Petopia.com, and PupBox.
Read More
How can I contact Petco Health and Wellness?: Petco Health and Wellness' mailing address is 10850 VIA FRONTERA, SAN DIEGO CA, 92127. The official website for the company is www.petco.com. The company can be reached via phone at 858-453-7845 or via email at investorrelations@petco.com.

This page (NASDAQ:WOOF) was last updated on 6/3/2023 by MarketBeat.com Staff

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Petco Health and Wellness (WOOF) Stock Forecast, Price & News

Petco Health and Wellness MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Petco Health and Wellness (NASDAQ:WOOF) Stock

WOOF Stock News Headlines

WOOF Price History

WOOF Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

WOOF Stock - Frequently Asked Questions

Overall MarketRank^™