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

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last twelve months. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WOOF shares.
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13 Wall Street research analysts have issued 12-month price objectives for Petco Health and Wellness' shares. Their WOOF share price forecasts range from $5.00 to $16.00. On average, they anticipate the company's stock price to reach $8.79 in the next year. This suggests a possible upside of 120.9% from the stock's current price.
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Petco Health and Wellness' stock was trading at $9.48 at the beginning of 2023. Since then, WOOF shares have decreased by 58.0% and is now trading at $3.98.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 29th 2023.
View our WOOF earnings forecast.

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) announced its quarterly earnings results on Thursday, August, 24th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The business 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 firm's quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.14 earnings per share.

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

Petco Health and Wellness issued an update on its FY 2023 earnings guidance on Thursday, August, 24th. The company provided earnings per share (EPS) guidance of $0.24-$0.30 for the period, compared to the consensus earnings per share 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 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."

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 $3.98.

Petco Health and Wellness (NASDAQ:WOOF) has a market capitalization of $1.22 billion and generates $6.17 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.