NASDAQ:WOOF

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

$3.84

+0.02 (+0.52%)

(As of 11:21 AM ET)

Compare

Today's Range: $3.77
▼
$3.87
50-Day Range: $3.74
▼
$8.38
52-Week Range: $3.72
▼
$12.57

Volume: 491,134 shs
Average Volume: 3.23 million shs
Market Capitalization: $1.17 billion

P/E Ratio: 29.54
Dividend Yield: N/A
Price Target: $8.79

Petco Health and Wellness MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.58 Rating Score
Upside/Downside: 129.5% Upside
$8.79 Price Target
Short Interest: Bearish
11.95% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.63
Upright™ Environmental Score
News Sentiment: 0.96
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 316.67%
From $0.06 to $0.25 Per Share

Overall MarketRank^™

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

2.56 out of 5 stars

Retail/Wholesale Sector

75th out of 214 stocks

Retail Stores, Not Elsewhere Classified Industry

5th out of 13 stocks

4.3

Analyst's Opinion

Consensus Rating
Petco Health and Wellness has received a consensus rating of Moderate 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 $8.79, Petco Health and Wellness has a forecasted upside of 129.5% from its current price of $3.83.
Amount of Analyst Coverage
Petco Health and Wellness has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
11.95% 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 4.3.
Change versus previous month
Short interest in Petco Health and Wellness has recently increased by 10.14%, 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.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Petco Health and Wellness has received a -4.75% net impact score from Upright. The largest negative impact of Petco Health and Wellness in category "GHG emissions" seems to be driven mostly 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 -1.63.

2.8

News and Social Media Coverage

News Sentiment
Petco Health and Wellness has a news sentiment score of 0.96. 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 0.56 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Petco Health and Wellness this week, compared to 3 articles on an average week.
Search Interest
Only 11 people have searched for WOOF on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Petco Health and Wellness to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Petco Health and Wellness insiders have not sold or bought any 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
48.54% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Petco Health and Wellness are expected to grow by 316.67% in the coming year, from $0.06 to $0.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Petco Health and Wellness is 29.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Petco Health and Wellness is 29.46, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 19.16.
Price to Earnings Growth Ratio
Petco Health and Wellness has a PEG Ratio of 25.56. 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 0.48. P/B Ratios below 1 indicate that a company could be undervalued 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., 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. It also offers pet consumables, supplies, and services through its petco.com, petcoach.co, petinsurancequotes.com, and pupbox.com websites. The company offers its products under the WholeHearted, Reddy, and Well & Good brands. Petco Health and Wellness Company, Inc. was founded in 1965 and is headquartered in San Diego, California.

WOOF Price History

30 days | 90 days | 365 days | Advanced Chart

WOOF Stock News Headlines

September 8, 2023 | marketbeat.com

What More Does Chewy Have to Do to Impress Investors? (WOOF)

Chewy, Inc. has several challenges to work through as it adjusts to a normalized consumer spending backdrop and inflation

August 28, 2023 | marketbeat.com

The 3 Most Promising Growth Stocks Doubling Before You Know It (WOOF)

New EPS projections for the next twelve months are placing these stocks at the top of the growth list, investors would be wise to follow the market's lead.

September 28, 2023 | Wall Street Fundamentals (Ad)

Would Buffett Approve of This Growth Strategy?

Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.

September 27, 2023 | americanbankingnews.com

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Receives Average Rating of "Moderate Buy" from Brokerages

September 27, 2023 | finance.yahoo.com

Rising Loan Costs Are Hurting Riskier Companies

September 21, 2023 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) Reaches New 12-Month Low at $4.03

September 18, 2023 | finance.yahoo.com

Do Options Traders Know Something About Petco (WOOF) Stock We Don't?

September 15, 2023 | finance.yahoo.com

Petco to Participate in the Evercore ISI Virtual Pet Care Summit

September 28, 2023 | Wall Street Fundamentals (Ad)

Would Buffett Approve of This Growth Strategy?

September 8, 2023 | finance.yahoo.com

Petco to Participate in the 30th Annual Goldman Sachs Global Retailing Conference

September 2, 2023 | finance.yahoo.com

Why Petco Stock Dropped 24% This Week

September 1, 2023 | seekingalpha.com

Petco Health and Wellness Company Q2: Hold On Tight For The Near-Term Price Cuts

August 29, 2023 | markets.businessinsider.com

Goldman Sachs Remains a Buy on Petco Health and Wellness Company (WOOF)

August 27, 2023 | seekingalpha.com

Petco Health And Wellness: Proving To Be A Dog

August 25, 2023 | finance.yahoo.com

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Q2 2023 Earnings Call Transcript

August 25, 2023 | finance.yahoo.com

Top 20 Smartest Dog Breeds Ranked

August 24, 2023 | finance.yahoo.com

Q2 2023 Petco Health and Wellness Company Inc Earnings Call

August 24, 2023 | uk.news.yahoo.com

Petco Health & Wellness (WOOF) Q2 Earnings Lag Estimates

August 24, 2023 | msn.com

Petco Healthcare (NASDAQ: WOOF) Stumbles after Q2 Earnings Drop 62.5%, Future Projections Disappoint

August 24, 2023 | investorplace.com

Why Is Petco Health and Wellness (WOOF) Stock Down 18% Today?

August 24, 2023 | seekingalpha.com

Petco Health and Wellness Company, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 24, 2023 | seekingalpha.com

Petco Health and Wellness Company Q2 2023 Earnings Preview

August 24, 2023 | finance.yahoo.com

Petco Health + Wellness Company, Inc. Reports Second Quarter Earnings

August 23, 2023 | benzinga.com

Earnings Preview: Petco Health and Wellness

August 16, 2023 | msn.com

Wedbush Maintains Petco Health and Wellness Co Inc - (WOOF) Outperform Recommendation

August 15, 2023 | finance.yahoo.com

Petco Becomes First and Only National Retailer to Bring Ollie's Human-Grade Pet Nutrition to Pet Parents Nationwide

August 9, 2023 | markets.businessinsider.com

RBC Capital Sticks to Its Buy Rating for Petco Health and Wellness Company (WOOF)

See More Headlines

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WOOF Company Calendar

Last Earnings: 8/24/2023
Today: 9/28/2023
Next Earnings (Estimated): 11/29/2023
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: $8.79
High Stock Price Forecast: $16.00
Low Stock Price Forecast: $5.00
Forecasted Upside/Downside: +130.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.58
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.13
Trailing P/E Ratio: 29.39
Forward P/E Ratio: 63.67
P/E Growth: 26.04
Net Income: $90.80 million
Net Margins: 0.59%
Pretax Margin: 0.75%
Return on Equity: 3.17%
Return on Assets: 1.14%

Debt

Debt-to-Equity Ratio: 0.66
Current Ratio: 0.95
Quick Ratio: 0.33

Sales & Book Value

Annual Sales: $6.17 billion
Price / Sales: 0.19
Cash Flow: $1.17 per share
Price / Cash Flow: 3.27
Book Value: $7.90 per share
Price / Book: 0.48

Miscellaneous

Outstanding Shares: 305,556,000
Free Float: 303,692,000
Market Cap: $1.17 billion
Optionable: Not Optionable
Beta: 1.21

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Key Executives

Mr. Ronald Coughlin Jr. (Age 57)
Chairman & CEO
Comp: $1.19M

Mr. Brian LaRose (Age 50)
Chief Financial Officer
Comp: $643.56k

Mr. Justin Tichy (Age 51)
Chief Pet Care Center Officer & COO
Comp: $678.79k

Mr. Darren MacDonald (Age 45)
Chief Customer Officer
Comp: $694.24k

Ms. Amy College (Age 48)
Chief Merchandising Officer
Comp: $808.41k

Mr. John M. Zavada (Age 60)
Chief Admin. Officer

Ms. Ilene Eskenazi (Age 51)
Chief Legal & HR Officer and Corp. Sec.

Mr. David Hallisey
Sr. VP & Chief Communications Officer

Mr. Jason Heffelfinger (Age 43)
Chief Services Officer

Mr. John Carcasi (Age 53)
Sr. VP of Planning, Pricing & Analytics

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 equities 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 equities research analysts is that investors should "moderate buy" WOOF shares.
View WOOF analyst ratings or view top-rated stocks.
What is Petco Health and Wellness' stock price forecast for 2023?: 12 Wall Street research analysts have issued 12 month target prices for Petco Health and Wellness' stock. Their WOOF share price forecasts range from $5.00 to $16.00. On average, they expect the company's share price to reach $8.79 in the next year. This suggests a possible upside of 130.1% 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 at the beginning of 2023. Since then, WOOF stock has decreased by 59.7% and is now trading at $3.82.
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, November 29th 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 quarterly earnings results on Thursday, August, 24th. The company reported $0.06 EPS for the quarter, hitting analysts' consensus estimates of $0.06. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.52 billion. Petco Health and Wellness had a net margin of 0.59% and a trailing twelve-month return on equity of 3.17%. 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 company earned $0.14 earnings per share.
What ETF holds Petco Health and Wellness' stock ?: ProShares Pet Care ETF holds 476,644 shares of WOOF stock, representing 3.87% of its portfolio.
What guidance has Petco Health and Wellness issued on next quarter's earnings?: Petco Health and Wellness updated its FY 2023 earnings guidance on Thursday, August, 24th. The company provided earnings per share 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.
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 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.
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 a number of institutional and retail investors. Top institutional investors 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.
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 $3.82.
How much money does Petco Health and Wellness make?: Petco Health and Wellness (NASDAQ:WOOF) has a market capitalization of $1.17 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.
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 9/28/2023 by MarketBeat.com Staff

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