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

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WOOF shares.
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12 brokerages have issued twelve-month price objectives for Petco Health and Wellness' shares. Their WOOF share price forecasts range from $5.00 to $16.00. On average, they expect the company's stock price to reach $8.79 in the next year. This suggests a possible upside of 124.9% from the stock's current price.
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Petco Health and Wellness' stock was trading at $9.48 at the beginning of the year. Since then, WOOF shares have decreased by 58.8% and is now trading at $3.91.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 29th 2023.
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Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) posted its earnings results on Thursday, August, 24th. The company reported $0.06 EPS for the quarter, meeting analysts' consensus estimates of $0.06. The firm earned $1.53 billion during the quarter, compared to analyst estimates of $1.52 billion. Petco Health and Wellness had a trailing twelve-month return on equity of 3.17% and a net margin of 0.59%. The business's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.14 EPS.

ProShares Pet Care ETF holds 476,644 shares of WOOF stock, representing 3.87% of its portfolio.

Petco Health and Wellness updated its FY 2023 earnings guidance on Thursday, August, 24th. The company provided EPS guidance of $0.24-$0.30 for the period, compared to the consensus estimate of $0.42. The company issued revenue guidance of $6.15 billion-$6.28 billion, compared to the consensus revenue estimate of $6.31 billion.

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).

(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 served 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.

Petco Health and Wellness trades on the NASDAQ under the ticker symbol "WOOF."

Petco Health and Wellness' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Mackenzie Financial Corp (2.68%), JPMorgan Chase & Co. (1.53%), BlackRock Inc. (1.48%), Franklin Resources Inc. (1.15%), Dimensional Fund Advisors LP (1.03%) and Principal Financial Group Inc. (0.83%). Insiders that own company stock include Aggregator Lp Scooby, Brian Larose, Canada Pension Plan Investment, Justin Tichy, Michelle Bonfilio and Ron Coughlin.
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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.
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One share of WOOF stock can currently be purchased for approximately $3.91.

Petco Health and Wellness (NASDAQ:WOOF) has a market capitalization of $1.19 billion and generates $6.04 billion in revenue each year. The company earns $90.80 million in net income (profit) each year or $0.13 on an earnings per share basis.

The company employs 29,000 workers across the globe.

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.