Petco Health and Wellness - WOOF Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WOOF shares.
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10 brokers have issued 12-month target prices for Petco Health and Wellness' stock. Their WOOF share price forecasts range from $10.00 to $20.00. On average, they expect the company's share price to reach $12.40 in the next twelve months. This suggests a possible upside of 60.2% 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 stock has decreased by 18.4% and is now trading at $7.74.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 23rd 2023.
View our WOOF earnings forecast.

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) posted its quarterly earnings results on Wednesday, November, 17th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.37 billion. Petco Health and Wellness had a trailing twelve-month return on equity of 6.57% and a net margin of 1.50%. The business's revenue was up 14.6% compared to the same quarter last year.

ETFs with the largest weight of Petco Health and Wellness (NASDAQ:WOOF) stock in their portfolio include ProShares Pet Care ETF (PAWZ), SPDR S&P Retail ETF (XRT), Argent Mid Cap ETF (AMID), Direxion Daily Retail Bull 3X Shares (RETL), First Trust Consumer Discretionary AlphaDEX Fund (FXD), AdvisorShares Gerber Kawasaki ETF (GK), Franklin Disruptive Commerce ETF (BUYZ) and Renaissance IPO ETF (IPO).

Petco Health and Wellness updated its FY 2023 earnings guidance on Wednesday, March, 22nd. The company provided earnings per share (EPS) guidance of -$0.21--$0.13 for the period, compared to the consensus estimate of $0.70. The company issued revenue guidance of $6.15 billion-$6.28 billion, compared to the consensus revenue estimate of $6.36 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), Newell Brands (NWL) and 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 a price of $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.

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

Petco Health and Wellness' stock is owned by many different retail and institutional investors. Top institutional investors include Mackenzie Financial Corp (3.60%), Macquarie Group Ltd. (2.14%), JPMorgan Chase & Co. (1.98%), Clearbridge Investments LLC (1.96%), Millennium Management LLC (1.89%) and T. Rowe Price Investment Management Inc. (1.87%). 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 $7.74.

Petco Health and Wellness (NASDAQ:WOOF) has a market capitalization of $1.77 billion and generates $6.04 billion in revenue each year. The company earns $164.42 million in net income (profit) each year or $0.33 on an earnings per share basis.

The company employs 28,495 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.